Finance Trivia

Take our 10-question finance/money trivia quiz to test your knowledge! Good luck!

1.  According to Founding Father Benjamin Franklin, which two are certain in life?
A. Debt and desire 
B. Death and taxes
C. Tariffs and taxes
D. Death and debt

2. What does the savings instrument CD stand for?
A. Certificate of debt
B. Certificate of deposit
C. Certified diploma
D. Certified document

3. Which document lists a company’s assets, liabilities, and equity?
A. 401(k)
B. Bank statement
C. Balance sheet
D. Form 1040

4. What is a budget?
A. Tight restrictions on spending
B. Tight restrictions on investment
C. A spending plan involving income and expenditure for a set period
D. An estimate of money you can save for retirement

5. Which action may be harmful to a credit score?
A. Closing a long-held credit card
B. Getting married
C. Getting a raise
D. Making on-time payments

6. What is the origin of the word money?
A. From the Latin word “moneta” meaning coin
B. From the Greek word “dunamis” meaning power, potential, or ability
C. From the Greek word ‘monos’ meaning alone or single
D. From the Indo-European word ‘meue’ meaning to move or push away

7. Which is not the responsibility of the IRS?
A. Provide tax assistance to taxpayers
B. Pursue and resolve erroneous tax filings
C. Oversee various benefit programs
D. Filing your tax return

8. Which of the President’s cabinet members oversees the IRS?
A. Secretary of State
B. Secretary of Commerce
C. Secretary of Agriculture
D. Secretary of Treasury

9. Which U.S. bill features Founding Father Benjamin Franklin?
A. $10 bill
B. $20 bill  
C. $50 bill
D. $100 bill

10. Which is the first decentralized cryptocurrency?
A. Dogecoin
B. Bitcoin
C. Non-fungible token
D. USD coin

Answer Key:
1. B
2. B
3. C
4. C
5. A
6. A
7. D
8. D
9. D
10. B