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includes Teacher and Student dashboards
Measure skillsfrom any curriculum
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from any curriculum
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8 questions
Show answers
- Q1Which statement about credit cards is true?A credit card company allows you to pay back money when you can.A credit card company charges high interest rates on balances not paid off each month.A credit card takes money directly out of your checking account.A credit card allows you to use money from your savings account.30s
- Q2Mrs. Garcia pays all her bills using online banking and maintains a minimum checking balance of $400. She uses her debit card while shopping and at the ATM. Which banking institution is the best deal for her?A banking institution that has a low fee for checking accounts and $0.25 or less for writing checks.A banking institution that has no fee for writing checks and a savings account option.A banking institution that offers free or low cost checking accounts, has online banking, and offers a free debit card.A banking institution that charges a low monthly checking account service fee, has unlimited check writing, and overdraft protection. D A banking institution that has no fee for writing checks and a savings account option.30s
- Q3Which type of job below requires the least amount of education and training?Elementary TeacherAccountantCashierCollege Professor30s
- Q4A type of college payment program that allows you to borrow money now and pay it back with interest later is called what type of payment program?GrantsScholarshipsCollege Savings PlanStudent Loans30s
- Q5Which statement below does NOT accurately describe reasons to maintain a positive credit history?A good credit history can help you get lower interest rates on major purchases made in the future.A positive credit history will get you into the college of your choice.A good credit history can help you get the credit you need in a financial emergency.A good credit history will help when you are trying to purchase a house.30s
- Q6Credit history and credit scores are beneficial to both lenders and borrowers. Which statement below describes a benefit to a lender?Lenders use your credit history and score to determine their risk in lending you money.Lenders use your credit history to determine if you have attended college.Lenders use your credit number to conduct weekly reports on your spending habits.Lenders use your credit score to finance other loans.30s
- Q7Below is a list of professions and their current average salary per year. Which comparison below does NOT accurately describe their salaries?A teacher, an accountant, and an administrator salaries combined are about the same as that of a surgeon.Teacher makes about 1/6 of the salary of a surgeon per year.A mechanical engineer makes more than twice the amount of a teacher per year.Over a ten-year period a mechanical engineer will make more than a million dollars.30s
- Q8Which statement below accurately describes information that can be retained on your credit report?Your credit report contains personal information about you such as your address, social security number, and spending habits.Your credit report contains information about your relatives.Your credit report contains dates in which you finished high school and college.Your credit report contains information regarding the number of people in your family and their credit risk.30s
