Banzai Post Test: Questions With Correct Solutions
A budget is.... Right Ans - A sum of money to be used for a particular
purpose.
A debit card is... Right Ans - Like a credit card, but it takes money directly
from your checking account.
A credit card is... Right Ans - A card that allows you to purchase now and
pay later and charges interest on the unpaid balance.
A checking account is... Right Ans - An account where the depositor can
write checks.
A savings account is... Right Ans - An account where money is stored and
returns a low interest rate.
You have $200. How do you keep track of it? Right Ans - Budget it by
splitting it amongst your current and future expenses.
What's it called when you spend more than you have? Right Ans - Debt
Why open a checking account? Right Ans - It's a safe place to store money.
It lets you use a debit card. It makes it easy for you to pay others-and for
others to pay you.
You're dying to see The Flaming Eyelashes in concert this summer. What's the
best way to cop a few tickets? Right Ans - Add "Entertainment" to your
budget and allocate some cash there each week.
You want to treat your BFF to some sushi. The total comes to $15.41. If you
add on a 20 percent tip, what's lunch going to cost you?
$18.49
$19.00
$17.43
$15.41-you don't leave a tip. Right Ans - $18.49
A budget is.... Right Ans - A sum of money to be used for a particular
purpose.
A debit card is... Right Ans - Like a credit card, but it takes money directly
from your checking account.
A credit card is... Right Ans - A card that allows you to purchase now and
pay later and charges interest on the unpaid balance.
A checking account is... Right Ans - An account where the depositor can
write checks.
A savings account is... Right Ans - An account where money is stored and
returns a low interest rate.
You have $200. How do you keep track of it? Right Ans - Budget it by
splitting it amongst your current and future expenses.
What's it called when you spend more than you have? Right Ans - Debt
Why open a checking account? Right Ans - It's a safe place to store money.
It lets you use a debit card. It makes it easy for you to pay others-and for
others to pay you.
You're dying to see The Flaming Eyelashes in concert this summer. What's the
best way to cop a few tickets? Right Ans - Add "Entertainment" to your
budget and allocate some cash there each week.
You want to treat your BFF to some sushi. The total comes to $15.41. If you
add on a 20 percent tip, what's lunch going to cost you?
$18.49
$19.00
$17.43
$15.41-you don't leave a tip. Right Ans - $18.49
