Financial Education Quiz
Authored by Maria Belen Gomez
Financial Education
9th Grade
Used 1+ times
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an IOU?
A document that acknowledges the existence of a debt.
A legally binding contract.
A type of credit card.
A bank account statement.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit card?
A non-transferable personal payment method.
A card that allows for cash advances.
A prepaid card.
A type of debit card.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a debit card?
A card linked to a bank account.
A card that allows for cash advances.
A type of credit card.
A prepaid card.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a prepaid card?
A card that is loaded with a specific amount of money.
A card linked to a bank account.
A type of credit card.
A card that allows for cash advances.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a cheque?
A document that directs a bank to pay a specific sum of money.
A type of credit card.
A bank account statement.
A type of debit card.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is direct debit?
A financial arrangement to withdraw money on a recurring basis.
A type of credit card.
A bank account statement.
A type of debit card.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are accounts in double entry bookkeeping?
Words that express different categories of money movement.
A type of credit card.
A bank account statement.
A type of debit card.
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