WorksheetsFBLA Introduction to Financial Math
Total questions: 20
Worksheet time: 10mins
What is a budget?
A plan for spending money that makes you lose most of your money
A plan for using money in a way that best meets your wants and needs
A plan for using money in a way that only meets your wants
A plan for using money in a way that only meets your needs
What is defined as a general increase in the cost of goods and services?
Percent Increase
Inflation
Cost Rise
Price Enlargement
What is defined as the number of each item that a business has in stock?
Package Count
Load
Stock Value
Inventory
What is defined as the total number of people who might purchase a type of product?
Target Audience
Market
Buyer Count
Buying Percent
What is defined as combining one business with another business to form a new business?
Grouping
Collaborating
Merging
Combining
What is the definition of net worth?
The amount by which your liabilities exceed your assets
The amount of money you are worth
The amount of money you ended with in your lifetime
The amount by which your assets exceed your liabilities
Which of these is defined as a fixed amount of money earned on a regular basis, received weekly, bi-weekly, semimonthly, or monthly?
Salary
Income
Paycheck
Currency
Which of these is defined as shares of ownership in a corporation?
Collaboration
Stocks
Percent Shared
Bonds
Which of these is defined as a geometric pattern?
A list of numbers that that increases exponentially (e.g. 3,9,27,81...)
A list of numbers that increases by an addition pattern. (e.g. 3,6,9,12...)
A list of numbers that increases both exponentially and in an addition pattern (e.g. 1, 2, 4, 6, 36, 42...)
A list of numbers that increases based on the number of sides in all of the recognized polygons in the mathematical world (e.g. 3, 4, 5, 6, 7, 8...)
Which of these is defined as an arithmetic pattern?
A list of numbers that that increases exponentially (e.g. 3,9,27,81...)
A list of numbers that increases both exponentially and in an addition pattern (e.g. 1, 2, 4, 6, 36, 42...)
A list of numbers that increases based on the number of sides in all of the recognized polygons in the mathematical world (e.g. 3, 4, 5, 6, 7, 8...)
A list of numbers that increases by an addition pattern. (e.g. 3,6,9,12...)
Which of these is defined as a fact that has numerical data, usually implied into a percentage or graph?
Theory
Statistic
Data
Mathematical Conclusion
Which of these is defined as writing a check knowing your account won't have sufficient funds to covering it, and hoping within a few days that your account will have enough funds?
Faking a check
Floating a check
Fraudulent Checkery
Prewriting a check
Which of these is the meaning of X/Y, net Z
X% discount if paid in Y days, due in Z days
X profit divided by Y loans, Z is the maximum amount of money due
X loans divided by Y profit, Z is the maximum amount of money due
X sales price divided by Y% discount, Z is the minimum price a customer can pay
How long are business checks valid for?
No expiration on business checks
3 months
6 months
12 months
What is the formula for converting Celsius to Fahrenheit?
(0°C × 9/5) + 32 = 32°F
(0°F × 9/5) + 32 = 32°C
(0°C × 5/9) + 32 = 32°F
(0°C × 9/5) + 20 = 32°F
Which of these is defined as the original sum invested or lent?
Principal
Principle
Pilot Investment
Dropoff Point
How many kilometers are in a mile?
5 km
3 km
0.621369 km
1.60934 km
What is a tenant?
A landlord who sells land or property to a customer
A person who occupies land or property rented from a landlord
The base unit of money that a 2,000 square feet home costs per month
The lease a customer must sign before renting the landlord's land or property
What is the international system of units?
U.S. Customary Unit System
English Unit System
Metric System
Imperial Unit System
How long is a normal check valid for?
1 month after being written
180 days after being written
365 days after being written
No expiration
