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WorksheetsPersonal Finance Review
Total questions: 50
Worksheet time: 43mins
Name
Class
Date
1.
What is the name of this class
a)
Career Management
b)
Economic
c)
Personal Finance
2.
A group of people working together for a common good
a)
Community
b)
Grocery Store
c)
Hospital
3.
Related or unrelated individuals sharing various resources, who also show concern about each other's well-being
a)
Family
b)
School
c)
Hospital
4.
The provision of a product or service in lieu (instead) of money
a)
In-kind income
b)
Sale Tax
c)
Proerty Tax
5.
An organization that exists to benefits others through human service, conservation, religious, or other charitable purposes
a)
Property Tax
b)
Sale Tax
c)
Non-Profit Organization
6.
The access a person has to social relationships that provides resources (Networking)
a)
Consumption
b)
Income Tax
c)
Social Capital
7.
The system of governance that provides structure, protection, and services to people residing in a nation, state, county or municipality
a)
Income Tax
b)
Government
c)
Non-Profit
8.
Identify the job an individual should have if he/ she wants high well-being
a)
Career Assessments
b)
Social Security
c)
Cost of Living
9.
Searching for a career that will allow occupational flexibility provides possible advancement gaining experiences in a selected career.
a)
Social Security
b)
Career Assessment/ Career Counselor
c)
Medicare
10.
Losing credits for classes already taken
a)
Changing Majors/Colleges
b)
SMART Goals
c)
Benefit
11.
Losing credits for classes already taken
a)
Changing Majors/Colleges
b)
SMART Goals
c)
Benefit
12.
Making an informed career decision, that offers the amount of money desired
a)
Benefit
b)
Choose a Career
c)
Income
13.
Plan backward from major deadlines for studying and completeing projects.
a)
Income
b)
Credit
c)
College-Level Expectations
14.
Setting goals, deciding on a two year program, to become veterinary technician, working for three years in the field, continuing to college
a)
TANF
b)
Income TAX
c)
Career Pathway
15.
Not a potential consequence, would be obtaining a marriage license.
a)
Direct
b)
Deposit
c)
College Loan Default
16.
Create a step by step plan outlining exactly how the goal can be reached.
a)
Financial goal
b)
Specific goal
Specific goal
Specific goal
c)
Attainable goal
17.
Your feelings, happy sad, scared, stressed.
a)
Physical well being
b)
Emotional Well being
c)
Intellectual well-being
18.
Specific objectives that are accomplished through financial planning
a)
Financial goal
b)
Financial planning
c)
Financial well-being
19.
Something a person intends to aqcuire, achieve, or accomplish in the future.
a)
Long - term goal
b)
Short - term goal
c)
Goal
20.
Sense of belonging, inclusion, supported by others, connecting with others.
a)
Well being
b)
Emotional Well-Being
c)
Social Well-Being
21.
The desire for goods and services that can increase our quality of life but are not absolutley necessary for our survival.
a)
Needs
b)
Trade - off
c)
Wants
22.
Managing money continuously through life in order to reach your financial goal.
a)
Money management
b)
Financial Planning
c)
Financial Well-Being
23.
The value of the next best alternative that must be forgone as a result of a decision.
a)
Needs
b)
Opportunity Cost
c)
Trade-Off
24.
Aplastic card that is electronically connected to the cardholder
s depository institution account.
s depository institution account.
a)
Contactless payment
b)
Debit card
c)
Credit union
25.
Depository institution that offer many banking services and are owned by their customers.
a)
Countactless payment
b)
Credit Union
c)
Debit card
26.
An account that allows quick access to funds for transactions.
a)
Checking account
b)
Commercial bank
c)
Depository Institution
27.
Business that provide financial services.
a)
Commercial Banks
b)
Depository Institutions
c)
Checking account
28.
For profit depository business that offer financial services to both consumers and other business.
a)
Credit Unions
b)
Commercial banks
c)
Depository Institutions
29.
The price paid for using someone else's money.
a)
Interest
b)
Community
c)
Taxes
30.
A tax on purchased goods and services.
a)
Sale tax
b)
Interest
c)
Community
31.
A group of peopel with common interest and concerns for the common good.
a)
Community
b)
Interest
c)
Sale taxes
32.
A machine that allows people to complete certain transactions from the machine withour human assistance.
a)
Mobile Banking
b)
Automated teller Machine
c)
Online Banking
33.
Allows customers to complete certain transactions from a secure internet site by using a username and password from anyplace in the world with internet access.
a)
Online banking
b)
Mobile banking
c)
Automated Teller Machine
34.
An account at a depository institution that is designed to hold money not spent on current consumption.
a)
Savings tool
b)
Savings account
c)
Interest rates
35.
Payment transactions that can be completed with no physical connections between the payment device and the physical point of the sale terminal or store clerk.
a)
Contactless Payment
b)
Credit Union
c)
Debit card
36.
Aplastic card that is electronically connected to the cardholder
s depository institution account.
s depository institution account.
a)
Contactless payment
b)
Debit card
c)
Credit union
37.
Depository institution that offer many banking services and are owned by their customers.
a)
Countactless payment
b)
Credit Union
c)
Debit card
38.
An account that allows quick access to funds for transactions.
a)
Checking account
b)
Commercial bank
c)
Depository Institution
39.
Business that provide financial services.
a)
Commercial Banks
b)
Depository Institutions
c)
Checking account
40.
Think through the trade - offs and opportunity cost to analyze the consequenses of your goal to make sure it isn't attainable.
a)
Specific Goal
b)
Realistic Goal
c)
Goal
41.
A fundamental belief or practices about what is desirable, worthwhile, and important to an individual.
a)
Well- Being
b)
Values
c)
Desires
42.
Write the exact dollar amount.
a)
Realistic Goal
b)
Time- Bound Goal
c)
Measurable Goal
43.
Control of finances, able to handle financial emergencies, able to meet financial obligations.
a)
Financial Well-Being
b)
Well - Being
c)
Values
44.
School, education, knowledge, cultural experiences, lifelong learner.
a)
Emotional Well - Being
b)
Genius
c)
Intellectual Well- Being
45.
The portion of current income not spent on consumption.
a)
Net loss
b)
Savings
c)
Net gain
46.
An individual's income earned as salary or wages before taxes and other deductions.
a)
Income and expenses
b)
Gross income
c)
Savings
47.
Money received
a)
Expenses
b)
Income
c)
Taxpayer
48.
Income recieved from sources other than employment
a)
Unearned income
b)
Income
c)
Market Value
49.
State money is received from federal grants and state taxes
a)
State Programs
b)
Hospitals
c)
Commercial Banks
50.
Government programs are funded by
a)
Tax Payers
b)
Public Schools
c)
Hospitals
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