12th Grade Financial System Quizzes, Questions & Answers

12th Grade

Top Trending Financial System Quizzes

Knowing your financial position and manipulating it to your favor is something wise. When it comes to credit, ignorance can be expensive! A person may take up too much credit and find that they cannot sustain their life. Take...

Questions: 20 | Attempts: 2629 | Last updated: Mar 21, 2025

Sample Question 1
Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to take a foreign vacation. Eric has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge?

Matt will pay less because people who travel overseas are better risks.

They will both pay the same because they have almost identical financial backgrounds.

Eric will pay less because the car is collateral for the loan.

They will both pay the same because the rate is set by law.

Sample Question 2
Which of the following instruments is NOT typically associated with spending?

Cash

Credit Card

Debit Card

Certificate of Deposit

Sample Question 3
Which of the following credit card users is likely to pay the GREATEST dollar amount in finance charges per year, if they all charge the same amount per year on their cards?

Vera, who always pays off her credit card bill in full shortly after she receives it.

Jessica, who only pays the minimum amount each month.

Megan, who pays at least the minimum amount each month and more, when she has the money.

Erin, who generally pays off her credit card in full but occasionally, will pay the minimum when she is short of cash.

Recent Financial System Quizzes

Mastering Credit Cards: Getting a Credit Card Reading Quiz

Welcome to our "Getting a Credit Card" Reading Quiz – a comprehensive journey to enhance your financial knowledge and empower your credit decisions. This interactive quiz is designed to demystify the world of...

Questions: 10 | Attempts: 208 | Last updated: Oct 22, 2025

Sample Question
What is an interest rate?

The amount of money charged for borrowing or using credit.

The amount of money you earn through investments.

The minimum payment required on a credit card.

A fee charged for late payments.

An Interesting Quiz On Credit And Loans

We welcome you to this fun Financial literacy credit and loans MCQ Quiz. Being financially literate can have many implications. Being aware of credit and loans can be of utmost importance in the financial world. After all, they...

Questions: 10 | Attempts: 205 | Last updated: Aug 16, 2025

Sample Question
Commercial banks can only provide the credit only to which of the following?

Government

Private businessman

Trade, Agriculture and Industry

None of the above

Financial Structure Quiz - Get Your Finances Right

Capital structure in corporate finance is the mix of various forms of external funds, known as capital, used to finance a business. Banks play an integral role in managing finances. Think you know about all the different types of...

Questions: 20 | Attempts: 219 | Last updated: Mar 20, 2025

Sample Question
ASIA UNITED BANK CORPORATION

Universal Bank

Commercial Bank

Thrift Bank

Rural Bank

Canadian Financial Trivia Quiz

Explore key financial aspects within Canada through the Canadian Financial Trivia Quiz. Assess your knowledge on average incomes, budgeting habits, mortgage statistics, debt management, and student loans in Canada.

Questions: 6 | Attempts: 197 | Last updated: Mar 20, 2025

Sample Question
What was the average Canadian income in 2019?

$89,900

$59,900

$42,800

$65,500

Pf2016 Quiz 1: Investing, Saving, Budgeting

A review of savings and budgeting concepts for Eastside Prep Personal Finance course. Good luck!

Questions: 26 | Attempts: 659 | Last updated: Mar 21, 2025

Sample Question
If you deposit $200 into a savings account with an interest rate of 1% for 3 years, how much simple interest can you brag that you will earn after THREE years?WebRep currentVote noRatingnoWeight

$3

$5

$6

$60

Financial Literacy For Teens

The 'Financial Literacy for Teens' quiz enhances understanding of key financial concepts among teenagers. It covers tax obligations, the importance of distinguishing between needs and wants, prudent credit card use, and...

Questions: 26 | Attempts: 8666 | Last updated: Apr 9, 2025

Sample Question
When paying taxes in the U.S., the more money you make, ____________________.

The less taxes you pay

The more taxes you pay

Doesn't make a difference because everyone pays the same amount in taxes

The more you hate paying taxes

Financial Literacy 9 Weeks Exam

This 'Financial Literacy 9 Weeks Exam' assesses understanding of key financial concepts including credit management, credit scores, and the differences between credit and debit cards. It's designed to enhance financial...

Questions: 20 | Attempts: 174 | Last updated: Sep 6, 2025

Sample Question
Which of the following is an accurate definition of CREDIT.

A legal agreement to receive cash, goods, or services now and pay for them in the future. A legal agreement to receive cash, goods or services now and pay for them in the future.

A legal agreement to borrow money and then MAYBE pay it back later.

A plastic card that has money.

A legal agreement to receive cash, and never have to pay it back. Ever.

Master Plumber Quiz - Financial Arithmetic (Engineering Economy)

Dive into the financial intricacies of plumbing mastery with our Master Plumber Quiz on Financial Arithmetic, specifically focusing on Engineering Economy. Tailored for seasoned plumbers, aspiring professionals, or those seeking...

Questions: 25 | Attempts: 1282 | Last updated: Oct 5, 2025

Sample Question
Php 4,000 is borrowed for 75 days at 16% per year simple interest. How much will be due at the end of 75 days?

Php 4,133.33

Php 4,333.33

Php 4,166.67

Php 4,150.00

Pf2015 Quiz 1: Investing, Saving, Budgeting

A review of savings and budgeting concepts for Eastside Prep Personal Finance course. Good luck!

Questions: 31 | Attempts: 973 | Last updated: Mar 21, 2025

Sample Question
If you deposit $200 into a savings account with an interest rate of 1% for 3 years, how much simple interest can you brag that you will earn after THREE years?WebRep currentVote noRatingnoWeight

$3

$5

$6

$60

Nuthrive Financial Literacy Quiz

The NUthrive Financial Literacy Quiz assesses key financial concepts and decision-making skills. It covers opportunity costs, budgeting, loan repayment, and savings growth, crucial for effective personal financial management.

Questions: 10 | Attempts: 87 | Last updated: Aug 16, 2025

Sample Question
If you give something up as a result of making a decision, you are incurring a(n) ______

Liquidity Problem

Net Cost

Opportunity Cost

None of the above

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12th Grade Financial System Quizzes, Questions & Answers

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