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Financial Vocabulary Worksheet

Authored by Katherine Fly

Social Studies

11th Grade

Used 2+ times

Financial Vocabulary Worksheet
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50 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The income received by property owners in the form of rent is called _________.

rental income

interest

wages

profit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The time worked beyond the regular hours; usually more than 40 hours in a five-day period is called _________.

overtime

break time

holiday

leave

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Unexpected financial gain is called a _________

windfall

downfall

shortfall

pitfall

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The cost of the next best alternative use of money, time, or resources when one choice is made rather than another is called _________

opportunity cost

sunk cost

fixed cost

marginal cost

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goals that are specific, measurable, attainable, realistic, and timely are called _________.

SMART goals

VAGUE goals

IMPOSSIBLE goals

SHORT-TERM goals

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A process used to achieve financial success based upon the development and implementation of financial goals and planning is called _________.

financial planning

budgeting

investment banking

tax evasion

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things that are required in order to live are called _________.

needs

wants

games

toys

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