KOSSA prep Consume Math Quiz

This type of pay refers to the money you've made from working BEFORE any deductions.

• Cash Pay
• Net Pay
• Simple Pay
• Gross Pay

This type of pay refers to the amount of money you "bring home" after deductions have been taken out.

• Regular paycheck
• Net Pay
• Gross Pay
• Monthly Income

If you split up a case of candy to re-sell, you would have to figure out the ______ in order to determine the cost of each.

• Price Per Unit
• Unit Percentage
• Profit Margin
• Investment price

This term refers to the amount of money made after calculating and deducting how much has already been spent.

• Cost
• Principal
• Profit
• Debt

In business terms, _____ refers to the amount of money that has to be calculated to set up and buy merchandise/supplies.

• Profit
• Cost
• Fees
• Dues

A class trip to the city will cost $579.60.  If 36 students in the class share the cost, how much will each student have to pay?

• $208.66
• $16.11
• $32.22
• $179.17

Shelly goes to Sam's Club and buys a case of chips to sell to her friends for $35.50.  The case has 60 individual bags.  Calculate the price per unit (price of each bag).

• $21.30
• $1. 07
• $0.55
• $0.59

Greg is earning money to pay for a trip to the beach this summer that is going to cost $749.  Greg is mowing lawns and charges $30 per yard mowed.  How many laws will Greg have to mow to pay for his trip?

• 24
• 12
• 25
• 27

When balancing a checkbook, you should reconcile your checkbook:

• Daily
• Weekly
• Monthly
• Yearly

When reconciling your checkbook, all money spent is called a _______.

• Debit
• Deduction
• Deposit
• Withdrawl