StEP Student Pre-assessment Question Title * 1. Student Name OK Question Title * 2. School Name OK Question Title * 3. Teacher Name OK Question Title * 4. What grade are you in? Second Third Fourth Fifth Sixth grade or above OK Question Title * 5. I set goals for myself often. never. OK Question Title * 6. A plan for spending and saving is called: a credit card. an account balance. a budget an investment. OK Question Title * 7. The Heaths earn $2,000 each month and spend $2,100. Which is the best action they can take to balance their budget? pay more taxes. spend less money. spend more money. get more credit cards. OK Question Title * 8. Because people can’t have everything they want, they must: open a checking account. increase their spending. pay taxes. make choices. OK Question Title * 9. Mr. Smith’s savings account balance last month was $700. He didn’t put any more money into his account this month, so he was surprised to see that his balance at the end of this month was $720. Where did the extra $20 come from? The bank made a mistake. He earned interest on his account. Somebody gave him a gift of $20 into his account. He forgot that he made a deposit. OK Question Title * 10. Jane earned $25 raking leaves. She spent $20 of the $25 on a video game. The $5 that she did not spend is called his: interest. savings. tax. investment. OK Question Title * 11. The best example of a long-term goal would be saving for a: college education. birthday present. video game. pair of basketball shoes. OK Question Title * 12. What item would you like to see sold at the StEP store? erasable pens. bookmarks. flash drives. stickers. OK DONE