US Grade 5 Entrepreneurship Test 1

K-12 » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

K-12 Grade 5 Entrepreneurship Elementary School (Grade 5, USA Common Core) USA USA Common Core & NGSS

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

What is saving?

A) losing money

B) giving all away

C) spending everything

D) keeping money for later instead of spending

Question 2

What is a budget?

A) a shopping list

B) a toy

C) a plan for spending and saving money

D) a bank robbery

Question 3

What is a bank?

A) a zoo

B) a toy store

C) a safe place that keeps money

D) a park

Question 4

What is the difference between a need and a want?

A) needs cost more

B) wants are needs

C) needs are required to live, wants are extras

D) no difference

Question 5

What is interest?

A) lost money

B) a fee for toys

C) free candy

D) extra money a bank pays savers

Question 6

Why compare prices?

A) no reason

B) to waste time

C) to get the best value for money

D) to buy more

Question 7

What is earning?

A) finding money always

B) taking money

C) printing money

D) getting money by working

Question 8

What should 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 9

What is a coin?

A) paper money

B) a rock

C) a toy

D) metal money of small value

Question 10

What is a dollar bill?

A) a note

B) a ticket

C) paper money worth 100 cents

D) a coupon

Question 11

How many cents in a dollar?

A) 25

B) 50

C) 10

D) 100

Question 12

How many cents is a quarter?

A) 25

B) 10

C) 5

D) 50

Question 13

How many cents is a dime?

A) 5

B) 1

C) 10

D) 25

Question 14

What is donating?

A) hiding money

B) wasting food

C) giving money or goods to help others

D) taking things

Question 15

What is a receipt?

A) money

B) a gift

C) a toy

D) proof of what you bought

Question 16

Why save for goals?

A) to brag

B) no reason

C) big wants need time and planning

D) to waste

Question 17

What is a price tag?

A) shows what something costs

B) a toy

C) a gift

D) a joke

Question 18

What is change?

A) lost money

B) money back after paying

C) a gift

D) extra toys

Question 19

What is a sale?

A) free everything

B) closed store

C) higher prices

D) lower prices for a time

Question 20

If a toy costs 3 dollars and you pay 5, what is the change?

A) 3 dollars

B) 8 dollars

C) 0 dollars

D) 2 dollars

US Grade 5 Entrepreneurship Test 1

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