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Financial Literacy

Authored by Jenna Ulvang

Mathematics

6th - 8th Grade

Used 1+ times

Financial Literacy
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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A useful method used for calculating costs versus expenses is a...

Spreadsheet

Budget

Cost Chart

Bank Statement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In financial literacy, interest is...

Something that interests you

An unexpected expense

An amount of money charged for borrowing money or taking out a loan

Another word for income tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a "NEED" to budget for is...

Hydro Electricity

Air Jordans

A Vacation

Dinner at a fancy restaurant

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Income tax is...

Something that only exists in the United States

Money that parents/guardians pay for each child they have

Extra money added to a paycheck each month

Money deducted from each paycheck by the government

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Different currencies around the world...

Have different and varying values from Canadian currency

Often equal Canadian currency

Always stay the same value

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money earned or received

Expenses
Income
Deductions
Check

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax on the value of a house, building or land

Sales Tax
Property tax
Income Tax

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