Personal Financial Literacy Vocabulary
Authored by Steven Garza
Mathematics
5th Grade
CCSS covered
Used 6+ times
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7 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Taxes paid for owning a house or land is
Sales Tax
Property Tax
City Tax
Income Tax
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Taxes paid for money you earn by working is
Property Tax
City Tax
Income Tax
Waste Tax
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Taxes paid on items, goods or services purchased from a business is
Sales Tax
Income Tax
Property Tax
City Tax
Tags
CCSS.6.RP.A.3B
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What are taxes used for?
The President's pay check
Government uses it to fix roads or schools
The money is given to the poor
The money is given back to the people who work
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is Gross Income
All of the money you earn before taxes are taken away
The money you keep after taxes are taken away
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is net income?
All of the money you earn before taxes are taken away
The money you keep after taxes are taken away
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Is the sales tax the same percent in every state?
yes
no
Tags
CCSS.6.RP.A.3C
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