US Grade 5 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 5 Financial Literacy Elementary School (Grade 5, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 5 Financial Literacy 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 Financial Literacy under USA Common Core — if you are in Elementary School, this is for you.
Section: K-12 Grade 5 Financial Literacy · Education: Elementary School · Part: K-12 Grade 5 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) a fee for toys

B) free candy

C) extra money a bank pays savers

D) lost money

Question 2

Why do we learn that are prices??

A) to get the best value for money

B) no reason

C) to buy more

D) to waste time

Question 3

Why do we learn that earning??

A) taking money

B) getting money by working

C) finding money always

D) printing money

Question 4

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

A) hide forever

B) save part and spend part wisely

C) spend it all fast

D) throw it away

Question 5

Why do we learn that a coin??

A) a toy

B) paper money

C) a rock

D) metal money of small value

Question 6

Why do we learn that a dollar bill??

A) a ticket

B) a coupon

C) paper money worth 100 cents

D) a note

Question 7

Why do we learn that cents in a dollar??

A) 50

B) 10

C) 25

D) 100

Question 8

Why do we learn that cents is a quarter??

A) 10

B) 50

C) 5

D) 25

Question 9

Why do we learn that cents is a dime??

A) 10

B) 1

C) 25

D) 5

Question 10

Why do we learn that donating??

A) giving money or goods to help others

B) taking things

C) hiding money

D) wasting food

Question 11

Why do we learn that a receipt??

A) a gift

B) money

C) proof of what you bought

D) a toy

Question 12

Why do we learn that for goals??

A) to waste

B) no reason

C) big wants need time and planning

D) to brag

Question 13

Why do we learn that a price tag??

A) a toy

B) a joke

C) shows what something costs

D) a gift

Question 14

Why do we learn that change??

A) money back after paying

B) extra toys

C) lost money

D) a gift

Question 15

Why do we learn that a sale??

A) higher prices

B) closed store

C) lower prices for a time

D) free everything

Question 16

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

A) 2 dollars

B) 0 dollars

C) 8 dollars

D) 3 dollars

Question 17

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

A) 60 cents

B) 75 cents

C) 35 cents

D) 50 cents

Question 18

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

A) 30 cents

B) 35 cents

C) 40 cents

D) 31 cents

Question 19

Why do we learn that a paycheck??

A) money earned from work

B) free money

C) found money

D) play money

Question 20

Why do we learn that charity??

A) giving to help others

B) taking toys

C) hiding money

D) wasting food

US Grade 5 Financial Literacy Test 6

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