US Grade 6 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 6 Financial Literacy Middle School (Grade 6, USA Common Core) USA USA Common Core & NGSS

What is this test? for Grade 6 Financial Literacy practice (Middle School 6-8, USA Common Core) — Middle School (Grade 6, USA Common Core) level, USA.
Is this for you? For Middle School students (Grade 6, 6-8) — if you are in Middle School, this is for you.
Section: K-12 Grade 6 Financial Literacy · Education: Middle School · Part: K-12 Grade 6 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) 50 cents

B) 60 cents

C) 35 cents

D) 75 cents

Question 2

How much is 3 dimes and 1 nickel?

A) 35 cents

B) 30 cents

C) 31 cents

D) 40 cents

Question 3

What is a paycheck?

A) play money

B) found money

C) money earned from work

D) free money

Question 4

What is charity?

A) taking toys

B) wasting food

C) hiding money

D) giving to help others

Question 5

What is a wallet?

A) a lunchbox

B) a toy box

C) holds cash and cards

D) a pillow

Question 6

What is a price?

A) a joke

B) a gift

C) a secret

D) what something costs

Question 7

What is expensive?

A) is small

B) costs a lot of money

C) is cheap

D) is free

Question 8

What is cheap?

A) costs a lot

B) is free

C) is broken

D) costs little money

Question 9

What is a coin bank?

A) a river

B) a toy

C) a jar for saving coins

D) a cake

Question 10

What do stores do?

A) sell goods for money

B) play

C) sleep

D) give everything free

Question 11

What is allowance?

A) money given regularly to kids

B) homework

C) a punishment

D) a meal

Question 12

Why keep receipts?

A) to eat

B) no reason

C) to play

D) to prove purchase and track spending

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 6 Financial Literacy Test 2

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