Unit 13 Personal Finance

Unit 13 Personal Finance

8th Grade

20 Qs

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Unit 13 Personal Finance

Unit 13 Personal Finance

Assessment

Quiz

Social Studies

8th Grade

Practice Problem

Medium

Created by

Jacquelyn Felder

Used 37+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is NOT an example of money? (E3a/DOK1)

Debit Card

Credit Card

Check

Currency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term refers to the money earned by individuals for products made or services provided? (E3a/DOK1)

savings

budget

income

investment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is NOT an example of income? (E3a/DOK2)

payment for completion of contract work

monthly salary

taxes collected on lottery winnings’

earnings from babysitting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What term refers to a plan for one's spending and saving goals? (E3b/DOK1)

income

budget

savings

investment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the BEST reason to make a budget? (E3b/DOK3)

to list one's home for sale

to earn high stock dividends

to go into debt regularly

to ensure that one's bills are paid on time

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first step in creating a budget is __. (E3b/DOK2)

Cutting back on expenses.

Listing all of your expenses.

Getting a bank account.

Knowing what your income is.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would BEST help people manage their money? (E3b/DOK2)

Get a high-paying job

Create a personal budget

Avoid paying their bills

Put money in a savings account

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