WorksheetsPersonal financial Literacy Vocabulary
Total questions: 28
Worksheet time: 9mins
Name
Class
Date
1.
generous gift of money or time to a person or organization
a)
Charitable Donation
b)
Transfer Payments
c)
Capital Gain
d)
Dividends
e)
Reconciliation
2.
same amount of money earned on a set interval basis, such as monthly or quarterly
a)
Fixed Income
b)
Charitable Donation
c)
Transfer Payments
d)
Capital Gain
e)
Wages
3.
amount of money earned is not the same each pay period
a)
Variable Income
b)
Fixed Income
c)
Charitable Donation
d)
Transfer Payments
e)
Salaries
4.
a bill, such as monthly rent, which is the same each month
a)
Fixed Expense
b)
Variable Income
c)
Fixed Income
d)
Charitable Donations
e)
Interest
5.
a bill, such as a utility bill, which is a different amount each month
a)
Variable Expense
b)
Fixed Expense
c)
Variable Income
d)
Fixed Income
e)
Rent
6.
money without a specific purpose left over each month after all bills have been paid
a)
Discretionary Expense
b)
Variable Expense
c)
Fixed Expense
d)
Variable Income
e)
Dividends
7.
amount of a paycheck one gets to keep after taxes and other deductions are taken out
a)
Take-home Pay
b)
Discretionary Expense
c)
Variable Expense
d)
Fixed Expense
e)
Capital Gain
8.
strong, usually irresistible, impulse to perform an act against a person's usual behavior
a)
Compulsive Behavior
b)
Take-home Pay
c)
Discretionary Expense
d)
Variable Expense
e)
Transfer Payments
9.
sudden, involuntary inclination prompting one to take an action which is not well thought out
a)
Impulse
b)
Compulsive Behavior
c)
Take-home Pay
d)
Discretionary Expense
e)
Charitable Donations
10.
schedule of recurrent times in any regular system of preparing or sending bills
a)
Billing Cycle
b)
Impulse
c)
Compulsive Behavior
d)
Take-home Pay
e)
Fixed Income
11.
(a business or institution) initiated or operated for the purpose of making a profit
a)
For-Profit
b)
Billing Cycle
c)
Impulse
d)
Compulsive Behavior
e)
Variable Income
12.
not established for the purpose of making a profit
a)
Nonprofit
b)
For-Profit
c)
Billing Cycle
d)
Impulse
e)
Fixed Expense
13.
cash withdrawn by using a debit card and entering a PIN in an ATM
a)
ATM Withdrawals
b)
Nonprofit
c)
For-Profit
d)
Billing Cycle
e)
Variable Expense
14.
log of deposits and withdrawals from a checking account
a)
Checkbook Register
b)
ATM Withdrawals
c)
Nonprofit
d)
For-Profit
e)
Discretionary Expense
15.
balance of an account on the day the bank runs the bank statement
a)
Closing Balance
b)
Checkbook Register
c)
ATM Withdrawals
d)
Nonprofit
e)
Take-home Pay
16.
money put into an account
a)
Deposit
b)
Closing Balance
c)
Checkbook Register
d)
ATM Withdrawals
e)
Compulsive Behavior
17.
acronym for electronic fund transfer; money transferred from one account to another without a person having to manually write a check or make a deposit
a)
EFT
b)
Deposit
c)
Closing Balance
d)
Checkbook Register
e)
Impulse
18.
specific listing of individual pieces or units of information
a)
Itemization
b)
EFT
c)
Deposit
d)
Closing Balance
e)
Billing Cycle
19.
(of a statement) balance of an account on a current month's statement which was used as the ending or closing balance in the previous month's statement
a)
Opening Balance
b)
Itemization
c)
EFT
d)
Deposit
e)
For-Profit
20.
moving money from an account, whether paying expenses, making transfers to other accounts, getting money from an ATM or making purchases
a)
Withdrawals
b)
Opening Balance
c)
Itemization
d)
EFT
e)
Nonprofit
21.
balance bookkeeping account information to be consistent with the bank's bookkeeping of the same account information
a)
Reconciliation
b)
Withdrawals
c)
Opening Balance
d)
Itemization
e)
ATM Withdrawals
22.
payment earned on a variable schedule of daily or weekly basis, money received for services or work preformed by the employee hourly
a)
Wages
b)
Reconciliation
c)
Withdrawals
d)
Opening Balance
e)
Checkbook Register
23.
payment earned on a fixed schedule of bi-weekly or monthly; money received for services or work preformed by an employee as an annual sum
a)
Salaries
b)
Wages
c)
Reconciliation
d)
Withdrawals
e)
Closing Balance
24.
money paid at a rate for the money which is being loaned out
a)
Interest
b)
Salaries
c)
Wages
d)
Reconciliation
e)
Deposit
25.
payment set by landlord for tenants use of property
a)
Rent
b)
Interest
c)
Salaries
d)
Wages
e)
EFT
26.
earnings paid to shareholders by a company from its profits
a)
Dividends
b)
Rent
c)
Interest
d)
Salaries
e)
Itemization
27.
profit made from investment
a)
Capital Gain
b)
Dividends
c)
Rent
d)
Interest
e)
Opening Balance
28.
one-way payment of money for which no service or good is exchnaged
a)
Transfer Payments
b)
Capital Gain
c)
Dividends
d)
Rent
e)
Withdrawals
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