4. Debt Management

4. Debt Management

Assessment

Assessment

Created by

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Business

9th Grade

29 plays

Easy

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10 questions

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1.

Multiple Choice

30 sec

1 pt

It is better to pay by credit card when purchasing items?

True

False

2.

Multiple Choice

30 sec

1 pt

The least amount that must be paid on a credit card balance each month is the

Minimum payment

Credit limit

Late fee

Money time

3.

Multiple Choice

30 sec

1 pt

It is better to have a

Visa card

Mastercard

Debit card

American Express card

4.

Fill in the Blank

20 sec

1 pt

Before receiving a loan you will need to sign a

5.

Multiple Choice

45 sec

1 pt

According to Moneysmart a good target to have in your emergency fund in case something happens is

approximately $500

enough to cover 3 months of expenses

emergency fund... what emergency fund ...

enough to cover subscription and entertainment expenses

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