Mastering Money: Enhance Your Financial Literacy in Foreign Language

Question 1

How many cents are there in a quarter?

Accepted Answer

25

Answer

50

Answer

75

Answer

100

Question 2

Which of these is a good way to save money?

Accepted Answer

Spending less than you earn

Answer

Borrowing money from friends

Answer

Investing in risky stocks

Answer

Going into debt

Question 3

What is the name of the coin that is worth 10 cents?

Accepted Answer

Dime

Answer

Nickel

Answer

Penny

Answer

Quarter

Question 4

Which of these is the correct way to write 'fifty dollars' in Spanish?

Accepted Answer

cincuenta dólares

Answer

cincuenta dolares

Answer

cinqueanta dolares

Answer

cincuanta dollares

Question 5

Which of these coins is the most valuable?

Accepted Answer

quarter

Answer

penny

Answer

nickel

Answer

dime

Question 6

What is the name of the currency used in the United States?

Accepted Answer

dollar

Answer

euro

Answer

pound

Answer

yen

Question 7

How many cents are there in a dollar?

Accepted Answer

100

Answer

10

Answer

1000

Answer

10000

Question 8

What is the Spanish word for 'cash'?

Accepted Answer

efectivo

Answer

dinero

Answer

monedas

Answer

billetes

Question 9

In Spanish, how do you correctly say "ten dollars"?

Accepted Answer

Diez dólares

Answer

Doce dólares

Answer

Cien dólares

Question 10

What is the value of a dime?

Accepted Answer

Ten cents

Answer

Five cents

Answer

Twenty-five cents

Question 11

In Spanish, which phrase is the most appropriate way to ask "How much does this cost?"

Accepted Answer

¿Cuánto cuesta esto?

Answer

¿Cuánto vale esto?

Answer

¿Cuánto es?

Question 12

Which of the following is NOT a method of paying for goods or services?

Accepted Answer

Bartering

Answer

Cash

Answer

Credit card

Question 13

You have a total bill of $32.50 and decide to tip your server 15%. What is the appropriate tip amount?

Accepted Answer

$4.88

Answer

$5.00

Answer

$5.50

Question 14

Which of the following is a responsible strategy for managing your finances?

Accepted Answer

Create a budget

Answer

Spend money without thinking

Answer

Borrow excessive amounts of money

Question 15

Which of these is NOT a place where you can manage your money?

Accepted Answer

Insurance company

Answer

Bank

Answer

Credit union

Answer

Investment firm

Question 16

What is the currency used in the United States called?

Accepted Answer

Dollar

Answer

Euro

Answer

Pound

Answer

Yen

Question 17

Which of the following coins has the lowest value?

Accepted Answer

Penny

Answer

Nickel

Answer

Dime

Answer

Quarter

Question 18

What is the most effective strategy to prevent overspending while shopping?

Accepted Answer

Plan a budget

Answer

Carry only cash

Answer

Use a credit card

Answer

Borrow money from a friend

Question 19

Which of the following is a wise financial goal?

Accepted Answer

Saving money for a car purchase

Answer

Purchasing a lottery ticket

Answer

Spending all available funds on entertainment

Answer

Borrowing money from a payday lender

Question 20

If you buy a candy bar for 75 cents and pay with a dollar, how much change will you receive?

Accepted Answer

25 cents

Answer

15 cents

Answer

35 cents

Answer

45 cents

Question 21

Which of the following is a tip you should follow when handling money?

Accepted Answer

Count it before and after exchanging

Answer

Fold it neatly

Answer

Draw on it

Answer

Keep it loose in your pocket

Question 22

If you buy a notebook for $2.50 and a pen for $1.25, how much will you spend in total?

Accepted Answer

$3.50

Answer

$3.00

Answer

$4.00

Answer

$4.50

Question 23

A T-shirt costs $15.99. If you pay with a $20 bill, how much change will you receive?

Accepted Answer

$4.01

Answer

$4.99

Answer

$5.99

Answer

$6.01

Question 24

You are comparing prices of the same item at two different stores. Store A sells it for $12.99 and Store B sells it for $11.88. Which store has the better deal?

Accepted Answer

Store B

Answer

Store A

Answer

Both stores have the same deal

Answer

Cannot determine from the given information

Question 25

Which of the following financial institutions is responsible for printing and distributing money in the United States?

Accepted Answer

The Federal Reserve

Answer

The Treasury Department

Answer

The Department of Commerce

Answer

The Securities and Exchange Commission

Question 26

What is the currency symbol for the United States dollar?

Accepted Answer

$

Answer

€

Answer

£

Answer

¥

Question 27

What is the nickname for the US $100 bill?

Accepted Answer

Benjamin

Answer

Hamilton

Answer

Jefferson

Answer

Lincoln

Question 28

After receiving change from a purchase, what should be the first step you take?

Accepted Answer

Count the change immediately

Answer

Put the change in your pocket

Answer

Check for counterfeit bills

Answer

Give the change to a friend

Question 29

Which of the following is NOT a smart reason to save money?

Accepted Answer

To buy unnecessary items

Answer

For future expenses

Answer

For emergencies

Answer

For investment

Question 30

Which of the following is the grammatically correct way to express "five dollars and sixty-three cents" in Spanish?

Accepted Answer

Cinco dólares y sesenta y tres centavos

Answer

Cinco dólares, sesenta y tres centavos

Answer

Cinco dólares sesenta y tres

Answer

Seis dólares treinta y cinco centavos

Question 31

Which of the following is considered responsible credit card use?

Accepted Answer

Using the card for convenience and paying it off in full each month

Answer

Paying only the minimum amount due each month

Answer

Borrowing more money than you can afford to pay back

Answer

Making only large purchases and paying them off right away

Question 32

If you have a part-time job, what is a wise reason to save money from your paycheck?

Accepted Answer

To have a safety net for unexpected expenses

Answer

To buy something you want right now

Answer

To impress your friends

Answer

To avoid paying taxes

Question 33

Which of the following is not considered a unit of currency in the United States?

Accepted Answer

Euro

Answer

Dollar

Answer

Cent

Question 34

Select the correct way to write the amount twenty-five dollars and ninety-nine cents.

Accepted Answer

$25.99

Answer

$99.25

Answer

25 dollars 99 cents

Answer

25$99

Question 35

Which of the following is an effective money-saving strategy?

Accepted Answer

Create a budget

Answer

Buy everything you see

Answer

Borrow money from friends

Answer

Spend all your money at once

Question 36

What is the primary purpose of a debit card?

Accepted Answer

To make purchases using funds directly from your bank account

Answer

To withdraw cash from an ATM

Answer

To store physical cash

Question 37

Select the option that is not an advantage of using a credit card.

Accepted Answer

No interest charges

Answer

Convenience

Answer

Easier budgeting

Answer

Rewards

Question 38

Which of the following is a method of earning money?

Accepted Answer

Getting a job

Answer

Borrowing money from parents

Answer

Winning the lottery

Question 39

Identify the primary reason for saving money.

Accepted Answer

To ensure financial security and prepare for the future

Answer

To avoid paying taxes

Answer

To impress others