Civics

Civics

Assessment

Flashcard

Life Skills

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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15 questions

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1.

FLASHCARD QUESTION

Front

Something that you pay for is called...

Back

An Expense

2.

FLASHCARD QUESTION

Front

Money that you make is called...

Back

Income

3.

FLASHCARD QUESTION

Front

What is a budget

Back

A plan to manage income and expenses

4.

FLASHCARD QUESTION

Front

What type of tax does Jonathan have to pay for his new clothes costing $572.50 before tax? Options: Income Tax, Property Tax, Payroll Tax, Sales Tax

Back

Sales Tax

5.

FLASHCARD QUESTION

Front

Kimberly has to pay taxes on her annual salary and investments. Which type of tax is Kimberly paying?

Back

Income Tax

6.

FLASHCARD QUESTION

Front

Tax on the value of a house, building or land is called what?

Back

Property tax

7.

FLASHCARD QUESTION

Front

Tax Obligation

Back

A duty or obligation to pay all applicable taxes, interest, and penalties.

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