Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Financial Literacy

Total questions: 35

Worksheet time: 22mins

Name
Class
Date
1.
What is the value of these coins?
a)
31¢
b)
27¢
c)
75¢
d)
37¢
2.

I have 1 five-dollar bill, 2 one-dollar bills, 2 quarters, 3 dimes, 3 nickels, and 3 pennies. How much money do I have in all?

a)

$7.98

b)

$7.93

c)

$7.83

d)

$7.89

3.
When you earn money from the bank on what you save it is called
a)

Fund

b)

Interest

c)

Income

4.
How do you find out how much profit or loss a business has made? 
a)

Expenses - Income Profit or Loss

b)

Profit - capital Resources = Profit or Loss 

c)

Income - Expenses= Profit or Loss

d)

Budget - Spent Money = Income 

5.
What is the value of these coins?
a)
50¢
b)
36¢
c)
27¢
d)
48¢
6.
Saving some money in the bank and having money for needs is...
a)

Not responsible

b)

Irresponsible 

c)

Financially Responsible 

d)

Income 

7.
Income is...
a)

Money received, especially on a regular basis, for work or through investment

b)

The cost required for something

c)

Mandatory payment

8.
Profit is....
a)

Money left over after paying expenses

b)

Making less money than you spend on expenses

c)

Money you make for working 

9.

Alexis has 2 quarters, 2 dimes, and 3 nickels. How much does she have?

a)

73 cents

b)

33 cents

c)

85 cents

d)

75 cents

10.
What coins would you use to make $0.84?
a)
2 quarters, 2 dimes, and 1 nickel
b)
3 quarters and 1 dime
c)
3 quarters, 1 nickel, 4 pennies
11.

125¢

How do I write the dollar amount?

a)

$125

b)

$1.25

c)

$12.50

12.
The actual cost of a paint set is $7.24.  What is the price of the paint set rounded to the nearest dollar?  
a)
 $7.00
b)
$7.50
c)
$8.00
d)
$6.50
13.
Which equation correctly compares the amount of money in each girl’s purse?
a)
Krista’s money > Jenny’s money
b)
Krista’s money < Jenny’s money
c)
Jenny’s money > Krista’s money 
14.
Kelsey has two treasure boxes with some money in them. Which box contains $2.36?
a)

Box A contains $2.36

b)

Box A contains  $2.36

c)

Neither box has $2.36

d)

Both A and B contain $2.36

15.

What are expenses?

a)

Money spent on materials or bills

b)

Money earned

c)

Money you get to keep

16.

A written order that instructs a bank or financial institution to transfer funds from the account of the person who signs the check to the account of the person who receives the check

a)
Check
b)
Telephone Call
c)
Text
d)
Email
17.
This allows you to withdraw cash from your account or make payments electronically.
a)
Debit Card
b)
Loan Account
c)
Signature Card
d)

Credit Card

18.
The action enters money into an account.
a)
Deposit
b)
Withdrawal
c)
Loan
d)
Deduction
19.

Whose face is on the $5 bill?

a)

Thomas Jefferson

b)

Abraham Lincoln

c)

Franklin D. Roosevelt

d)

John F. Kennedy

20.

A government fee added to the cost of goods and services

(a)  

21.
If there is a huge demand for an item and the supply is very low, what will happen to the price?
a)
The price will decrease
b)
The price will increase
c)

The price will stay the same

d)

Items will be free

22.
What are needs? 
a)

Something that is unnecessary

b)
Something that people would like to have
c)

Something you require because it is essential or very important

d)

Something you want, covet, or desire

23.
What are wants?
a)

Something that is necessary

b)

Something you must have to live

c)

Something you loathe

d)

Something you would like, wish for, or covet

24.

When money is taken out of a checking account it decreases the account balance and is called a:

a)

Withdrawal

b)

Deposit

25.
A plan for spending
a)

Income

b)

Expenses

c)

Sales tax

d)

Budget

26.

Whose face is on the nickel?

a)

Lyndon B. Johnson

b)

Ulysses S. Grant

c)

James Madison

d)

Thomas Jefferson

27.
Preparing a budget includes
a)
Income, Expenses, Saving
b)
Only listing your expenses
c)
Only listing your debts
d)
Only listing your income
28.
If Sammy’s expenses are greater than his income, what must he do to balance his budget?
a)
Earn more money
b)
Spend less money on expenses
c)
Earn more money AND spend less
d)
None of the above
29.
What is the value of these coins?
a)
31¢
b)

37¢

30.

How many of these are in a dollar?

a)

100

b)

20

c)

10

d)

4

31.

Whose face appears on the $1 bill?

a)

George Washington

b)

Abraham Lincoln

c)

Thomas Jefferson

d)

Andrew Jackson

32.

As a young person, saving for your retirement is an example of a ________________ goal.

a)

Short-term

b)

Medium-term

c)

value-added

d)

Long-term

33.

How many dimes are there in $2.00?

(a)  

34.

If you save $0.50 every day, how much money will you have saved after 10 days?

a)

$5.00

b)

$4.50

c)

$5.50

d)

$6.00

35.

Who appears on the dime?

a)

William McKinley

b)

Franklin D. Roosevelt

c)

Donald Trump

d)

Benjamin Franklin

Similar Resources on Wayground

ASESMEN DIAGNOSTIK P5 KEWIRAUSAHAAN

33 questions

ASESMEN DIAGNOSTIK P5 KEWIRAUSAHAAN

quiz

Worksheet

•

7th Grade

Unit 4- Employability Skills

30 questions

Unit 4- Employability Skills

quiz

Worksheet

•

6th - 8th Grade

ARC Babysitting Certification Test Review

30 questions

ARC Babysitting Certification Test Review

quiz

Worksheet

•

6th - 8th Grade

Kerajinan Bahan Lunak Buatan

30 questions

Kerajinan Bahan Lunak Buatan

quiz

Worksheet

•

8th Grade

Comparing and Ordering Integers

30 questions

Comparing and Ordering Integers

quiz

Worksheet

•

6th - 9th Grade

Career/Professional Image Unit Test

31 questions

Career/Professional Image Unit Test

quiz

Worksheet

•

8th - 12th Grade

CCA -Careers

40 questions

CCA -Careers

quiz

Worksheet

•

7th Grade