MSCS Personal Finance Pre-Test

MSCS Personal Finance Pre-Test

12th Grade

40 Qs

quiz-placeholder

Similar activities

Financial Algebra Vocabulary #1 (Budgeting, Credit, & Insurance)

Financial Algebra Vocabulary #1 (Budgeting, Credit, & Insurance)

12th Grade

42 Qs

FINANCIAL LITERACY CHALLENGE

FINANCIAL LITERACY CHALLENGE

5th - 12th Grade

40 Qs

Managing Your Money Vocab

Managing Your Money Vocab

KG - University

44 Qs

Financial Math B: Federal Income Tax 3.0

Financial Math B: Federal Income Tax 3.0

9th - 12th Grade

37 Qs

Unit 1 Test Review Finance - Money

Unit 1 Test Review Finance - Money

9th - 12th Grade

39 Qs

Personal Finances Vocab Quiz

Personal Finances Vocab Quiz

9th - 12th Grade

45 Qs

paycheck

paycheck

9th - 12th Grade

40 Qs

Filing Taxes Unit

Filing Taxes Unit

9th - 12th Grade

35 Qs

MSCS Personal Finance Pre-Test

MSCS Personal Finance Pre-Test

Assessment

Quiz

Mathematics

12th Grade

Medium

CCSS
HSA.CED.A.3, HSA.SSE.A.1, HSS.ID.B.6

+4

Standards-aligned

Created by

Antoinette Norris Woodson

Used 1+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What is the primary purpose of debits and credits in personal finances?

To track income and expenses

To calculate tax deductions

To calculate savings and investments

To determine net worth

2.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which of the following is an example of a debit in a personal budget?

A paycheck deposit

A credit card payment

A utility bill payment

A savings account interest payment

3.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What would be an example of a credit in personal finances?

Mortgage payment

Loan repayment

Bonus check from work

Rent payment

4.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which of the following is NOT a skill related to personal budgeting?

Understanding income and expenses

Creating a savings plan

Setting financial goals

Ignoring monthly bills

5.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

How does salary typically correlate with education level?

Higher education often leads to higher salaries

Education level does not impact salary

Higher salaries require more job experience, not education

Lower salaries are usually earned by those with higher education

Tags

CCSS.HSS.ID.B.6

CCSS.HSS.ID.C.8

6.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

Which of the following is an important component of a personal budget?

Ignoring savings

Including all monthly expenses

Estimating income by rounding

Excluding taxes

7.

MULTIPLE CHOICE QUESTION

30 sec • 4 pts

What is the first step in creating a personal budget?

Start saving for emergencies

Track monthly income and expenses

Set financial goals

Spend freely to determine available funds

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?