JA Finance Park Review - Income and Debit and Credit
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KG - University
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25 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The total amount of earnings made over a one-year period after all deductions have been taken is known as:
Gross annual income
Gross monthly income
Net annual income
Net monthly income
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Savings accounts are considered high risk!
True
False
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Investing in Stocks are considered high risk.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is TRUE about Credit Unions?
same as commerical banks
for profit
owned by members
largest depositories
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Most checking accounts do not pay interest.
true
false
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money deposited in a savings tool has the opportunity to earn what?
fees
interest
free groceries
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Opportunity Costs are
what we give up for something else
how much something costs
What we pay for an opportunity to do something
How much we charge for an opportunity
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