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Rising Mogul 2021 Final Exam

Total questions: 30

Worksheet time: 30mins

Name
Class
Date
1.

The four money mindsets are

a)

consumer, investor, producer, philanthropist

b)

consumer, rapper, owner, seller

c)

stock, bonds, commodities, futures

d)

expenses, income, taxes, savings

2.

Which is not a Credit Reporting Agency

a)

TransUnion

b)

Experian

c)

JP Morgan

d)

Equifax

3.

What insurance company does Julio Tejada work for?

a)

Progressive

b)

StateFarm

c)

Geico

d)

Liberty Mutual

4.

the FICO score range is from 300 to (a)  

5.

The name of the stock simulator app we used

a)

Zelle

b)

Robinhood

c)

Tangled

d)

Rapunzl

6.

Which of the following are needs (you can check more than one)

a)

Water

b)

Food

c)

Videogames

d)

home/Shelter

e)

Books

7.

What country was Mansa Musa from

a)

Ghana

b)

South Africa

c)

Nigeria

d)

Mali

8.

What sport does Devon Kennard play

a)

Football

b)

Basketball

c)

Hockey

d)

Baseball

9.

What do you have to pay on top of the borrowed amount when you take out a loan?

(a)  

10.

We start our day saying our ____________ _______________

(a)  

11.

What is the bank of the United States?

a)

Wells Fargo

b)

Federal Reserve

c)

JP Morgan Chase

d)

Bank of America

12.

What is a budget?

a)

A plan to use my money

b)

A plan to gain weight

c)

a plan to lose weight

d)

A plan to study at school

13.

Credo is Greek for...

a)

cheese

b)

trust

c)

car

d)

cancel

14.

True or False: Mansa Musa is the richest man to ever live.

a)

true

b)

false

15.

people pay for...

a)

goods and services

b)

air

c)

goods

d)

services

16.

this type of card uses your OWN money in YOUR bank account

a)

Your moms gift card

b)

Your debit card

c)

your credit card

17.

What can bring your credit score down?

a)

having no debt

b)

mismanaging your accounts

c)

paying bills late

d)

paying for things with credit that you can't afford right now.

18.

Sofia has a (a)   managed by a firm that only invests in stocks and bonds owned by companies committed to sustainable development.

19.

Where are stocks and bonds traded, bought, and sold?

a)

federal reserve

b)

market

c)

savings account

d)

bank

20.

(a)   are portions or shares of a company, sold to individuals or other groups.

21.

Select all of the assets

a)

Car

b)

Real estate

c)

Stock

d)

video game console

e)

bond

22.

it's a good idea to keep as little money as possible in a savings account

a)

True

b)

False

23.

A loan is

a)

monopoly money

b)

money that is borrowed

c)

cryptocurrency

d)

a budget

24.

When you diversify your investments, you

a)

could lose all of your money on one risky investment

b)

cannot lose money through investments

c)

invest only in safe options

d)

spread out your money between different investments

25.

A (a)   already has money put onto the card

26.

In the United States taxes are collected by the

a)

debt collectors

b)

supreme court

c)

president

d)

Internal Revenue Service

27.

You have the right to receive a free credit report how many times?

a)

every day

b)

every week

c)

once a year

d)

once a month

28.

why is it important to have good credit?

4 lines
29.

Give two ways that a bank makes money

4 lines
30.

After your session with world of money will you start to put money towards a savings account? Why or why not?

4 lines