Debt Quizzes & Trivia


The debt ceiling. Everyone is talking about it, but not everyone knows what it's all about. Do you?

Questions: 9  |  Attempts: 195   |  Last updated: Jul 30, 2011
  • Sample Question
    What is the debt ceiling?

This quiz comes to you from a former debt collector to inform you, the consumer, of your rights when receiving calls from collection agencies, particularly 3rd party collections. We were hired to pursue collecting actions, now...

Questions: 15  |  Attempts: 39   |  Last updated: Jan 15, 2013
  • Sample Question
    How can you as a consumer tell a 3rd party collector to stop calling and they must stop?

Take this short survey to see how deeply your debt is affecting your mental, physical and emotional well-being.

Questions: 41  |  Attempts: 36   |  Last updated: Apr 15, 2013
  • Sample Question
    How confident are you that you could find the money to pay for a financial emergency that costs about $1000?

5 questions to test your knowledge about Doubtful Debts in Accounting.

Questions: 5  |  Attempts: 31   |  Last updated: Jan 29, 2013
  • Sample Question
    Doubtful debts are closely related to which accounting concept or principle?

See how you stack up in real life with this debt scenario quiz!

Questions: 12  |  Attempts: 14   |  Last updated: May 30, 2015
  • Sample Question
    When you go clothes shopping you...




Debt Questions and Answers


  • What is the debt ceiling?

  • Which president paid off the national debt during his presidency?

  • What happens on August 2nd, the deadline for enacting legislation to raise the debt ceiling?

  • How can you as a consumer tell a 3rd party collector to stop calling and they must stop?

  • What type of collector can demand payment after consumer defaults on a loan or debt?

  • Anyone can talk to a 3rd Party Collector about debts of someone they are related to if

  • How confident are you that you could find the money to pay for a financial emergency that costs about $1000?

  • How often does this happen to you? You want to go out to eat, go to a movie or do something else and don't go because you can't afford to?

  • How frequently do you find yourself just getting by financially and living paycheck to paycheck?

  • Doubtful debts are closely related to which accounting concept or principle?

  • Doubtful debts are the actual losses that the business has incurred from the uncollected money of customer accounts.

  • Which of the following are generally acceptable ways of estimating doubtful debts for an accounting period?