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Adulting101 Final Exam

Authored by Christine Reynolds

Life Skills

12th Grade

Used 5+ times

Adulting101 Final Exam
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54 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your monthly cost for rent/mortgage should not exceed:

20%

25%

30%

35%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You should keep a _____ supply worth of funds in your savings account for emergencies.

3 month

6 month

9 month

12 month

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money you have available after taxes, is referred to as your ______ ______.

disposable income

discretionary income

taxable income

variable income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your mortgage and insurance, which are the same amount of money each month, would be examples of:

variable expenses

periodic expenses

fixed expenses

discretionary expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Up and Up, Equate, True Goodness, and Private Selection are all examples of:

name brands

generic brands

marketable brands

rebranded brands

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is an app that can save additional money by you earning “cash back” through purchasing certain products. When you have earned $20.00 you can make a withdrawal and receive a gift card.

Honey

Coupon Cabin

Retail Me Not

Ibotta

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which is the account number on the above check?

101

74894934

6793868122

0101

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