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WorksheetsInsurance, Investing and Identity Theft Protection
Total questions: 10
Worksheet time: 7mins
Name
Class
Date
1.
This type of investment is considered a debt instrument.
a)
Stocks
b)
Bonds
c)
Mutual funds
d)
Certificates of deposit
2.
A type of savings account where you leave money alone for a period of time.
a)
Stocks
b)
Certificates of deposit
c)
Mutual funds
d)
Money market account
3.
Which of the following is the best place to keep your emergency fund?
a)
savings account
b)
money market account
c)
stocks
d)
bonds
4.
Putting money away for more than five years is called:
a)
saving
b)
investing
c)
return on investmnet
d)
rule of 72
5.
Diversification is keeping your money in one investment to minimize your risk.
a)
True
b)
False
6.
Something that is owned by you is called a liability.
a)
True
b)
False
7.
Net worth is calculated by taking ones liabilities (things owed) minus ones assets(things owned):
a)
True
b)
False
8.
Which of the following types of insurances would cover the costs associated with the theft of belongings from your home?
a)
Homeowners
b)
Fire
c)
Auto
d)
Health
9.
Which of the following types of insurance would cover the cost associated with a car accident?
a)
Auto
b)
Liability
c)
Health
d)
Wreck Prevention
10.
This type of investment involves a pool of money collected from a group of investors
a)
Mutual funds
b)
Stocks
c)
Bonds
d)
Investing
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