personal Econ/Decoding

personal Econ/Decoding

10th Grade

25 Qs

quiz-placeholder

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personal Econ/Decoding

personal Econ/Decoding

Assessment

Quiz

Social Studies

10th Grade

Hard

Created by

James Benson

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

includes the total amount of income that you earned during a pay period?

Medicare

Net pay

Gross pay

Federal tax amount

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is variable expenses?

Groceries, Dining out, Car repairs, Gasoline

Electric Bill, Cable bill, Mortgage/rent, Cell phone bill

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of fixed Expenses

electric bill, cable bill, mortgage/rent, cell phone bill

groceries, dining out, car repairs, gasoline

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is plans such as 401 K or 4o3 (B)

Year-to-date

retirement plan contributions

state tax amount

Leave time

5.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What type of pay period is determined by your employer

Bi - weekly

Bi - monthly

Yearly

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is a current liability?

Asset that can be converted into cash within 12 months

Asset that that cannot easily be into cash within 12 months

Monies that you owe and can pay off within a 12 month period

long term investments not intended to be converted into cash in the short term.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Fixed asset?

Asset that can be converted into cash within 12 months

Asset that that cannot easily be into cash within 12 months

long term investments not intended to be converted into cash in the short term.

money/monies that an individual or business owes to creditors.

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