Monitoring financial accounts and reading bank statements on a regular basis can help detect activities associated with
Personal Finance Review

Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium

Megan DeLena
Used 27+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Personal hijacking
Property infringement
Identity theft
security fraud
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The process of matching your checkbook register with the bank statement is called
journaling
reconciing
totaling
depositing
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The equation for computing your statement of financial position is
Net Worth = Assets - liabilities
Net worth = Assets + Liabilities
Assets - liabilities - Net Worth
Net Worth - Assets = Liabilities
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is NOT considered a need?
Shelter
A car
Shoes
Medical Care
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is NOT something that influences your personal values?
Family
Experiences
Beliefs
Financial Status
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An example of a fixed expense is
Rent
car maintenance
grocery expenditures
the electric bill
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
An example of an occasional expense is
Buying gas for your car
Getting an oil change for your car
receiving cash from your grandma for Christmas
paying your parents each month for car insurance
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