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Personal Financial Literacy

Authored by Jaclyn Meng

Mathematics

5th Grade

CCSS covered

Used 259+ times

Personal Financial Literacy
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13 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a yearly federal tax on the earnings of a person or business

Sales tax

Payroll tax

Income tax

Property tax

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a yearly tax on homes, land, and other property that helps pay for local needs such as schools, firefighters, etc.

Sales tax

Payroll tax

Income tax

Property tax

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money an employer withholds from a worker’s paycheck to fund federal programs such as Social Security and Medicare

Sales tax

Payroll tax

Income tax

Property tax

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a city or state tax added to the price of an item; collected by the seller

Sales tax

Income tax

Property tax

Payroll tax

Tags

CCSS.6.RP.A.3D

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A card issued by a bank that allows a user to buy items and services immediately and pay the cost at a later time.

Check

Credit card

Debit card

Electronic Payment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Written document asking a bank to pay a certain amount

from your account.

Check

Credit card

Debit card

Electronic Payment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A card issued by a bank that allows a user to

immediately use money from an account. You have a personal identification number (PIN) to keep it safe.

Check

Credit card

Debit card

Electronic Payment

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