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  5. Quiz 4: Budgets, Assets, Liabilities, Balance Sheets

Quiz 4: Budgets, Assets, Liabilities, Balance Sheets

Authored by Corinna Christman

Mathematics

11th Grade

CCSS covered

Used 6+ times

Quiz 4: Budgets, Assets, Liabilities, Balance Sheets
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25 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 2 pts

Media Image

What formula(s) should go in cell C9?

=(c3+c6)

(c3+c6)

sum(c3:c6)

=sum(c3:c6)

Tags

CCSS.6.SP.B.5C

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

What is this person's net worth?

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

What formula would calculate net worth in cell G11?

=C9+G9

=C9-G9

=G9-C9

C9+G9

Tags

CCSS.6.SP.B.5C

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Terry starts the month with $2000 cash, $3000 in investments, and a car worth $2900.

He also owes his brother $1000 and has a student loan of 15000.

What is his current net worth?

-$11000

-$8100

$7900

$23900

Tags

CCSS.7.EE.B.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Media Image

Terry starts the month with $2000 cash, $3000 in investments, and a car worth $2900.

He also owes his brother $1000 and has a student loan of 15000.

Using the T- account to the left, what is his net worth at the end of the month?

-$6800

-$12700

-$3800

$23900

Tags

CCSS.7.NS.A.1A

6.

MATCH QUESTION

1 min • 2 pts

Media Image

Use the balance sheet to identify what formula or amount should go in each box.

=sum(G8:G11)

Cell G14

15000

Cell C14

$2000

Cell C7

=sum(C7:C11)

Cell G9

$3000

Cell C10

Tags

CCSS.8.EE.A.4

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

How is wealth defined?

How much money you have in your Checking and Saving accounts
Debts - Assets
All assets, including money in the bank + retirment
Assets - Debts

Tags

CCSS.6.NS.C.7C

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