Personal Finance:  Taxes and Cash Flow

Personal Finance: Taxes and Cash Flow

7th - 8th Grade

10 Qs

quiz-placeholder

Similar activities

Juvenile Courts, Local Government, Economic Growth Unit Review

Juvenile Courts, Local Government, Economic Growth Unit Review

8th Grade - University

8 Qs

Republic of Texas Vocabulary

Republic of Texas Vocabulary

7th Grade

7 Qs

16th Amendment quiz by Daniel Miconi

16th Amendment quiz by Daniel Miconi

6th Grade - University

10 Qs

Causes of the Peasants Revolt

Causes of the Peasants Revolt

7th - 12th Grade

10 Qs

Reform Vocabulary.HallsvilleJH

Reform Vocabulary.HallsvilleJH

7th Grade

9 Qs

A.O.C.

A.O.C.

7th Grade

12 Qs

Road to the Revolution

Road to the Revolution

5th Grade - University

15 Qs

Personal Financial Literacy Pre-Test

Personal Financial Literacy Pre-Test

8th Grade

14 Qs

Personal Finance:  Taxes and Cash Flow

Personal Finance: Taxes and Cash Flow

Assessment

Quiz

History

7th - 8th Grade

Medium

Created by

Magdalena Bromberg

Used 6+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is negative cash flow?

Spending more money than you make

Money earned from investing in a stock market

Money you inherit

Money you get back from the government

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a positive cash flow?

Donating money to charity

spending less money than you make

investing in the stock market

getting money back form the government

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an income tax?

The tax people pay on items they buy

The tax people pay for driving on highways

The tax people pay on the amount of money they make

The tax people pay on their properties

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are payroll deductions?

The amount of money an employer gives to his/her employees

The amount of money an employer takes from a paycheck for mandatory expenses

The amount of money taken for employee training

The amount of money an employer steals from his/her employee

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People have the option of making voluntary deductions from their paychecks.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a voluntary deduction is:

Social Security

State Income Tax

Federal Income Tax

A charity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Net pay is defined as:

The amount of money spent on fishing nets

The amount of money made after taxes

The amount of money made at the end of every month

The amount of money spent on taxes

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?