What’s the name of the special badge that shows how much of something (like a house or business) belongs to someone?
Supremacy
Equality
Equity
Prosperity
Correct!
Wrong!
If you help your neighbour wash her car and she gives you some money after, what’s that money called?
Ransom
Wage
Allowance
Stipend
Correct!
Wrong!
Your friend just received his allowance for the week, and he made a plan for how he intends to spend it to make it last the whole week. What’s the name of that plan?
Cost
Finances
Budget
Account
Correct!
Wrong!
What is it called when money is added to your account?
Debit
Credit
Extra
Payment
Correct!
Wrong!
How do you decide how valuable a toy you want to buy is?
Determination
Estimation
Decision
Valuation
Correct!
Wrong!
How does the government get the money they use to run schools, hospitals, and roads?
Tax
Donation
Offering
Refund
Correct!
Wrong!
If an item makes you happy, the utility is _________.
Small/Low
Mini
Cheap
Big/High
Correct!
Wrong!
___________ is when you take some part of your allowance or gifts and put it inside your piggy bank until you need it.
Spending
Keeping
Reservings
Savings
Correct!
Wrong!
What is the money that's left after taking away all the costs and taxes from the total money earned?
Profit Income
Net Income
Main Income
Gross Income
Correct!
Wrong!
Which of these is not an asset?
Money in your piggy bank
Your bicycle
Money you owe your friend
Your lunch money
Correct!
Wrong!
What is the extra money you get when you save your money with PiggyVest or put it in the bank?
Incentive
Prize
Interest
Bonus
Correct!
Wrong!
What’s the name of the special loan the bank gives to you when you want to buy a house?
Mortgage
Lease
Rent
Home allowance
Correct!
Wrong!
What kind of income do you get from things you set up, like investments or renting out properties?
Active Income
Dynamic Income
Passive Income
Revenue Income
Correct!
Wrong!
What is the special type of bank account that belongs to more than one person?
Family Account
Joint Account
Group Account
Unified Account
Correct!
Wrong!
Imagine you run a business in the neighbourhood. If you want to know who your customers are and where to find them, what do you use?
KYC
KJA
KYN
KYB
Correct!
Wrong!
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QUIZ: A to Z of Finance
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