US Grade 11 Financial Literacy Test 5

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

Which is the best example of: a price tag??

A) a joke

B) a toy

C) shows what something costs

D) a gift

Question 2

Which is the best example of: change??

A) a gift

B) money back after paying

C) lost money

D) extra toys

Question 3

Which is the best example of: a sale??

A) closed store

B) higher prices

C) lower prices for a time

D) free everything

Question 4

Which is the best example of: costs 3 dollars and you pay 5, what is the change??

A) 3 dollars

B) 2 dollars

C) 8 dollars

D) 0 dollars

Question 5

Which is the best example of: is 2 quarters and 1 dime??

A) 50 cents

B) 60 cents

C) 75 cents

D) 35 cents

Question 6

Which is the best example of: is 3 dimes and 1 nickel??

A) 35 cents

B) 30 cents

C) 31 cents

D) 40 cents

Question 7

Which is the best example of: a paycheck??

A) money earned from work

B) play money

C) found money

D) free money

Question 8

Which is the best example of: charity??

A) wasting food

B) giving to help others

C) taking toys

D) hiding money

Question 9

Which is the best example of: a wallet??

A) holds cash and cards

B) a toy box

C) a pillow

D) a lunchbox

Question 10

Which is the best example of: a price??

A) a secret

B) a joke

C) what something costs

D) a gift

Question 11

Which is the best example of: expensive??

A) is free

B) is small

C) is cheap

D) costs a lot of money

Question 12

Which is the best example of: cheap??

A) costs little money

B) is free

C) costs a lot

D) is broken

Question 13

Which is the best example of: a coin bank??

A) a cake

B) a toy

C) a river

D) a jar for saving coins

Question 14

Which is the best example of: stores do??

A) sleep

B) sell goods for money

C) give everything free

D) play

Question 15

Which is the best example of: allowance??

A) homework

B) a meal

C) money given regularly to kids

D) a punishment

Question 16

Which is the best example of: receipts??

A) no reason

B) to eat

C) to play

D) to prove purchase and track spending

Question 17

Why do we learn that saving??

A) keeping money for later instead of spending

B) giving all away

C) spending everything

D) losing money

Question 18

Why do we learn that a budget??

A) a toy

B) a shopping list

C) a plan for spending and saving money

D) a bank robbery

Question 19

Why do we learn that a bank??

A) a toy store

B) a safe place that keeps money

C) a zoo

D) a park

Question 20

Why do we learn that the difference between a need and a want??

A) needs are required to live, wants are extras

B) wants are needs

C) no difference

D) needs cost more

US Grade 11 Financial Literacy Test 5

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