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Financial Literacy- Unit 11 Flashcards | StudBud
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Financial Literacy- Unit 11
Financial Literacy- Unit 11
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Flashcards
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Questions
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Answers
1
A summary of financial history is called a...
Bank Statement
Money Tracker
Report Card
Credit Report
2
When you get paid, it is called a(n)...
Lender
Loan
Salary
Interest
3
What is it called when you are charged for borrowing money?
Interest
Loaner
Credit
Credit Report
4
To put money in an account...
Deposit
Lender
Salary
Withdrawl
5
Which of the following is NOT a reason to study financial literacy?
To learn how to better manage your money.
To be ignorant and wasteful with your money.
To learn to spend money wisely.
To improve your credit report.
6
What is the account called that is used to set money aside for later?
Savings Account
Good Time Account
Debit Card
Annual Holder Fee
7
A debit card uses money from...
a loan provider
credit company
mom's wallet
a person's bank account
8
It is best to keep your money in...
A shoe box
A bank
9
What is it called when money is loaned to people so they can pay for college tuition?
None of these are correct
Student Loans
Tuition Fees
Annual Student College Fees
10
What are various forms of money?
Simoleans, Souls, Copper, Silver
Rupee, Units, Chips, CoDP
Cash, Check, Credit Card, Debit Card
