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Financial Literacy

Authored by Hannah Clark

Mathematics

KG - University

CCSS covered

Used 276+ times

Financial Literacy
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29 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mr. Porter wants to spend an extra $150 this weekend on a family outing tot he state fair. Which of the following could be a way to adjust his budget to allow for the extra expense?

Work fewer hours this week
Work overtime
Give money to charity
Increase gasoline usage

Tags

CCSS.6.NS.B.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is Mr. Simon's budget balanced?

When his monthly expenses are greater than his total income.
When his income is greater than his expenses
When his weekly expenses are greater than his monthly income
When his income is equal to his expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Savannah earned $1300.00 at her job. Her paycheck was made out in the amount of $973.22. What kind of tax was taken out of her earnings?

sales
payroll
income
property

Tags

CCSS.L.11-12.6

CCSS.RI.5.4

CCSS.L.4.6

CCSS.RI.3.4

CCSS.W.9-10.2D

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Alex bought a new car priced at $13,840 but he paid $14,597. What kind of tax did he pay?

property
payroll
income
sales

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A city collects money from the people who live in it to pay for police protection and other city services. People who own houses or land pay this tax. What kind of tax is this?

sales
income
property
payroll

Tags

CCSS.L.11-12.6

CCSS.RI.5.4

CCSS.L.9-10.6

CCSS.RI.4.4

CCSS.W.8.2D

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Everybody who earns money has to pay taxes to the government. What kind of tax is this?

payroll
sales
income
government

Tags

CCSS.RI.11-12.5

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.6.3

CCSS.RI.8.5

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dan earns $436.54 a week at his job. $102.38 is taken out and he takes home $334.16. What does $436.54 represent?

net income
sales tax
gross income
payroll tax

Tags

CCSS.7.EE.B.3

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