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Financial Lit. Hon. 1 Per-QUIZ Flashcards | StudBud
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Financial Lit. Hon. 1 Per-QUIZ
Financial Lit. Hon. 1 Per-QUIZ
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Flashcards
22 cards
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Questions
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Answers
1
Financial institutions are required to disclose an account's interest rate due to...
certificate of deposits
the better business bureau
the FDIC
the Truth in Savings Act
2
This is a well-stated financial goal
pay off a huge % of credit card balance in 2 years, or less
buy some house in the future
get another job
but a car; now
3
Did Greece ever agree to terms of a financial bailout from the EU?
Yes
No
4
Which financial decision making strategy involves comparing the cost of two or more items?
Calculating Future Expenses
Cost Comparison
Cost-Benefit Analysis
Budgeting
5
person who starts a business, taking on greater than normal financial risks
entrepreneur
CEO
financial advisor
self-employed
6
Fincial lit provides you with helpful information
True
False
7
What financial decisions can you make? If you are a cotton farmer?
raise cotton prices and makes them pay mortgage off NOW
Sell the store to get more money for the land
fire your sharecroppers to get more money
offers more money for your land
8
What financial controls were implemented during War Communism?
Banks remained privately owned
Workers paid in wages
Bartering and payment in goods
Banks nationalised
9
A person who relies on another taxpayer for financial support
independent
indent
defendant
dependent
10
Which one of his novels caused him to become truly popular and a financial success?
Cannery Row
Huckleberry Finn
Of Mice and Men
Tortilla Flat
11
A financial institution is a bank where you can save, invest and borrow money.
True
False
12
Those who managed and assumed financial risks of starting a new business.
Proletariat
Entrepreneur
Turnpike
Means of Production
13
Which of these is not a way to protect your financial privacy & safety?
take your receipt with you after using the ATM
Only endorse checks when you present them for deposit
Check your balance at least once a day
Count your stacks of cash at the ATM with lurkers around
14
Which of the following types of financial aid do you have to pay back?
Grant
Gift
Scholarship
Loan
15
Banks and credit unions offer these financial services and products
real estate listings
savings and loans
business plans
legal services
16
Mr. Mullens says that you have _____ worlds in which we all live in at all times.
Two
Four
One
Three
17
A wireless service that allows financial transactions from a mobile device.
walmart
mobile banking
internet bank
payless footwear
18
After a storm, the rainbows light up the sky with
vivid
colors.
strange
dark
normal
bright
19
Which one of these is an example of a financial risk?
not wearing a seat belt
leaving the windows open in your house while on vacation
loaning your friend money for lunch
20
Who is the financial backer for the black families to begin shopping in Vicksburg?
Mr. Morrison
Mama & Papa
Mr. Jamison
Harlan Granger
21
What color was the dress that lit up Twitter in February?
Black and blue
Gold and white
Neither: Color doesn't exist
22
who is the best fin lit teacher???
Mr Broomfield
Yo; Dude! You talk-in 2 me?
Mr Mullens
Mr. Mullins
