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Final Quiz SCO Pt 1 Flashcards | StudBud
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Final Quiz SCO Pt 1
Final Quiz SCO Pt 1
6 terms
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StudBud Administration
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Final Summary Quiz
Flashcards
6 cards
F
Practice quiz
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Host live
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Questions
6
Answers
1
A debit card is...
A card connected to your bank account. It is your money.
Managing money to make purchases.
A way to use money from a lender
Utilizing an ATM machine to give you money
2
A budget is...
Tracking your money using math
is an estimate of income and expenses over a period of time
Revising and checking your bank account for interest
Finding resources to allocate funds to expenses
3
A benefit of a credit card is...
You don't have to pay interest on money borrowed.
There are no deadlines for payments.
You can sell your items and get credit.
You can buy items today and pay them later.
4
Today's Financial literacy seminar was...
What's good with that food?
Meh... I did not find this useful
For real, for real, I learned something today.
Not gonna, it was interesting
5
A scam is...
How people get information to help others
Stealing money
A dishonest scheme or action that can lead to fraud
Doing something legally to make extra money
6
A Credit Card is...
Getting a credit of money under your name
A card that help you Save money for the future.
It is not your money. Must pay back with interest. Borrowing
A card that checks your expenses and income.