JROTC Final Periods 3, 4, 6, 7,

JROTC Final Periods 3, 4, 6, 7,

100 Qs

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JROTC Final Periods 3, 4, 6, 7,

JROTC Final Periods 3, 4, 6, 7,

Assessment

Quiz

others

Hard

Created by

LAWRENCE DEGRANGE

FREE Resource

100 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your budget is a detailed summary of expected _________ and ____________ during a given period.
income and expenses
liquidity and expenses
liquidity and assets
assets and expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a need.
Television
Smart Watch
Basic Meals
Baseball Cards

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your goal should be for your income to be __________, not just equal to, your expenses.
less than
double
separate
greater than

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of savings accounts?
They pay interest
They will ensure you retire comfortably
They cannot be touched until you reach your goal
They are a high risk investment with a potential for large growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liquidity is something of value that you own.
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A charge on borrowed money.
Interest
Insurance
Income
Investment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

which of the following is an intangible asset?
Your car
Your health
Stocks
Baseball cards

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