Financial Literacy Questionaire
7 Questions
| Attempts: 427
After listening to our financial lit week morning announcements and reading our power point, we hope you will be able to complete this quiz testing your knowledge on finanical literacy.
Questions and Answers
- 1.
Between 25 and 50 million people over the age of 18 don't use financial institutions.
- A.
True
- B.
False
Correct Answer
A. True -
- 2.
What percent of people today view their personal financial knowledge as good or better?
- A.
10%
- B.
50%
- C.
30%
- D.
95%
Correct Answer
C. 30% -
- 3.
How many people in the US filed for bankruptcy in 1998?
- A.
1.4 million
- B.
10 million
- C.
100 thousand
Correct Answer
A. 1.4 million -
- 4.
Which three financial areas are areas that US adults feel they need more guidance in?
- A.
Investing
- B.
Retirement funding
- C.
Insurance
- D.
Taxes
Correct Answer(s)
A. Investing
B. Retirement funding
D. Taxes -
- 5.
Which three financial areas are areas that US adults feel they need the least guidance in?
- A.
Spending
- B.
Insurance
- C.
Lending/ borrowing
- D.
Investing
Correct Answer(s)
A. Spending
B. Insurance
C. Lending/ borrowing -
- 6.
10% of Americans say they live beyond their means.
- A.
True
- B.
False
Correct Answer
B. False -
- 7.
How many credit cards does the average household have?
- A.
1
- B.
3
- C.
6
- D.
9
Correct Answer
D. 9 -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 07, 2013Quiz Edited by
ProProfs Editorial Team -
Jan 15, 2013Quiz Created by
Cusackjul
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