Financial Literacy

Financial Literacy

6th - 8th Grade

25 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

Computers, Professional Development, Other

6th - 8th Grade

Hard

Used 8+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
A budget is...
The same thing as a savings account.
A sum of money to be used for a particular purpose.
A list of things you want.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
A debit card is...
Like a credit card, but it takes money directly from your bank account.
A card that lets you buy goods and services based on a promise to pay later.
A card which you may only make online purchases with.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
A credit card is...
A card that lets you buy goods and services based on a promise to pay later.
A card that charges monthly interest if the balance is not paid in full.
Both answers A and B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
A checking account is...
A sum of money to be used for a particular purpose.
A share in a corporation that gives you a stake in the company and its profits.
A bank account where the depositor can write checks.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
A savings account is...
A bank account where money is stored and returns a low interest rate.
The same thing as a checking account.
A bank account that allows you to borrow money at a rate of interest. 

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
Blank is a check that is dishonored because of insufficient funds.
Overdraft
Statement
Cleared Check
Bad Check 

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image
Blank is a check that has been honored and processed.
Overdraft
Statement
Cleared Check

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