WorksheetsJAFP 2 / Saving, Investing & Risk Management
Total questions: 15
Worksheet time: 8mins
Name
Class
Date
1.
IOU issued by a company or federal gov't in exchange for a loan that will be repaid.
a)
Invest
b)
Bond
c)
Risk
d)
Stock
2.
Money paid out of pocket before insurance covers remaining costs.
a)
Deductible / Co-Pay
b)
Principal
c)
Short-Term Goals
d)
Mutual Fund
3.
A business that provides money related services.
a)
Final Institution
b)
Premium
c)
Debit Union
d)
Financial Institution
4.
A contract that outlines coverage plans and protects a person against financial loss or damage.
a)
Insurance Policy
b)
Long-Term Goals
c)
Stock
d)
Premium
5.
A fee paid for the use of money.
a)
Invest
b)
Internet
c)
Interest
d)
Stock
6.
To commit money to gain a profit or earn interest.
a)
Invest
b)
Interest
c)
Mutual Fund
d)
Bond
7.
Plans that take a year or more to accomplish.
a)
Long-Term Goals
b)
Short-Term Goals
c)
Long-Term Goats
d)
Long-Term Golfs
8.
A collection of stocks or bonds of various corporations.
a)
Municipal Funds
b)
Mutual Funds
c)
Investment Pool
d)
Mutual Stocks
9.
The next best alternative given up when making a financial choice.
a)
Opportunity Cost
b)
Cost Opportunity
c)
Opportunity Coats
d)
Opportunity Coast
10.
To automatically save a specified amount from a paycheck for future use.
a)
PYF
b)
GMI
c)
THP
d)
PYL
11.
Plans that take less than a year to accomplish.
a)
Long-Term Goals
b)
Short-Term Goals
c)
Short-Term Goats
d)
Long-Term Goats
12.
What is the equation for simple interest?
a)
I = prt
b)
I = prs
c)
I = trs
d)
I = mrt
13.
Stock prices fluctuate throughout the day.
a)
True
b)
False
14.
Which of the following is NOT a type of insurance?
a)
Health
b)
Dental & Vision
c)
Auto
d)
Death
15.
It's common for employees to have their health, dental and vision insurance premium paid for directly from their paycheck, as a deduction.
a)
True
b)
False
100 %
