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Financial Literacy Review Flashcards | StudBud
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Financial Literacy Review
Financial Literacy Review
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Flashcards
17 cards
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Practice quiz
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Questions
17
Answers
1
This card never has interest charges...
Credit
Debit
2
This card is a buy now, pay now card...
Debit
Credit
3
This card allows you to buy now, pay later...
Credit
Debit
4
Find the unit price: 2 Taki Bags for $5.00
$2.50 per bag
$1 per bag
$0.50 per bag
$1.60 per bag
5
The money you spend is...
Expenses
Income
6
A 36 oz container of punch costs $2.99 and a 48 oz container costs $3.75. Which is the better buy?
48 oz.
36 oz.
7
Find the unit price: 10 packs of gum for $7.00
$0.71 per pack
$0.70 per pack
$2.50 per pack
$0.60 per pack
8
The money you earn is...
Expenses
Income
9
This card takes money directly from your bank account...
Credit
Debit
10
What is the key to money management?
Spend less than you save
Spend more than you save
11
Find the unit price: 6 Gatorades for $6.00
$0.50 per gatorade
$10 per gatorade
$1 per gatorade
$1.60 per gatorade
12
If an expense changes every month it is a...
Fixed Expense
Flexible Expense
13
What is a plan for how you will spend your money?
Savings
Budget
Credit
Debit
14
This card charges an interest fee if not paid in full every month...
Debit
Credit
15
If an expense stays the same every month it is a...
Flexible Expense
Fixed Expense
16
Which is the better buy: a 6 oz can of pineapples for 90¢ or a 9 oz can for $1.25?
6 oz.
9 oz.
17
This card allows you to borrow money...
Debit
Credit
