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PreTest for Financial Literacy

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PreTest for Financial Literacy

Justice August 20, 2017

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Question 1 of 10

1. Question
Which of the following is not a loan?
- A. Debt
- B. Credit Card
- C. Checking Accounts
- D. None of the above
Correct

Incorrect
Question 2 of 10

2. Question
Which of the following is not a way to manage your finances?
- A. Saving
- B. Investment
- C. Delayed Gratification
- D. Debt
Correct

Incorrect
Question 3 of 10

3. Question
True or False: Credit cards do not affect your credit history.
- A. True
- B. False
Correct

Incorrect
Question 4 of 10

4. Question
True or False: The only way to pay for your college education is with money you have saved.
- A. True
- B. False
Correct

Incorrect
Question 5 of 10

5. Question
Which of the following are ways to earn an income?
- A. Think of an idea and sell it.
- B. Buy items and sell it at a higher price.
- C. Close a bank account
- D. A and C only
Correct

Incorrect
Question 6 of 10

6. Question
Which of the following are steps for career management?
- A. Evaluate yourself
- B. Search for employment opportunities
- C. Set goals
- D. None of the above
Correct

Incorrect
Question 7 of 10

7. Question
True or False: All companies are required to comply with all the mandatory employee benefits.
- A. True
- B. False
Correct

Incorrect
Question 8 of 10

8. Question
Which of the following scenarios can result in identity theft?
- A. Digging through trashes
- B. Stealing wallets
- C. Peeking over the shoulder to see another’s PIN
- D. None of the above
Correct

Incorrect
Question 9 of 10

9. Question
Which of the following is not necessary for you to do:
- A. Pay your utility bills
- B. Pay your taxes
- C. Pay your debt
- D. Avail student loans as your first option to finance your education
Correct

Incorrect
Question 10 of 10

10. Question
True or False: Credit can be used to make purchases beside using cash.
- A. True
- B. False
Correct

Incorrect

PreTest for Financial Literacy

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