Financial Literacy Quiz

Financial Literacy Quiz

10th Grade

36 Qs

quiz-placeholder

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Financial Literacy Quiz

Financial Literacy Quiz

Assessment

Quiz

Business

10th Grade

Hard

Created by

Amy Whitlatch

Used 1+ times

FREE Resource

36 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you do with your financial goals annually?

Ignore them

Develop and revise them

Spend them

Calculate them

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often should you develop a spending plan and cash-flow statement?

Annually

Weekly

Monthly

Daily

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you track and calculate annually to assess your financial progress?

Expenses

Income

Net worth and financial ratios

Savings

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of developing and implementing a coordinated series of financial plans called?

Budgeting

Financial Planning

Accounting

Auditing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT included in financial planning?

Plans for spending

Plans for risk management

Plans for capital accumulation

Plans for marketing strategies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does financial planning include?

Plans for spending, risk management, and capital accumulation

Plans for spending, marketing, and capital accumulation

Plans for risk management, marketing, and capital accumulation

Plans for spending, marketing, and risk management

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT listed as an input in the financial planning process according to Figure 3-1?

Values

Advertising

Needs

Human resources

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