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Financial Literacy Test Review Flashcards | StudBud
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Financial Literacy Test Review
Financial Literacy Test Review
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1
Who is on the $100 bill?
Teddy Roosevelt
Franklin D. Roosevelt
Thomas Jefferson
Benjamin Franklin
2
Which of the following is an example of an expense?
B
A
D
C
3
Which of the following best describe net income?
C
B
A
D
4
Which of the following methods of payment require internet access?
Cash
Check
Credit Card
Electronic Payment
5
Which of the following statements is incorrect in the chart?
D
C
B
A
6
Which term best fits this definition?
Income Tax
Payroll Tax
Sales Tax
Property Tax
7
What is the world's largest bird?
Emu
Bald Eagle
Vulture
Ostrich
8
Which of the following statements is not true?
A
C
B
D
9
Which of the following actions may be taken to balance a budget?
A
D
C
B
10
Which animal weighs the most?
African Elephant
Blue Whale
Hippo
Giraffe
11
What is Ms. Johnson's favorite place for dinner?
Taco Bell
Chipotle
Chic-fil-a
Subway
12
Which term best fits the definition?
Income Tax
Payroll Tax
Property Tax
Sales Tax
13
Which statement best represents this data?
B
D
A
C
14
How much is Courtney's gross income?
$448.05
$361.59
$448.50
$361.95
15
Which statement is true?
C
D
B
A
16
Which of the following statements is false?
C
D
B
A
17
What is Justin Bieber's favorite color
Blue
Purple
Red
Green
18
How much money would Caleb need to make to have a balanced budget?
$800
$100
$900
$1,000
19
What is Ms. Johnson's favorite Disney movie?
Holes
Lion King
High School Musical
Cinderella
20
Which of the following statements is true?
A
B
C
D
21
Which of the following descriptions best describe sales tax?
B
A
C
D
22
Which of the following statements is true?
B
D
C
A
23
Which of the following statements is true?
B
C
D
A
24
What is Ms. Johnson's favorite candy?
Reese's
Jolly Ranchers
Chocolate covered almonds
Sour Patch Kids
25
What is Georgina's total expenses?
$135.36
$136.26
$136.36
$135.26
