wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Financials Review

Total questions: 25

Worksheet time: 23mins

Name
Class
Date
1.

What is Budgeting?

a)
Creating a plan to spend money
b)
Borrowing money from friends
c)
Investing money in stocks
d)
Spending money without a plan
2.

What is a Balance Sheet?

a)
A report that details the company's marketing strategies
b)
A document that lists the salaries of all employees in a company
c)
A summary of the company's customer feedback
d)
A financial statement that shows a company's financial position at a specific point in time, including its assets, liabilities, and shareholders' equity.
3.

Who is an Investor?

a)
A professional athlete
b)
A kindergarten teacher
c)
A person or entity that allocates capital with the expectation of a future financial return.
d)
A chef at a restaurant
4.

Who is a Partner?

a)
A person associated with another in a business or personal relationship
b)

Someone who dislikes investing and keeps their money to themselves

c)

A type of person who only invests in small businesses

d)

A type of government official

5.

Who is an Angel Investor?

a)
An individual who provides financial backing for small startups or entrepreneurs.
b)
A government official who funds small businesses
c)
A professional athlete who invests in new businesses
d)

A type of person who likes pizza

6.

Who is a Sponsor in a business?

a)
A legal document that outlines the terms of a business partnership
b)
A type of advertising strategy used in marketing
c)
An individual or organization that provides financial or other support for a project or activity.
d)
A person who manages the day-to-day operations of a business
7.

Examples of some Sponsors

a)
Apple, Google, Amazon
b)
Ford, Toyota, Honda
c)

Arnel, Ethan, Luke, and JJ

d)
Nike, Coca-Cola, Adidas, Pepsi, McDonald's
8.

Who is a low-risk Investor?

a)
Someone who enjoys taking high risks in their investments
b)
Someone who has no knowledge of the stock market
c)
Someone who only invests in speculative assets like cryptocurrencies
d)
Someone who prefers to invest in low-risk assets such as bonds, treasury bills, or blue-chip stocks.
9.

What is a Sponsorship?

a)

A type of HVA classroom

b)

Something that you can buy at the supermarket

c)

Something only found in this the United States

d)
A form of support or partnership where a company or individual provides resources or funding for an event, organization, or individual in exchange for promotional benefits.
10.

Draw an example of a partnership between two organizations.

11.

What is one way you could budget?

a)
Spend money without keeping track of expenses
b)
Put all income into one account and spend as needed
c)
Never check bank statements or credit card bills
d)
Track expenses and income, allocate specific amounts for different categories
12.

What does Budgeting help you accomplish?

a)
Increase debt and financial instability
b)

It can reveal spending habits allowing you to improve them

c)
Have less control over your finances
d)
Achieve financial goals and manage money effectively
13.

What two organizations sponsored this years Superbowl?

a)

Pepsico

b)

Amazon

c)

JJ Inc.

d)

Fortnite

14-16.

Budgeting and Finances

Learning how to budget and manage your finances is an important skill to have. It involves creating a plan for how you will spend your money and making sure you stick to it. By budgeting, you can avoid overspending and save money for the things that are important to you.

One key aspect of budgeting is tracking your expenses. This means keeping a record of everything you spend money on, from groceries to entertainment. By doing this, you can see where your money is going and identify areas where you can cut back.

Another important part of managing your finances is setting financial goals. Whether it's saving for a new computer or planning for college, having clear goals can help you stay motivated and focused on your budgeting efforts.

14.

Why is learning how to budget and manage your finances important?

a)

To improve your credit score

b)

To increase your debt

c)

To spend more money

d)

To save for the future

15.

How can budgeting help you manage your finances?

a)

By avoiding overspending and saving money for important things

b)

By spending money on unnecessary items

c)

By not keeping track of expenses

d)

By borrowing money for everything

16.

What is one key aspect of budgeting?

a)

Saving money

b)

Tracking expenses

c)

Investing in stocks

d)

Paying off debt

17.

Draw an example of how a Balance Sheet would look like.

18.

A document preparing a business's future objectives and goals for achieving them.

4 lines
19.

What is Cash Flow?

a)
Cash flow is the movement of water in a river
b)
Cash flow is the movement of air in the atmosphere
c)
Cash flow is the movement of cars on a highway
d)
Cash flow is the movement of money into and out of a business.
20.

What is an asset?

a)
A form of currency
b)
A liability with economic value
c)
A resource with economic value
d)
A non-essential item
21.

What is a liability?

a)
An asset that a company owns
b)
A financial obligation or debt that a company owes to others.
c)
A type of insurance for a company
d)
A source of income for a company
22.

What are fixed expenses?

a)
Expenses that are only paid once a year
b)
Random, unpredictable costs that change every month
c)
Costs that vary depending on the season
d)
Regular, predictable costs that remain constant each month
23.

What is a long-term investor?

a)
Someone who buys and sells stocks frequently within a short period of time
b)
A person who only invests in high-risk assets
c)
Someone who holds onto their investments for an extended period, typically five years or more, with the expectation that the value of the investment will increase over time.
d)
An individual who never invests in the stock market
24.

What bank can invest into your business?

a)
Food banks
b)
River banks
c)
Memory banks
d)
Commercial banks
25.

What are ways you can purchase items?

a)

Cash

b)

Check

c)

Credit Card

d)

Debit Card

e)

All of the above

26.

A percentage of a borrowed sum of money that must be paid in addition to the repayment of the loan itself

a)

Interest

b)

Loan

c)

Savings

d)

Expenses

27.

What two things does a budget compare?

a)

Income and Investments

b)

Savings and Interest

c)

Income and Expenses

Similar Resources on Wayground

Exploring Physical Education and Sports

30 questions

Exploring Physical Education and Sports

quiz

Worksheet

•

6th Grade

Unit 6 Test: Financial Literacy

25 questions

Unit 6 Test: Financial Literacy

quiz

Worksheet

•

6th - 8th Grade

Financial Literacy KS Quiz

26 questions

Financial Literacy KS Quiz

quiz

Worksheet

•

6th - 8th Grade

Se liga 1 Trim

32 questions

Se liga 1 Trim

quiz

Worksheet

•

2nd - 8th Grade

Math in Personal Finance Review

30 questions

Math in Personal Finance Review

quiz

Worksheet

•

6th - 9th Grade

Perfil do investidor

25 questions

Perfil do investidor

quiz

Worksheet

•

6th Grade

(MS) Personal Finance -Investing

25 questions

(MS) Personal Finance -Investing

quiz

Worksheet

•

6th - 8th Grade

Quiz de Educação Financeira

30 questions

Quiz de Educação Financeira

quiz

Worksheet

•

6th Grade