Financial Terms Quiz

Which term refers to the total amount of money available after all expenses are paid?

• Liabilities

• Disposable

• Garnishment

• Equity

Which word describes the financial worth of an individual or entity?

• Net Worth

• Expense

• Mortgage

• Statement

What is the term for the amount of money borrowed from a lender?

• Mortgage

• Budget

• Cash Flow

• Liabilities

Which word refers to the financial plan for a defined period?

• Plan

• Budget

• Statement

• Needs

What is the term for the money that is owed or due?

• Liabilities

• Assets

• Equity

• Income

What is the term for the financial gain received from employment?

• Benefits

• Wages

• Salary

• Commission

What is the term for the difference between assets and liabilities?

• Equity

• Net Worth

• Balance

• Capital

What is one of the actions taken during the "ENTRY" phase?

• We have a seating plan

• We greet students on entry

• We provide a summary of learning

• We follow up on behaviors

What is one of the actions taken during the "ENTRY" phase?

• We have a seating plan

• We line students up, on time

• We provide a summary of learning

• We follow up on behaviors

What is ensured for students during the "ENTRY" phase?

• They have resources and are prepared for learning

• They are dismissed in an orderly fashion

• They are quiet before instructions

• They follow up on behaviors