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Worksheets

finance

Total questions: 22

Worksheet time: 11mins

Name
Class
Date
1.

A card that borrows money but it has to be paid back ...

a)

Debit Card

b)

Credit Card

c)

Baseball Card

d)

Pokemon Card

2.

A card that uses money directly from your bank account ...

a)

Debit Card

b)

Credit Card

c)

Pokemon Card

d)

Baseball Card

3.

A mortgage is used for ...

a)

Buying a new machine

b)

Buying a new vehicle

c)

Buying properties

d)

Paying staff wages

4.

A _________ is a plan or forecast of how much money you will have, and how you will spend it.

a)

Profit Statement

b)

Job Cost Statement

c)

Cash Flow Report

d)

Cash Budget

5.

Anything that is purchased with the hope that it will generate income or be more valuable at a future date ...

a)

investment

b)

loan

c)

income

d)

expense

6.

Money borrowed from a bank ...

a)

debt

b)

loan

c)

budget

d)

expense

7.

The fee for borrowing and using someone else's money ...

a)

expense

b)

interest

c)

interest rate

d)

income

8.

Payment received for goods or services, including employment ...

a)

interest

b)

dept

c)

credit

d)

income

9.

Money owed, usually as a result of borrowing ...

a)

debt

b)

expense

c)

income

d)

interest

10.

What is a budget?

a)

A type of savings account

b)

A way to invest for retirement

c)

A fund for emergencies

d)

A financial plan that defines expenses for a period of time.

11.

What does this represent?

a)

Spending money

b)

Spending pennies

c)

Saving money

d)

interest

12.

To obtain by paying money for an item or a service ...

a)

income

b)

purchase

c)

saving

d)

salary

13.

To let someone else use your money and they will need to pay you back ...

a)

human capital

b)

borrow

c)

lend

d)

interest

14.

Paying for something with money that is borrowed and must be paid back, usually with interest ...

a)

credit

b)

income

c)

resources

d)

salary

15.

To give your money to a charity or worthy cause ...

a)

loan

b)

donate

c)

tax

d)

spending goal

16.

To put money into the bank ...

a)

spending

b)

withdrawal

c)

deposit

d)

finance

17.

The price or amount you pay for something that you want or need ...

a)

cost

b)

dollar

c)

borrow

d)

deposit

18.

To take money out of the bank to use ...

a)

to deposit

b)

to withdraw

c)

to cost

d)

to spend

19.

All of the following choices are examples of investments except ...

a)

Taxes

b)

Stocks and Bonds

c)

Real estate

d)

Businesses

20.

A person or business that offers loans at extremely high interest rates is ...

a)

entrepreneur

b)

loan shark

c)

creditor

21.

All of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc. ...

a)

personal finance

b)

economy

22.

A person or organization that uses a product or service ...

a)

consumer

b)

borrower