Financial Literacy Assessments 1st 50 Q's
Authored by MARIA SUSANNE SMITH
Business
12th Grade
Used 1+ times
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50 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the most well-known vehicle valuation company according to the segment?
CarMax
Consumer Reports
CarFax
Kelly Blue Book
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Invoice price is sometimes also referred to as which of the following?
True Market Value
Dealer Cost
Sticker Price
Out-the-Door Price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an advantage of buying from a private seller as opposed to a dealership as discussed in the segment?
Less hassle
Increased ability to negotiate
Lower starting prices
Less pressure
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the segment recommend checking for possible fluid leaks when examining a car?
Walk around the car
Look under the car
Rev the engine when parked
Test-drive the car
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT recommended when test-driving a vehicle?
Drive over bumps
Test the brakes
Listen to the radio
Drive on the highway
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the segment, your total automotive expenses should NOT exceed what percentage of your take-home pay?
10 percent
20 percent
30 percent
40 percent
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of auto insurance is required by law in most states?
Liability
Collision
Comprehensive
Personal injury
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