FINANCE

FINANCE

6th - 8th Grade

21 Qs

quiz-placeholder

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FINANCE

FINANCE

Assessment

Quiz

Business

6th - 8th Grade

Practice Problem

Hard

Created by

Caheem Broadus

Used 10+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trinity has a plastic card that she can only use to withdraw money directly from her checking account. She cannot use this card to make purchases, what is she using?

ATM Card

Check

Debit Card

Credit Card

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of insurance policy allows the buyer to pay a set amount monthly to gain a steady stream of income?

Business Insurance

Annuity Insurance

Life Insurance

Health Insurance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following affects how the stock market behaves?

Investment Portfolio Performance

Supply & demand

Interest Rates

Personal Financial Gain

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the biggest factor that affects someone's credit?

Amount of debt

Age of accounts

Payment history

Number of accounts

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A financial intermediary is an entity that acts as an ---------------- in a financial transaction.

Investor

Investigator

Middleman

Merchant

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Insurance is the way a person or business is protected from:

Losing value

Losing Interest

Losing money

Losing investments

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who guarantees currency?

The FDIC

The person who holds the money

The country of issue

The financial institution that issued the money

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