Finance Career Cluster

Finance Career Cluster

7th - 8th Grade

23 Qs

quiz-placeholder

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Finance Career Cluster

Finance Career Cluster

Assessment

Quiz

Other

7th - 8th Grade

Medium

Created by

Patrick Finnegan

Used 31+ times

FREE Resource

23 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

Fixed cost are the costs that a business has to pay on a regular basis, like every month.

a. True

b. False

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

_____ Costs are for things that a business may need sometimes, but not always.

a. Variable

b. Fixed

c. One-time

d. Never

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which of the following is NOT a source of income for a business?

a. Product Sales

b. Investments

c. Savings

d. Debt

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which of the following is NOT an example of a fixed cost for a business?

a. Rent

b. Internet Access

d. Employee Salaries

d. Computer Repair

5.

MULTIPLE SELECT QUESTION

15 mins • 1 pt

To find out if a company is profitable, subtract the company's expenses from the company's income.

a. True

b. False

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

______ costs are those that a business may need sometimes, but not always.

a. Variable

b. Fixed

c. One-time

d. Never

7.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

______ is extra money paid to you for letting the bank hold your money in an account.

a. Interest

b. Withdrawal

c. ATM

d. Deposit

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