Theme 6: Financial Literacy

Theme 6: Financial Literacy

7th Grade

19 Qs

quiz-placeholder

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Theme 6: Financial Literacy

Theme 6: Financial Literacy

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Brielle MS]

Used 142+ times

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19 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The air conditioning unit in your home breaks and you need to pay for a new one.  Unfortunately, you do not have the money to pay for the full cost of the air conditioner right now but you need to replace the item immediately.  Which form of payment should you use to cover the cost?

credit card

debit card

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of bank account is designed to have money deposited and withdrawn regularly and typically does not earn interest?

checking account

savings account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: A high credit score means a bank will be very willing to loan you money.

true

false

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Which of the following are examples of job skills?  SELECT ALL THAT APPLY.

good with technology

 job location is close to home

opportunity to get promoted (placed in a higher position with better pay)

able to speak multiple languages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of college degree takes the longest amount of time to achieve?

Associate’s Degree

Bachelor's Degree

Master's Degree

Doctorate/PhD

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or False: More education and/or training for a job usually results in more money or a higher salary for that job.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which vocab word means "money that you spend?"

Expense

Revenue

Profit

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