Financial Literacy Assessments 1st 50 Q's

Financial Literacy Assessments 1st 50 Q's

12th Grade

50 Qs

quiz-placeholder

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Financial Literacy Assessments 1st 50 Q's

Financial Literacy Assessments 1st 50 Q's

Assessment

Quiz

Business

12th Grade

Medium

Created by

MARIA SUSANNE SMITH

Used 1+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the most well-known vehicle valuation company according to the segment?

CarMax

Consumer Reports

CarFax

Kelly Blue Book

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Invoice price is sometimes also referred to as which of the following?

True Market Value

Dealer Cost

Sticker Price

Out-the-Door Price

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an advantage of buying from a private seller as opposed to a dealership as discussed in the segment?

Less hassle

Increased ability to negotiate

Lower starting prices

Less pressure

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the segment recommend checking for possible fluid leaks when examining a car?

Walk around the car

Look under the car

Rev the engine when parked

Test-drive the car

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT recommended when test-driving a vehicle?

Drive over bumps

Test the brakes

Listen to the radio

Drive on the highway

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the segment, your total automotive expenses should NOT exceed what percentage of your take-home pay?

10 percent

20 percent

30 percent

40 percent

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of auto insurance is required by law in most states?

Liability

Collision

Comprehensive

Personal injury

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