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Money Management Quiz 10 (25 MCQs)

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1. I have 6 pennies, 3 dimes, and 2 quarters. How much money do I have?
2. Which of the following is the endorsement where the signature of the payee is written exactly as his or her name appears on the front of the check?
3. The primary sources of income for most people between the ages of 20 and 35 who are not living on a pension or social security are:
4. What is the length of time you should be prepared for in case you are unable to work?
5. A plan for spending and saving
6. The key to keeping a budget is to spend your money prudently. What is the best synonym for "prudently?"
7. Sometimes called a trade-off; what you give up when you make one choice instead of another is a(n) _____
8. Saving and investing for the future _____
9. One should save for _____ and/or _____ situations.
10. Government assistance, retirement, investments are examples of
11. Working in a fast food restaurant always pay the minimum wage
12. Lisa will buy two new car tires three months from now before taking a long trip. Each tire costs $ 75. How much will Lisa need to save each month to reach her goal?
13. What is an example of a Technical or Trade Degree?
14. Money that by law is accepted for payment of debt
15. When deciding between two job offers with a similar salary offer, a person should first consider:
16. Income received after all deductions have been made
17. Placing money in the stock market, a retirement account( IRA), or purchasing real estate so it can grow in value and be used later.
18. Expenses that change and can be controlled more easily than fixed expenses is called _____
19. Which of the following is a cash outflow?
20. Before money, people _____, or traded, to get things they needed or wanted.
21. A good example of a well-stated financial goal is:
22. What is amount directly deducted from taxes?
23. Borrowed money is also known as
24. Savings is an essential skill of sound personal financial
25. A value can be described as
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