Financial Literacy
Quiz
•
Mathematics
•
5th Grade
•
Hard
+12
Standards-aligned
Alexandra Pietrzak
Used 8+ times
FREE Resource
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14 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A tax based on purchased goods and services.
Payroll Tax
Income Tax
Property Tax
Sales Tax
Tags
CCSS.7.EE.B.3
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A tax based on an employee's wages. It is paid by the employee.
A Tax
Income Tax
Property Tax
Sales Tax
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A tax paid on buildings or land by the owner.
Payroll Tax
Income Tax
Property Tax
Sales Tax
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money a person makes BEFORE taxes and other deductions.
Gross Income
Net Income
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The amount of money a person makes AFTER taxes and other deductions are taken out.
Gross Income
Net Income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money you make to spend.
Income amount
Expense amount
Tags
CCSS.7.EE.B.3
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Alex purchases 2 comic books for $5 each and a set of trading cards for $10. He gives the clerk $20, but he needs more money to pay for the tax. Which tax does Alex need to pay?
Tags
CCSS.L.6.6
CCSS.RI.4.4
CCSS.RI.5.4
CCSS.W.5.2D
CCSS.W.6.2D
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