CF II Unit 4 Finance Vocabulary test

CF II Unit 4 Finance Vocabulary test

8th Grade

15 Qs

quiz-placeholder

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CF II Unit 4 Finance Vocabulary test

CF II Unit 4 Finance Vocabulary test

Assessment

Quiz

Other

8th Grade

Easy

Created by

Angel Jefferson-White

Used 15+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an asset?

A plan for spending and saving money

Any items of value that people own

A life-work chosen by a person

An arrangement to receive cash, goods, or services now and pay for them in the future

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a budget?

A plan for spending and saving money

Any items of value that people own

A life-work chosen by a person

An arrangement to receive cash, goods, or services now and pay for them in the future

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a career?

A plan for spending and saving money

Any items of value that people own

A life-work chosen by a person

An arrangement to receive cash, goods, or services now and pay for them in the future

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is credit?

A plan for spending and saving money

Any items of value that people own

A life-work chosen by a person

An arrangement to receive cash, goods, or services now and pay for them in the future

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a debit?

A plan for spending and saving money

Any items of value that people own

An amount recorded on the left side of an account

An arrangement to receive cash, goods, or services now and pay for them in the future

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are expenses?

A plan for spending and saving money

Any items of value that people own

Any money a person spends or gives away

An arrangement to receive cash, goods, or services now and pay for them in the future

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is income?

A plan for spending and saving money

Any items of value that people own

Money that a person receives

An arrangement to receive cash, goods, or services now and pay for them in the future

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