US Grade 1 Financial Literacy Test 6

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 1 Financial Literacy Elementary School (Grade 1, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 1 Financial Literacy practice (Elementary School K-5, USA Common Core) — Elementary School (Grade 1, USA Common Core) level, USA.
Is this for you? This test is for Elementary School students (Grade 1, K-5) studying Financial Literacy under USA Common Core — if you are in Elementary School, this is for you.
Section: K-12 Grade 1 Financial Literacy · Education: Elementary School · Part: K-12 Grade 1 Financial Literacy · Country: USA

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

Why do we learn that interest??

A) extra money a bank pays savers

B) lost money

C) a fee for toys

D) free candy

Question 2

Why do we learn that are prices??

A) to waste time

B) to get the best value for money

C) to buy more

D) no reason

Question 3

Why do we learn that earning??

A) finding money always

B) taking money

C) getting money by working

D) printing money

Question 4

Why do we learn that uld you do with birthday money??

A) save part and spend part wisely

B) spend it all fast

C) throw it away

D) hide forever

Question 5

Why do we learn that a coin??

A) a rock

B) a toy

C) paper money

D) metal money of small value

Question 6

Why do we learn that a dollar bill??

A) paper money worth 100 cents

B) a coupon

C) a ticket

D) a note

Question 7

Why do we learn that cents in a dollar??

A) 10

B) 100

C) 25

D) 50

Question 8

Why do we learn that cents is a quarter??

A) 25

B) 5

C) 50

D) 10

Question 9

Why do we learn that cents is a dime??

A) 5

B) 1

C) 25

D) 10

Question 10

Why do we learn that donating??

A) taking things

B) giving money or goods to help others

C) wasting food

D) hiding money

Question 11

Why do we learn that a receipt??

A) a gift

B) a toy

C) proof of what you bought

D) money

Question 12

Why do we learn that for goals??

A) big wants need time and planning

B) to waste

C) no reason

D) to brag

Question 13

Why do we learn that a price tag??

A) shows what something costs

B) a joke

C) a gift

D) a toy

Question 14

Why do we learn that change??

A) a gift

B) extra toys

C) money back after paying

D) lost money

Question 15

Why do we learn that a sale??

A) closed store

B) lower prices for a time

C) higher prices

D) free everything

Question 16

Why do we learn that costs 3 dollars and you pay 5, what is the change??

A) 0 dollars

B) 2 dollars

C) 3 dollars

D) 8 dollars

Question 17

Why do we learn that is 2 quarters and 1 dime??

A) 60 cents

B) 75 cents

C) 50 cents

D) 35 cents

Question 18

Why do we learn that is 3 dimes and 1 nickel??

A) 31 cents

B) 30 cents

C) 35 cents

D) 40 cents

Question 19

Why do we learn that a paycheck??

A) found money

B) free money

C) play money

D) money earned from work

Question 20

Why do we learn that charity??

A) giving to help others

B) hiding money

C) wasting food

D) taking toys

US Grade 1 Financial Literacy Test 6

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