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- 1. Multiple ChoiceRequires a Personal Identification Number (PIN) to authorize many purchasesCreditDebitBoth
- 2. Multiple ChoiceThis card carries the logo of a major credit card company (Visa, Mastercard, etc.)CreditDebitBoth
- 3. Multiple ChoiceWhen this card is swiped, the funds will be billed to the cardholder at a later dateCreditDebitBoth
- 4. Multiple ChoiceWhen this card is swiped, the funds are immediately deducted from the checking account that it is linked toCreditDebitBoth
- 5. Multiple ChoiceWith this card, you will be charged interest on your outstanding balance each monthCreditDebitBoth
- 6. Multiple Choice
You are an education major, and part of your financial aid is the money you earn as a tutor.
A scholarship
A grant
Work Study
Loan
- 7. Multiple Choice
You were a high school athlete. The university is paying your tuition while you play on the
college team.
A scholarship
A grant
Work Study
Loan
- 8. Multiple Choice
You work 20 hours per week in the library at your college.
A scholarship
A grant
Work Study
Loan
- 9. Multiple Choice
All of the following are costs of going to college EXCEPT...
Tuition and fees
Room and board
Textbooks
Scholarships and grants
- 10. Multiple ChoiceAmanda has to pay taxes on her annual salary and investments. Which type of tax is Kimberly paying?Sales TaxProperty TaxPayroll TacIncome Tax
- 11. Multiple Choice
Which of the following is an advantage of using a credit card?
Interest is charged for the use of a credit card.
Consumers can purchase things now, and pay for them later in the event of an emergency.
You could be a victim of identity theft.
- 12. Multiple ChoiceJonathan's new clothes cost a total of $572.50 before tax. What type of tax does Jonathan have to pay for his new clothes?Income TaxProperty TaxPayroll TaxSales Tax
- 13. Multiple ChoiceDamian has $585 in his bank account. His expenses consist of a $150 cell phone payment, $75 for food, and $90 for his internet bill. He also wants to buy his favorite video game and wants to save $65 for the game. Damian wants to be sure he is within his budget because he wants to buy his mother a birthday gift. How much money will Damian have left in his bank account to buy his mother a gift? Will he have enough?$205; no he doesn't have anough$335; no he doesn't have enough$205; yes he has enough$355; yes he has enough
- 14. Multiple ChoiceWhat is the starting balance on this check register?4720.334500.004500.754320.00
- 15. Multiple ChoiceWhat happened on 7/5?a paycheck was depositedcheck #164 was writtennothingthe balance went up
- 16. Multiple ChoiceWhat should be written on line 2?the datethe amount of the checkwho the check is going toyour signature
- 17. Multiple ChoiceWhat is the balance on 6/25?1,177.801,000.001,157.80320.55
- 18. Multiple Choice
A
B
C
D
- 19. Multiple Choice
A
B
C
D
- 20. Multiple Choice
A
B
C
D
- 21. Multiple Choice
A
B
C
D
- 22. Multiple ChoiceWhich of the following is listed on your credit report?Traffic ViolationsAmount of cash in your bank accountHourly wageFull name, social security, date of birth, current address
- 23. Multiple ChoiceWhat if I have bad credit?High interest rates on loansYou can easily be approved for a loanYou have a high credit scoreYou may have to live with Mr. Trump.
- 24. Multiple ChoiceWhy is it important to have good credit?Buy candyBuy school suppliesStart a businessBuy groceries
- 25. Multiple Choice
How long does negative information stay on your credit report?
10 years
FOREVER
7 years
20 years
- Answer choicesTagsAnswer choicesTags