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Managing Your Money Quiz

Authored by Alecia Kenney

Life Skills

9th Grade

Used 4+ times

Managing Your Money Quiz
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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

______________, in a savings account, is calculated as a percentage of what you have saved.

Penalty

A fine

Interest

Tax

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A budget is an estimate of income for a set period of time.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When budgeting, large expenses should be __________________.

taken from one paycheck

divided between two paychecks

divided equally between all paychecks

paid as they come up

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Many banks will require a minimum deposit of ____to ______to open an account.

$50, $100

$100, $1,000

$25, $50

$0, $100

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a "need"?

Something you do not need to survive.

Something that is important for you to have.

Something that is necessary for you to survive.

Something you would like to have.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An advertisement saying another business has bad service can be an example of what type of deceptive advertising?

Deceptive comparison

Deceptive pricing

Deceptive description

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these are a want?

Money

Housing

Food

TV

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