Financial Literacy Vocabulary 1

Financial Literacy Vocabulary 1

9th Grade

12 Qs

quiz-placeholder

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Financial Literacy Vocabulary 1

Financial Literacy Vocabulary 1

Assessment

Quiz

Education

9th Grade

Medium

Created by

Maria Navas Pinto

Used 9+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A systematic plan for the spending of a usually fixed resource, such as money or time, during a given period.

direct deposit

savings account

budget

gross amount

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A formal banking relationship established to provide for depositing or withdrawing money.

direct deposit

bank account

interest

withholding tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Bank account used for payments via debit card, electronic withdrawal (ex. Zelle or Venmo), or written checks.

savings account

income

gross amount

checking account

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A plastic card from a bank or other institution authorizing the purchase of goods on credit.

income

credit card

tax return

bank account

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

An agreement between a company and a bank which allows an employee’s paycheck to be deposited directly into his or her bank account.

bank account

credit card

withholding tax

direct deposit

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Total income or profit before deductions.

interest

gross amount

budget

bank account

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Amount left over after all deductions are taken out.

savings account

net amount

income

checking account

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