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FREE INTERACTIVE PRACTICE · UNIT 3

Personal Saving, Borrowing, Business Finance, and Accounting

Check whether students can connect personal saving and credit decisions to business funding, calculations, and financial statements.

5multiple-choice questionsNOWimmediate explanations1written decision prompt

Question → reasoning → application

UNIT 3 · COURSE-ALIGNED CHECK

Answer first. Read the explanation second.

These are independent, teacher-developed questions aligned to the effective Fall 2026 framework. They are not official College Board or textbook questions.

YOUR PROGRESS0 / 5 answered
Explanations appear after each answer
01
SAVING AND LIQUIDITYChoose the best answer.

A household expects an uncertain car repair within the next several months. Where should money for that risk generally be held?

Choose one answer to reveal the reasoning.

02
CREDITChoose the best answer.

Which behavior most directly strengthens the payment-history component of a consumer credit score?

Choose one answer to reveal the reasoning.

03
FINANCIAL CAPITALChoose the best answer.

A founder wants funding without a required monthly repayment but is willing to share ownership and future profit. Which source best matches that preference?

Choose one answer to reveal the reasoning.

04
BREAK-EVENChoose the best answer.

A product has $12,000 in fixed costs, a selling price of $30, and a variable cost of $18 per unit. How many units must be sold to break even?

Choose one answer to reveal the reasoning.

05
CASH FLOWChoose the best answer.

A business reports positive net income but repeatedly has negative operating cash flow because customers pay invoices very slowly. Which response most directly addresses the immediate problem?

Choose one answer to reveal the reasoning.

APPLY · WRITTEN DECISION

Read the business before recommending

A small business reports $90,000 revenue, $54,000 COGS, $25,000 operating expenses, $5,000 cash, and $12,000 current liabilities. Calculate gross profit and operating profit, identify the most urgent financial concern, and recommend one evidence-based action.

Reveal the teacher check
  • Gross profit of $36,000 and operating profit of $11,000
  • Recognition that profitability does not remove the short-term liquidity concern
  • A feasible action tied to collections, terms, costs, or working capital
  • An explanation of the tradeoff or additional evidence needed

CONTINUE THE COURSE

Next: Management and strategy

Check whether students can align people, evidence, criteria, and strategic frameworks with a defensible business decision.

Open Unit 4 practice →

FROM PRACTICE BACK TO TEACHING

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