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Money Management Quiz Flashcards | StudBud
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Money Management Quiz
Money Management Quiz
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Questions
15
Answers
1
The money an employee has earned for their work, given to them on a small piece of paper.
Coupon
Bill
Paycheck
Check
2
A statement which allows a person to purchase a service or product at a discount or for free.
Coupon
Taxes
Paycheck
Sale
3
The cost to borrowing money (recieving a loan), and the return for loaning someone money.
Loan
Bill
Interest
Credit Score
4
The money a
professional
employee makes monthly or biweekly, intead of hourly.
Savings
Salary
Income
Credit
5
A record of information regarding one’s credit management/ money usage in the past.
Taxes
Credit Score
Bank Statement
Debt
6
A statement from the bank that gives status of one's bank account as well as the money that has gone in and out of it.
Paycheck
Credit Score
Bank Statement
Bill
7
Money owed from one person to another, specifically to pay off money they have recived from a loan.
Interest
Debt
Bill
Credit
8
A bank account that allows you to safely keep and save money.
Savings Account
Taxes
Savings
Credit Score
9
Money that is saved in an investment plan, used to prevent someone from spending large amounts of money.
Savings
Loan
Interest
Savings Account
10
The money that people and businesses receive by working/ doing business.
Inerest
Salary
Paycheck
Income
11
An example of a specific budgeting strategy is:
The 80-20 rule.
Money Laundering.
Keeping old credit cards.
The 50-20-30 rule.
12
A coupon can be found in magazines, newspapers, articles, or recieved online.
False
True
13
The act of borrowing money from a financial institution, corporation, etc, for use of education or large expenses.
Bill
Taxes
Debt
Loan
14
Is tax evasion legal?
Yes
No
15
An extra amount of money decided by factors like your income which the government makes mandatory for people to pay.
Credit Card
Taxes
Statement
Credit Score