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Question Bank for Grade 6 Business

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

variable expense ​ ​ ​ ​ ​

a)

when the expense costs differnet amounts

b)

when you pay the bank every day

2.

fixed expense

a)

when the expenses costs the same

b)

the bank pays you intrest for taking your money

c)

president fines you

3.

philamthropy

a)

The act of giving money for charitable purposes

b)

Diversion of Resources

c)

Fraud

4.

charitable giving

a)

destrution of propoties

b)

to help others people by donating

5.

real investment

a)

stores money into phyiscal things

b)

in agreement or harmony.

c)

arrange according to a plan or system.

6.

Certificate of deposit (CD)

a)

a certificate issued by a bank to a person depositing money for a specified length of time.

b)

sign or give formal consent to

7.

Bond

a)

the investor lends money to companies for the goverment

b)

violent anger caused by the stress and frustration involved in driving a motor vehicle in difficult conditions.

8.

mutual fund

a)

an investment program funded by shareholders

b)

a political leader who seeks support by appealing to the desires and prejudices of ordinary people rather than by using rational argument.

9.

IRA account

a)

A long term savings account

b)

donating

10.

Roth IRA account

a)

an individual retirement account that offers tax-free growth and tax-free withdrawals in retirement

b)

The bank pays you intress