Monthly rent payments are an example of a(n) _____ expense.
Financial Literacy FINAL Test Review

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•
Business
•
10th Grade
•
Hard
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40 questions
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1.
FLASHCARD QUESTION
Front
Back
fixed
2.
FLASHCARD QUESTION
Front
Obligations to be paid over a long period of time are _____.
Back
long-term liabilities
3.
FLASHCARD QUESTION
Front
Eligible workers who work more than _____ hours per week must receive overtime pay at least _____ times their regular hourly rate.
Back
40, 1.5
4.
FLASHCARD QUESTION
Front
The Employee's Withholding Certificate is a federal tax form that is also called the _____?
Back
Form W-4
5.
FLASHCARD QUESTION
Front
A(n) _____ is a report containing information used to calculate taxes owed by the taxpayer.
Back
tax return
6.
FLASHCARD QUESTION
Front
What is it called when the federal government spends more money than it collects?
Back
deficit spending
7.
FLASHCARD QUESTION
Front
Which federal program pays for certain health-care expenses for older citizens and others with disabilities?
Back
Medicare
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