Financial Literacy

Financial Literacy

Assessment

Assessment

Created by

Cathie Smith

5th Grade

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16 questions

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1.

Multiple Choice

1 min

1 pt

Which one of the following are financial institutions?

bank and credit union

library and hospital

school and museum

Starbucks and Wal-Mart

2.

Multiple Choice

1 min

1 pt

Which services is a bank likely to offer?

net deposit and balance

online banking and savings accounts

check writing and car wash

credit card and Tootsie Rolls

3.

Multiple Choice

45 sec

1 pt

What do we call the amount left over from your paycheck after taxes and deductions?

balance

gross balance

transaction

net pay

4.

Multiple Choice

30 sec

1 pt

When depositing money into an account, it is important to:

include your account number

swipe your credit card

thank the teller

sign your deposit ticket

5.

Multiple Choice

30 sec

1 pt

You can continue to write checks as long as you have check in your checkbook.

True

False

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