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WorksheetsAll Sharks - Junior Teen Plus College Digital Citizenship
Total questions: 98
Worksheet time: 1hrs 7mins
An IOU is an example of:
A savings account.
Your new favorite band.
A personal loan.
A spending plan.
How does your money grow once you put it in a savings account?
The bank gives you more money over time.
The money fairy appears and adds more every year.
Your mom puts money in your account every birthday.
It doesn’t grow. The amount stays the same until you add it yourself.
Which of these is not an example of income?
Money you earn from your lemonade stand.
Money your grandma gave you for your birthday
Money you borrowed from your friend.
Money you get for an allowance
What is a good example of a financial goal?
To save for a college fund.
To buy a new guitar and pay for lessons
To earn enough to buy a pet hamster.
All of the above.
What’s the best way to make change at the grocery store?
Using the most coins and dollars possible.
Using the fewest coins and dollars possible
Using only coins.
All of the above.
Why would someone create a budget?
To keep track of money earned and money spent.
To find out how much money they will earn.
To keep track of how much money is in their savings account.
None of the above.
Which of the following could be considered a business expense?
Back-to-school clothes.
The money you put into your savings account every month.
Fees for your soccer team.
The dog treats you bought for your dog-walking job.
You make $12.75 running a lemonade stand with your BFF. If your supplies cost $3.75 to purchase and you split the profit equally with your friend, how much money will you make?
$9.00 Score!
$4.50.
$12.50.
$3.75.
What is the best way to create a budget?
Put everything into one jar and withdraw from it as needed.
Divide your money into categories according to what the money is for.
Divide your money in half. Save half and spend half.
Put $20 into savings, $20 into IOU, and the rest into spending
Your little sister tells you she wants to buy some taffy from the store, but doesn’t have enough money. If you give her the money and make her promise to pay it back, what are you doing?
Lending her money.
Borrowing her money
Taxing her money.
Budgeting her money
Which of these is a reason to keep your money in a savings account?
Your money will be safe
You’ll earn interest.
It will help remind you to save for your goals
All of the above.
What is a vendor?
Someone who sells a product
A machine where you can buy soda and snacks.
A type of savings account.
Someone who has a budget
What’s interest?
Money that you put in a savings account
Money that a bank or credit union pays you each month to keep your money in a savings account.
Money left over after you pay expenses
Money that you spend on your hobbies.
What’s the difference between a deposit and a withdrawal?
They are different words for the same thing.
A deposit is a type of budget and a withdrawal is a type of bank account.
A deposit is when you take money out of a bank account and a withdrawal is when you put money in.
A deposit is when you put money into a bank account and a withdrawal is when you take money out
You’ve decided to start making and selling brownies. You want to team up with a friend. What would that mean for your business?
You’ll be able to make more brownies.
You’ll probably be able to sell more brownies
You’ll have to split your profits.
All of the above.
Which of the following is true about sales tax?
It’s included in the prices of things that you buy.
It’s added on top of your final total at the store.
Kids don’t have to pay sales tax
Sales tax can only be paid for with change
What happens if you spend money on something you didn’t plan for in your budget?
You’ll have to pay an extra fee because you didn’t plan to spend that much.
You’ll never reach your savings goals.
You’ll need to look at your budget and change it for the new expense.
You can’t spend money if you didn’t budget for it.
You’re dying for a pair of Snetchers sneakers to wear to school, but they’re expensive. What is this an example of?
A long term goal.
A need.
An emergency purchase.
An investment.
What does it mean if have debt?
You have money in a savings account.
You owe someone money.
You have a budget.
Someone owes you money.
What two things should you track in a budget?
Income and expenses.
Expenses and savings.
Income and sales tax.
Candy and video games
Good news! The bike that you want is $35 off! What should you do with the leftover money if your goal is to keep saving?
Buy some sweet wheels and a personalized helmet.
Put it back in your wallet.
Deposit it in your savings account.
Keep it handy—you might want to buy something else soon.
Why is competition between sellers good for shoppers?
It’s funny to watch.
It gives them more choices and better prices.
It gives them more deposits and lower sales tax.
It means that there will be more sales tax.
You’ve reached your goal of saving enough money for a hoverboard. Now what?
Set a new financial goal and start saving toward it.
You no longer have to keep a budget. Congratulations!
You get a bonus of $20.
You can’t buy it until you earn even more money.
What will help you sell the most at your lemonade stand?
Buying cheaper lemons so you can make more lemonade
Pricing your lemonade $0.05 lower than other stands so more people come
Asking your friend to help so that she can serve more customers
All of the above.
You earned $8 in cash from babysitting. What’s the first thing you should always do?
Spend it!
Enter $8 into your budget as income.
Put it all in a savings account.
Withdraw the money so you can spend it
(BT) What is the best way to create a budget?
Split your income in half: save 50% and spend 50%.
Create minimum savings goals that you must reach before you can buy any “wants.”
Decide a maximum amount that you can spend each week. Spend that amount however you want as long as you don’t go over it
Divide your income into categories and plan how much you’ll spend on each.
How does a debit card work?
It lets you pay with the money in your checking account.
Your bank or credit union lets you borrow money that you have to pay back later.
It automatically deducts money from your savings account.
It gives you the option to choose what account you want to pay with
Which of the following is true about credit cards?
You can’t use a credit card at most stores.
If you don’t pay your balance off in full each month, you’ll accrue interest.
Credit cards allow you to access money in your checking account.
Charging your credit card is the best way to pay for an unexpected expense
Someone broke into your apartment and stole all of your stuff. Luckily, you have renter’s insurance. How do you request that your insurance pay for the lost items?
File a claim.
Write a deductible.
Submit a powerpoint presentation
Prepare a lease.
What is the name of the document that comes with your paycheck and shows you what you were paid and how much was taken for taxes?
Paystub.
Payline.
Pay Report
Pay Sheet.
When moving to a new rental, you’ll likely need to pay a security deposit. How much is this often?
$500.
75% of one month’s rent.
First and last month’s rent.
Four months of rent.
What is the name of the document that tells you what you need to pay on your credit card?
Overdraft.
Lease.
Deposit.
Statement.
What happens if you go into debt?
You’ll need to pay back a minimum amount every month.
You’ll likely pay more than you borrowed due to interest.
Your net worth will be negatively affected
All of the above.
You charged $500 to your credit card to buy a new TV and paid it off after 6 months. With interest, you paid back a total of $600. Which of the following is the principal in this situation?
$500.
6 months.
$100.
$600.
If you decide to rent a place to live, you’ll need to sign a _____.
Mortgage.
Rental Withdrawal.
Lease
Claim
If you pay off only the amount owed on your credit card each month, but don’t pay it off completely, what’s that called?
Making your minimum payment.
Paying your balance.
Making your interest-avoidance payment
Paying your dues.
Your account statement arrived. You had a balance of -$52.79. After the $307.74 deposit from Rolands Bookstore, what is your new account balance?
(a)
On Jan. 8, your account was charged $30.00 for an overdraft fee. Why did that happen?
It was time for the monthly fee you pay to maintain your account.
You spent more than what was in your account.
You went over the limit of transactions per month
You wrote three checks that month and you have to pay a $10 fee for each one.
Why wouldn’t every purchase you made show up on your account statement?
Some take time to clear.
Only purchases over $100 are included on your statement.
Your account statement only shows withdrawals, not purchases.
Your statement only includes suspicious purchases.
How often are you required to make payments on an auto loan?
Once a week.
Every other week.
Once a month.
Every time you get a paycheck.
Your new health insurance has a $4,000 deductible. What does that mean
You’ll pay the insurance company $4,000 a year to cover all of your medical expenses.
Your insurance will cover up to $4,000 of your medical expenses each year and then you’ll have to cover the rest.
You’ll need to pay $4,000 on medical expenses each year before your insurance will kick in.
Your insurance will pay up to $4,000 for each medical visit you have.
What’s the difference between net pay and gross pay?
Gross pay is your total paycheck and net pay is what you take home after taxes.
Net pay is your total paycheck and gross pay is what you take home after taxes
Gross pay is what you get from a full time job and net pay is what you get from a part time job.
Net pay is what you deposit into an account and gross pay is what you cash.
Your employer withholds money from each paycheck. What is this money used for?
To make up for hours of work you missed.
To pay for federal and state taxes.
To maintain your office building.
To deposit into a separate company account.
Which of the following would you budget for in “Utilities”
Your college savings fund.
Your electric and heating bills.
Your grocery budget.
Your car repairs.
What is a health insurance copay?
The amount you pay when you visit a doctor.
The amount you pay for insurance each month, regardless of if you go to the doctor.
The tip you give to the doctor if you think they did a good job.
The amount your insurance will be required to pay after you visit the doctor.
There are many costs associated with owning a car. Which of these is not something you’ll need to pay for?
Maintenance.
Registration.
Inspection.
Arbitration.
You walk outside only to find that your car has been towed because you were parked illegally. You paid the towing company with a check and took this unexpected expense from which budget?
Entertainment.
Utilities.
Reserves
Rent.
What is double-entry accounting?
A budgeting method where you plan for double every expected expense to ensure that you never budget less than you need.
A budgeting method where you record your earnings twice: once to track where your money is going, and once to decide what it is for.
A department at most companies that handles all the money and tracks receipts.
A way to double-check your expenses where you go through all of your receipts twice each month
You decide to stop at the ATM and get money out of your account before going to the store. You’re a making a(n):
Claim.
Credit.
Expense.
Withdrawal.
What is in-state tuition?
A requirement some schools have not to pay tuition until you’re in the state.
A lower tuition rate available to residents of the state that the school is in.
A percentage of tuition that must be paid to the state.
A discount on tuition if you agree to work in the state for at least 2 years after graduation.
True or False: if you don’t have at least a 3.8 GPA, you won’t qualify for any scholarships.
True
False
What are the most common student statuses?
Major Undeclared and Declared
Part-time and Full-time
On-campus and Off-campus
Alumni and Current
What cost is generally the most expensive for a year of college?
Tuition
Fees
Textbooks and supplies
Rent
What is a meal plan?
A list of restaurants that partner with the school to give students affordable food options
A grocery delivery service recommended for first year students
A food budgeting plan provided by the school
A prepaid account that you use to buy food on campus
How many credits do you usually need to take in order to be considered full-time?
6
10
12
15
When are general school fees usually due?
The same time as tuition
A month before tuition
After you graduate
Each January
What does FAFSA stand for?
Fees Allocated For School Administration
Frequently Assessed Fees for School Activities
Free Application for Federal Student Aid
Fair Admission Federal Student Aid
How long is a semester?
A quarter of an academic year
A third of an academic year
Half of an academic year
A full academic year
What is malware?
Software designed to damage a computer or phone.
Websites that show inappropriate content or advertise for unsavory companies.
A device that’s infected with a virus and must be wiped.
Software that will help you diagnose why a computer isn’t working properly.
How do you know if a website has an SSL certificate?
The certificate is displayed on their “about us” or information page.
All websites are required to have an SSL certificate.
The SSL badge is on the footer of the site.
The website starts with “https” in the browser.
What does it mean if wifi is “secure”?
It has a password.
it has an SSL certificate.
It has security questions.
It has been wiped.
What is a brute force attack?
A hacker uses a computer to enter common passwords until they gain access to an account.
Someone steals a device and gets access to sensitive information because of it.
A scammer includes a deceptive link in an email that downloads a virus when clicked.
All of the above.
What can malicious adware do?
Potentially expose you to a catfish
Rather than blocking advertisements online like it’s supposed to, it can show even more ads that are unskippable.
Install viruses onto your device, show you inappropriate ads, or show you excessive ads online.
Allow a hacker to automatically login to your accounts and make purchases in your name.
What is the type of software that locks your device until you pay a hacker to gain access again?
Bribeware
Hostageware
Kidnapware
Ransomware
If you give someone ______ to your device, they can control it through another phone or computer.
Remote access
Distant access
Control privilege
Distance privilege
Sometimes a hacker is able to force their way into a company’s system, exposing sensitive information like passwords, email addresses, or credit card numbers. What is the term for this situatioN
A hack attack.
A security breach.
A data crisis.
A system raid.
It’s recommended to make your password at least __ characters long.
7
8
9
10
What is a security question?
A question you answer to prove it’s you if you forget your password.
Something you should ask anyone who wants remote access to your device.
A warning your browser will give you if it appears that a website isn’t safe.
A query your device sends to any website you visit in order to see if it’s safe..
When trying to determine if you should trust something you read online, what should you check?
Who published it.
The date it was published.
Other sources to see if they say the same thing.
All of the above.
What is phishing?
A method for fixing an infected device where you set up “bait” for a virus and, once the bait is attacked, it activates a program that clears the virus from the device.
A way to check if a download is safe. You run the phishing software on the download and it will determine if it includes any viruses or malware.
When a scammer impersonates a legitimate company, usually through email, in order to trick you into giving them money or information.
When you access the internet with no protection. It’s called that because you are “fishing for trouble.”
What can you expect to find in a website’s Terms and Conditions (also called Terms of Service)?
Options to adjust your privacy settings, such as who can see your account or send you messages.
The things you agree to do when creating an account and the rules for using the site.
Information about how to troubleshoot your account if problems occur.
Technical information about the site. This includes the developer, publish date, and the server it’s hosted on.
When making purchases online, what should you look for to know if it’s safe?
An SSL certificate
A published return policy and privacy statement.
A physical address and phone number.
All of the above.
Is it safe to use a public wifi network that isn’t password protected?
Yes, the internet provider will still have protections in place
Yes, but only on a laptop or tablet, not on a cell phone
No; it can allow hackers access to your device.
No; it will mark your device as “infected.”
IntraTechnology Corporation has 80,000 shares outstanding. If the market capitalization of the company is $320,000, how much does each share cost?
$4.75 per share
$4.50 per share
$4.25 per share
$4.00 per share
The closing share price today for Alphawise, Inc. was $3.00. If the company has 101,000 shares of its stock outstanding, what value is the market giving the company?
$309,000.00
$306,000.00
$303,000.00
$300,000.00
The market capitalization of ElectroSneeze, Inc. is $150,000, and it has 75,000 shares of its stock outstanding. How much should each share cost?
$2.00 per share
$2.20 per share
$2.40 per share
$2.60 per share
ZoomTechnology, Inc. has 264,000 shares outstanding. If today's closing price was $6.00 per share, what is the company's market capitalization?
$1,564,000
$1,574,000
$1,594,000
$1,584,000
The closing share price today for InterSneeze, Inc. was $7.00. If the company has 217,000 shares of its stock
outstanding, what value is the market giving the company?
$1,519,000
$1,518,000
$1,517,000
$1,516,000
The market capitalization of IntraWongle Corp. is $120,000, and it has 60,000 shares of its stock outstanding. How much should each share cost?
$2.00 per share
$2.20 per share
$2.40 per share
$2.50 per share
The closing share price today for OmniWare International was $4.00. If the company has 242,000 shares of its stock
outstanding, what value is the market giving the company?
$968,000
$978,000
$958,000
$948,000
ProtoTron, Inc. has 771,000 shares outstanding. If the market capitalization of the company is $6,168,000, how much does each share cost?
$8.00 per share
$8.25 per share
$8.30 per share
$8.10 per share
The market capitalization of Wonderview, Inc. is $372,000 at the company's most recent trade of $6.00 per share. How many shares of stock are outstanding?
62,000
62,500
64,000
62,000
Multiview, PLC has 47,000 shares outstanding. If today's closing price was $5.00 per share, what is the company's
market capitalization?
$225,000
$235,000
$245,000
$255,000
IntraTechnology Corporation has 80,000 shares outstanding. If the market capitalization of the company is $320,000, how much does each share cost?
$4.75 per share
$4.50 per share
$4.25 per share
$4.00 per share
The closing share price today for Alphawise, Inc. was $3.00. If the company has 101,000 shares of its stock outstanding, what value is the market giving the company?
$309,000.00
$306,000.00
$303,000.00
$300,000.00
The market capitalization of ElectroSneeze, Inc. is $150,000, and it has 75,000 shares of its stock outstanding. How much should each share cost?
$2.00 per share
$2.20 per share
$2.40 per share
$2.60 per share
ZoomTechnology, Inc. has 264,000 shares outstanding. If today's closing price was $6.00 per share, what is the company's market capitalization?
$1,564,000
$1,574,000
$1,594,000
$1,584,000
The closing share price today for InterSneeze, Inc. was $7.00. If the company has 217,000 shares of its stock
outstanding, what value is the market giving the company?
$1,519,000
$1,518,000
$1,517,000
$1,516,000
The market capitalization of IntraWongle Corp. is $120,000, and it has 60,000 shares of its stock outstanding. How much should each share cost?
$2.00 per share
$2.20 per share
$2.40 per share
$2.50 per share
The closing share price today for OmniWare International was $4.00. If the company has 242,000 shares of its stock
outstanding, what value is the market giving the company?
$968,000
$978,000
$958,000
$948,000
ProtoTron, Inc. has 771,000 shares outstanding. If the market capitalization of the company is $6,168,000, how much does each share cost?
$8.00 per share
$8.25 per share
$8.30 per share
$8.10 per share
The market capitalization of Wonderview, Inc. is $372,000 at the company's most recent trade of $6.00 per share. How many shares of stock are outstanding?
62,000
62,500
64,000
62,000
Multiview, PLC has 47,000 shares outstanding. If today's closing price was $5.00 per share, what is the company's
market capitalization?
$225,000
$235,000
$245,000
$255,000
The closing share price today for Finance EasyMoney, Inc. was $6.00. If the company has 713,000 shares of its stock
outstanding, what value is the market giving the company?
$4,278,000
$378,000
$6.00 per share
$225,000
Finance D, PLC has 54,000 shares outstanding. If today's closing price was $7.00 per share, what is the company's
market cap.?
$225,000
$4,278,000
$6.00 per share
$378,000
Finance Corp. has 93,000 shares outstanding. If the market cap. of the company is $558,000, how much does each share cost?
$3.00 per share
$4.00 per share
$6.00 per share
$5.00 per share
Finance Investment Bank has 45,000 shares outstanding. If today's closing price was $5.00 per share, what is the company's market cap.?
$125,000
$225,000
$425,000
$525,000
The market cap. of Finance Investment House is $186,000 at the company's most recent trade of $2.00 per share. How many shares of stock are outstanding?
4,278,000
378,000
93,000
225,000
