Financial Literacy Vocabulary

Financial Literacy Vocabulary

Assessment

Quiz

Life Skills

6th - 8th Grade

Medium

CCSS
RI.5.10, 7.NS.A.1A, 6.NS.C.5

+11

Standards-aligned

Created by

Wendy Williams

Used 127+ times

FREE Resource

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A record or statement of financial expenditures or receipts, often related to a bank or credit union.

Accounts

Balance

Budget

Cash

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount available or owed on an account.

Accounts

Balance

Budget

Cash

Tags

CCSS.6.NS.C.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deciding how to spend your money before you actually spend it.

Account

Balance

Budget

Cash

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The physical form of money, such as coins or paper money.

Balance

Budget

Cash

Copay

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A bank account that allows quick access to money for everyday expenses.

Checking Account

Savings Account

Debit Card

Credit Card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The time it takes for money to move from one account to another (e.g. from checking to cash, or from one checking account to another).

Overhauling

Over ride

Clearing

Balance out

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount you pay to a healthcare provider before your insurance takes the claim, usually paid before you receive a service.

Receipt

Medical Statement

Doctor Check

Copay

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