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Twelfth Grade (Grade 12) Personal Finance Questions

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Grade 12 Personal Finance
Grade 12 Personal Finance
Grade 12 Personal Finance
An agency of the federal government that insures all bank deposits up to $250,000 per person.
  1. FDIC (Federal Deposit Insurance Corporation)
  2. IRS (Internal Revenue Service)
  3. FBI (Federal Bureau of Investigation)
  4. CSI (Criminal Service Investigation)
Grade 12 Personal Finance
Grade 12 Personal Finance
ATM is a(n)                         .
  1. Actual Teller Management
  2. Android Teller Machine
  3. Automatic Teller Machine
  4. Automatic Teller Money
Grade 12 Personal Finance
A(n)                                      is a confidential code used to access private information or to make a transaction.
  1. PIN – Plastic Input Number
  2. PIN – Private Input Number
  3. PIN – Private Identification Number
  4. PIN – Personal Identification Number
Grade 12 Personal Finance
Grade 12 Personal Finance
Grade 12 Personal Finance
An outstanding check is one that
  1. has not been written
  2. has not cleared the bank
  3. has not been signed
  4. has not been dated
Grade 12 Personal Finance
The biggest difference between a debit card and a credit card is:
  1. Credit cards can be used to rent cars; debit cards cannot
  2. A debit card only allows you to use money you already have in the bank
  3. A credit card shows the world you are a grown-up with money
  4. Credit cards allow you to make online purchases; debit cards do not
Grade 12 Personal Finance
Grade 12 Personal Finance
Statistics show that most Americans:
  1. Save more than enough for retirement
  2. Live paycheck-to-paycheck
  3. Pay cash for larger purchases
  4. Avoid using credit cards
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