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Financial Literacy-4th grade Flashcards | StudBud
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Financial Literacy-4th grade
Financial Literacy-4th grade
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Flashcards
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Questions
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Answers
1
A cost that changes every month is a
profit
variable expense
bank loan
financial institution
2
I will make a 100 on the STAAR test!
False
True
3
An expense that is paid every month is
profit
fixed expense
variable expense
financial institution
4
Which is NOT an example of a variable expense is
your car payment
your rent or house payment
tickets to a concert
your gas bill
5
An amount of money used to buy goods or services is
financial institution
profit
expense
bank loan
6
An example of a bank lending you money is
all of the above
to buy a car
to repair your house
to buy a house
7
Which is NOT an example of a fixed expense?
Your rent or house paymant
your water bill
your electric bill
your grocery bill
8
The purpose of a bank is to spend your money.
True
False
9
An example of a financial institution is a
Wal-mart
Grocery Store
Check Cashing Place
Bank
10
If I start a pen business and I buy every pen for $1 and sell them for $1 each.
I lost money
I broke even
I made money
I have no idea
11
Financial Literacy is
Understanding Kahoot
Understanding fractions
graphing
the understanding of money
12
Money left after paying all fixed and variable expenses is
expense
bank loan
financial institution
profit
13
Two types of expenses are
Rent and water
all of the above
fixed and variable
Gas and Electric