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Worksheets

GearUp Financial Literacy

Total questions: 36

Worksheet time: 1hrs 12mins

Name
Class
Date
1.

the total amount of money in a bank account

a)

account balance

b)

cash

c)

check

d)

expense

2.

to obtain or use money from a bank or other person in order to purchase goods or services

a)

borrower

b)

borrow

c)

consumer

d)

credit

3.

someone who is borrowing money with a plan to pay it back

a)

withhold

b)

lender

c)

expense

d)

borrower

4.

paper money

a)

check

b)

debit

c)

cash

d)

credit

5.

a slip of paper that is filled out to allow a bank to take money from a checking account to pay for a purchase

a)

consumer

b)

check

c)

cash

d)

debit card

6.

an account at a bank that allows a person to deposit or withdraw money and write checks to pay for goods and services

a)

savings account

b)

IRA

c)

checking account

d)

safety deposit

7.

a table for recording information about checks written on a bank account

a)

payroll

b)

savings account

c)

checking account

d)

check register

8.

someone who uses money to buy goods

a)

consumer

b)

borrower

c)

money man

d)

lender

9.

an amount of money that a lender or business allows a person to use to purchase goods and services with a promise to repay the money, usually with interest

a)

gross income

b)

lender

c)

debit

d)

credit

10.

a card, issued by a bank, store, or other business, that is used to borrow money or buy goods and services on credit; consumers make regular payments to repay the bank, store, or business

a)

debit card

b)

credit card

c)

food stamp card

d)

deposit card

11.

an amount of money subtracted from a bank account balance

a)

debit

b)

credit

c)

loan

d)

cash

12.

a card issued by a bank that a consumer uses to pay for purchases with money from a checking account

a)

mastercard

b)

food stamp card

c)

credit card

d)

debit card

13.

money placed into a checking or savings account in a bank

a)

lender

b)

deposit

c)

withdrawal

d)

interest

14.

a payment, made over the Internet, that allows money to be taken directly from a consumer's bank account

a)

electronic payment

b)

personal payment

c)

credit

d)

interest

15.

an amount of money used to buy goods or services

a)

loan

b)

credit

c)

debit

d)

expense

16.

items produced for sale

a)

goods

b)

services

c)

income

d)

money

17.

the total amount of money a worker earns BEFORE taxes and other deductions are withheld

a)

outcome

b)

income

c)

gross income

d)

net income

18.

the amount of money received in a particular time (weekly, monthly, yearly) in exchange for work

a)

income

b)

gross income

c)

net income

d)

ghost income

19.

yearly federal tax on a persons earnings

a)

income tax

b)

gross income

c)

interest

d)

property tax

20.

money paid by a borrower in exchange for using a lender's money for a certain period of time

a)

credit

b)

debit

c)

income

d)

interest

21.

a person or business that loans out money

a)

lender

b)

creditor

c)

borrower

d)

consumer

22.

money that is borrowed by a person to purchase goods or services; the borrower agrees to repay the money over a set period of time with interest

a)

withdrawal

b)

loan

c)

payroll

d)

services

23.

the total amount of money a worker takes home AFTER taxes and other deductions are withheld

a)

net income

b)

gross income

c)

income

d)

income tax

24.

money withheld from a worker's paycheck to fund federal programs such as Social Security and Medicare

a)

payroll tax

b)

income tax

c)

property tax

d)

sales tax

25.

a bank account that allows a customer to deposit and withdraw money and earn interest from the bank

a)

savings account

b)

checking account

c)

IRA

d)

spending account

26.

activities performed by people or businesses that satisfy other people's wants or needs

a)

services

b)

needs

c)

wants

d)

goods

27.

money removed from a savings or checking account

a)

lender

b)

credit

c)

deposit

d)

withdrawal

28.

to subtract taxes from a worker's gross income

a)

school taxes

b)

withhold

c)

earnings

d)

property tax

29.

What movie is this?

a)

Mr. Wiggins Steals Christmas

b)

The Grinch

c)

Happy Feet

30.

What movie is this?

a)

The Elf King

b)

Elf on a Shelf

c)

Elf

31.

What movie is this?

a)

Home Alone

b)

Christmas Vacation

c)

Kevin's Christmas

32.

What movie is this?

a)

A Christmas Movie

b)

A Christmas Story

c)

Nightmare Before Christmas

33.

What movie is this?

a)

The Santa Clause

b)

Mr. Claus

c)

Santa has Kids

34.

What is this movie?

a)

Jack Skellington's Christmas

b)

The Nightmare Before Christmas

c)

The Dream Before Christmas

35.

What Christmas movie is this?

a)

Mickey's Once Upon a Christmas

b)

Frosty the Snowman

c)

It's a Wonderful Life

d)

The Muppet Christmas Carol

36.
Who is this?
a)
Dasher
b)
Dancer
c)
Rudolph
d)
Vixen