Lesson 14 Quiz

Lesson 14 Quiz

10th Grade

15 Qs

quiz-placeholder

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Lesson 14 Quiz

Lesson 14 Quiz

Assessment

Quiz

Mathematics

10th Grade

Hard

CCSS
HSA.CED.A.1, HSA.CED.A.3, HSS.MD.B.5

+3

Standards-aligned

Created by

Tiffany Kondracki

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a financial plan?

A short-term budget for daily expenses

A comprehensive statement of long-term objectives for security and well-being

A list of monthly bills

A record of past financial transactions

Tags

CCSS.HSA.CED.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a financial plan include?

A list of favorite movies

A detailed savings and investing strategy

A schedule of daily meals

A plan for weekend activities

Tags

CCSS.HSS.MD.B.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of preparing financial statements in financial planning?

To increase expenses

To understand your financial position

To avoid taxes

To spend more money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main focus of the balance sheet?

Revenue and expenses

Assets and liabilities

Cash inflows and outflows

Tax obligations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of financial planning?

To spend all your money

To understand and improve your financial position

To avoid financial statements

To increase liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the benefit of understanding your financial position?

To increase spending

To make informed financial decisions

To avoid budgeting

To ignore savings

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.2

CCSS.HSA.REI.C.6

CCSS.HSA.SSE.A.1

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial statement provides a snapshot of financial health at a specific point in time?

Income statement

Balance sheet

Cash flow statement

Tax return

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