Financial Literacy Vocabulary
6th Grade
•26 Qs
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Financial Literacy Vocabulary
Quiz
•
Mathematics
•
6th Grade
•
Medium
+18
Standards-aligned
Amanda Devlin
Used 18+ times
FREE Resource
26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for the amount of money that a financial institution allows a client to borrow?
Credit report
Credit limit
Debit card
Savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a scholarship?
A type of loan that must be repaid with interest
Money to help a student pay for their education
A fee charged for banking services
A document detailing financial history
Tags
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.3.4D
CCSS.L.9-10.4C
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the term savings refer to?
Money borrowed from a bank
Money placed in a bank account that is not intended to be spent immediately
A report of one's credit history
A fixed charge for a service
Tags
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.5.10
CCSS.RI.4.10
CCSS.RI.8.4
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a flat rate?
A variable interest rate
A charge that varies depending on the amount of money borrowed
A charge that is the same in all cases
The cost of purchasing an item on credit
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit report?
A list of all the degrees a person has earned
A summary of a person's savings and checking accounts
A document that provides detailed information about all debts and financial history
A record of a person's credit card transactions
Tags
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.5.10
CCSS.RI.4.10
CCSS.RI.8.4
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term represents all education that takes place after high school
post-secondary education
vocational training
high school diploma
associate's degree
Tags
CCSS.RI.6.4
CCSS.RI.7.4
CCSS.RI.5.10
CCSS.RI.4.10
CCSS.RI.8.4
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Training that emphasizes skills and knowledge required for a particular job function is called what?
post-secondary education
work
vocational training
drivers education
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