WorksheetsFinancial literacy wk6
Total questions: 18
Worksheet time: 9mins
Financial institutions provide a variety of services to help people manage their money.
Which financial institutions are typically used for saving money or opening a checking account?
Credit union
Bank
Insurance company
Personal identifiable information (PII) is any information that can be used to identify or contact a specific person. It is important to be aware of PII and how to protect it.
Which of the following is an example of PII?
your phone lock code
Your favourite food
The make and model of your car
Your home address
You have a goal to save up for your first car, which costs $5000.You want to find an institution that will help you save your money and grow it over time so you can reach your goal faster.
Which type of financial institution can help you with this?
Bank
Insurance company
Lender
Financial markets are places where different types of things (like stocks, bonds, or commodities) are traded.
Which market offers short-term investments for trade?
Stock market
Money market
Stocks
Financial institutions provide a variety of services to help people manage their money.
Which financial institutions help people with investment planning?
Bank
Lender
Brokerage firm
Financial advisors
Which of the following could be a way that someone could steal your home address?
You use a secure website to make a purchase that requires your home address.
You fill out a job application that asks for your home address.
You are the victim of a data breach where your home address is stolen.
Protecting your personal identifiable information (PII) is important for preventing identity theft. There are many ways you can protect your PII, but it's important to know what steps you should take.
What is a good way to safeguard your PII on the internet?
write down all your passwords on a piece of paper and always carry it with you
create strong, distinct passwords for each account
use one password for all your online accounts
What is the primary purpose of securing your PII (personal identifiable information)?
to defend against malware
to ensure online privacy
to reduce junk emails
to avoid identity theft
Which of the following could be a way that someone could steal your drivers license number?
You renewed your drivers license online using a state website.
Your wallet was stolen.
You used your drivers license number as an ID to pick up your medicine and the pharmacist scanned it.
Personal identifiable information (PII) is any information that can be used to identify or contact a specific person. It is important to be aware of PII and how to protect it.
Which of the following is an example of PII?
your most-liked TV show
your phone number
your phone unlock pattern
your favorite animal
In addition to digital personal information, it's important to protect physical copies of your personal documents as well.
Which of the following actions can help keep your physical documents and personal information safe?
carrying important documents like Social Security card with you at all times
keeping important documents in a secure location, like a locked cabinet at home
making multiple copies of important documents in case you lose them
Check cashing scams often involve fake checks and electronic payments.
Which of the following is an example of a check cashing scam?
receiving a check for sweepstakes you won, asking you to cover the cost of taxes and processing
receiving a check after selling a product online
receiving a check as a birthday gift from a relative
Phishing scams are tricky because they try to fool you into giving away your personal information.
Which of the following is an example of a phishing scam?
a text message from a number you don't recognize, saying you won a gift card and need to click a link to claim it
an email from your favorite online store offering a big sale on clothes
B
an email from your favorite online store offering a big sale on clothes
a flyer in your mailbox advertising a local pizza place's special online order deal
It's important to be aware of potential scams when it comes to home renovation projects.
Which of the following is an example of a home renovation scam?
a contractor asking that you purchase materials before they start work
a contractor offering a steep discount if paid in cash upfront
a contractor asking for your email to send you a detailed estimate
Check cashing scams often involve fake checks and electronic payments.
Which of the following is an example of a check cashing scam?
receiving a check after winning a contest you entered, asking you to deposit within
180days
receiving a check as a birthday gift from a relative, but asking that you give half to your sibling
Check cashing scams often involve fake checks and electronic payments.
Which of the following is an example of a check cashing scam?
being asked to cash a check for someone you don't know, keep
$20 and send the rest back
Phishing scams are attempts by scammers to trick you into giving out personal information.
Which of the following is an example of a phishing scam?
getting a text message from your bank asking you to confirm your account number and password
signing up for a social media account
receiving an email from your favorite online store with a link for a special sale
Check cashing scams often involve fake checks and electronic payments.
Which of the following is an example of a check cashing scam?
cashing a check from your bank after closing a savings account
getting a check from a company as payment for a freelance job you completed
a person bought an item you are selling online, accidentally sent you too much money, and is asking for refund of the overpayment
Which of the following is a way that someone could steal your social security number?
Your utility company calls you and asks you to verify your account using your social security number.
You give your social security number to a government agency.
You fill out a job application that asks for your social security number.
