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Worksheets

1st Six Weeks Exam

Total questions: 20

Worksheet time: 12mins

Name
Class
Date
1.

What is a characteristic of money?

a)

it is green

b)

it dissolves when wet

c)

it fits in your pocket

d)

it is durable

2.

What is money made from

a)

plastic

b)

leather

c)

cotton

d)

paper

3.

Another characteristic of money is that it is

a)

foldable

b)

portable

c)

profitable

d)

printable

4.

When money is used to make change, it is said that money is

a)

easily lost

b)

can be divided

c)

divisible

d)

fold-able

5.

If there is not alot of money around this characteristic means it is

a)

scarce

b)

stock

c)

devalued

d)

inflated

6.

Before there was money, things were traded; this is called

a)

bartering

b)

jewelry

c)

trading

d)

changing

7.

A fee paid for the use of money is

a)

devaluation

b)

inflation

c)

finance

d)

interest

8.

The knowledge and skills we need to manage our finances effectively is

a)

lender

b)

finance manger

c)

finance literacy

d)

financial analyst

9.

a person who loans money to anther person is called a

a)

financial analyst

b)

money man

c)

financial manager

d)

lender

10.

A share of ownership in a company is called a

a)

stock

b)

profit

c)

interest

d)

barter

11.

A categorized list of words related to a particular topic is known as

a)

vocabulary

b)

word wall

c)

taxonomy

d)

terminology

12.

A great quantity of money or valuable possessions is known as your

a)

treasures

b)

wealth

c)

interest

d)

taxonomy

13.

The act of buying or borrowing money with promise to repay the person or business at a future date or money that is received and increases the bank account balance is called

a)

credit

b)

inflation

c)

interest

d)

stock

14.

A current medium of exchange in the form of coins is called

a)

interest

b)

stock

c)

interest

d)

money

15.

Which of the following is not a financial service institution

a)

bank

b)

credit union

c)

insurance companies

d)

pawn shop

16.

Which is not a financial service

a)

checking account

b)

credit card

c)

pay day loan

d)

financial advisor

17.

An agency of the USA that promotes public confidence in the US financial system by insuring deposits in banks is called

a)

credit unions

b)

FDIC

c)

banks

d)

ATM machines

18.

What an the amount invested today, at a particular interest rate, will be worth in the future; you are finding the

a)

future value

b)

interest amount

c)

compound interest

19.

Money's potential to grow in value ovet time is known as

a)

time value of money

b)

interest

c)

finance

d)

bank

20.

The central bank of the United States is the

a)

an insurance company

b)

Federal Reserve

c)

a credit union

d)

FDIC