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3.1 Cengage

Authored by Kathryn Lopes

Mathematics

11th - 12th Grade

CCSS covered

Used 52+ times

3.1 Cengage
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When something is bought that is not paid for at the time of purchase.

Debit

Credit Rating

Credit

Credit Report

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organization or person who uses credit.

debtor

Earning power

Assets

credit.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organization or person who extends credit to debtors.

Assets

debtor.

credit.

creditor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person’s property or what is owned.

Assets

credit

Credit rating

Earning power

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person’s ability to earn money now and in the future.

Credit

Credit rating

Earning power

layaway plans

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A numerical value that indicates how well a user of credit meets financial obligations; these records are used by creditors when they decide to issue credit.

Credit rating

Credit

Credit Card

creditor

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organizations that compile records on users of credit as to how well they repay their debts.

Credit rating

Assets

Credit Card

credit reporting agency

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