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Finance Quiz
Finance Quiz
1. What is a credit score?
A measure of an individual's health
A number representing an individual's creditworthiness
A measure of how much money an individual has
A number representing an individual's creditworthiness
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2. What is the purpose of a budget?
To keep track of time
To manage income and expenses
To measure physical fitness
To plan for vacations
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3. What does ROI stand for?
Rate of Interest
Return on Investment
Return on Investment
Rate of Income
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4. What is a mutual fund?
A pool of money collected from many investors
A type of savings account
A loan given to individuals
An insurance policy
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5. What is an emergency fund?
Savings set aside for unexpected expenses
Money invested in stocks
Funds used for vacations
Savings for a new car
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