US Grade 11 Financial Literacy Test 2

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 11 Financial Literacy High School (Grade 11, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 11 Financial Literacy practice (High School 9-12, USA Common Core) — High School (Grade 11, USA Common Core) level, USA.
Is this for you? For High School students (Grade 11, 9-12) — if you are in High School, this is for you.
Section: K-12 Grade 11 Financial Literacy · Education: High School · Part: K-12 Grade 11 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

How much is 2 quarters and 1 dime?

A) 35 cents

B) 75 cents

C) 60 cents

D) 50 cents

Question 2

How much is 3 dimes and 1 nickel?

A) 31 cents

B) 30 cents

C) 35 cents

D) 40 cents

Question 3

What is a paycheck?

A) free money

B) money earned from work

C) play money

D) found money

Question 4

What is charity?

A) wasting food

B) hiding money

C) giving to help others

D) taking toys

Question 5

What is a wallet?

A) a pillow

B) holds cash and cards

C) a toy box

D) a lunchbox

Question 6

What is a price?

A) what something costs

B) a secret

C) a gift

D) a joke

Question 7

What is expensive?

A) is free

B) is small

C) is cheap

D) costs a lot of money

Question 8

What is cheap?

A) is broken

B) is free

C) costs a lot

D) costs little money

Question 9

What is a coin bank?

A) a cake

B) a jar for saving coins

C) a toy

D) a river

Question 10

What do stores do?

A) sell goods for money

B) give everything free

C) play

D) sleep

Question 11

What is allowance?

A) a punishment

B) homework

C) a meal

D) money given regularly to kids

Question 12

Why keep receipts?

A) to prove purchase and track spending

B) no reason

C) to play

D) to eat

Question 13

True or false: keeping money for later instead of spending.

A) True

B) False

Question 14

True or false: a plan for spending and saving money.

A) True

B) False

Question 15

True or false: a safe place that keeps money.

A) True

B) False

Question 16

True or false: needs are required to live, wants are extras.

A) True

B) False

Question 17

True or false: extra money a bank pays savers.

A) True

B) False

Question 18

True or false: to get the best value for money.

A) True

B) False

Question 19

True or false: getting money by working.

A) True

B) False

Question 20

True or false: save part and spend part wisely.

A) True

B) False

US Grade 11 Financial Literacy Test 2

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