INCOME AND EXPENSE STATEMENT

INCOME AND EXPENSE STATEMENT

9th - 12th Grade

10 Qs

quiz-placeholder

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INCOME AND EXPENSE STATEMENT

INCOME AND EXPENSE STATEMENT

Assessment

Quiz

Specialty

9th - 12th Grade

Medium

CCSS
6.NS.C.5, 7.NS.A.1A, 7.NS.A.1C

Standards-aligned

Created by

Leigh Heath

Used 336+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Money spent
income
expense
net income
gross income

Tags

CCSS.6.NS.C.5

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

an individual's income earned as salary or wages before taxes and other deductions
gross income
gross loss
net income
net loss

Tags

CCSS.6.NS.C.5

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

money received
net loss
net gain
insurance
income

Tags

CCSS.7.NS.A.1A

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

lists and summarizes income and expense transactions that have taken place over a specific period of time, usually a month or a year
mortgage
income and expense statement
net income
savings

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

product that transfers risk from an individual to an insurance company or organization
insurance
mortgage
expense
income

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

payment, usually monthly, applied to the balance of a home loan used when purchasing housing
insurance
expense
mortgage
income and expense statement

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

when income is greater than expenses
net income
net loss
gross income
net gain

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