Money Management Quiz 4 (25 MCQs)

Quiz Instructions:

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1. Which of the following careers would be possible choices for someone interested in money and finance?

2. An advantage of Barter is

3. What is saving a certain amount of money to be used later for financial goals called?

4. Shirley worked 30 hours this week. Will Shirley be considered a part time or full time employee?

5. Fixed expenses are:

6. You can save money on college by _____

7. The consumer receives goods after paying money.

8. What is a tax-sheltered retirement plan?

9. Which is an example of a "real" investment by a consumer?

10. To sign the back of your check is to:

11. Paying with a _____ _____ takes cash of your checking account.

12. T is important to save for the following reasons:

13. What is money planned for budget categories?

14. If your income is $ 20 per month, how much should you spend each month to stay on budget? Choose the best answer.

15. Which of the following is not a common fee assessed by your bank?

16. Jamie has 2 quarters, 4 dimes, and 2 pennies in her pocket. How much money does Jamie have in all?

17. Calculate the "Net worth"Cash $ 4, 670Investment account $ 26, 910Credit card debt $ 2, 670House value $ 93, 780House mortgage-$ 76, 230

18. Extra money that can be spent or saved is called a _____

19. Saving a certain amount of money to be used later for financial goals

20. Minimum wage was established by the citizens

21. If you save your money in a bank account _____

22. Your needs should override

23. Money management is necessary for _____

24. Money in savings/investment kept for future use accumulates to determine how much money a person has

25. When making financial decisions, you can find information that will help you _____