Money Matters Fall 2019 Final Exam Review

Money Matters Fall 2019 Final Exam Review

10th - 12th Grade

68 Qs

quiz-placeholder

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Money Matters Fall 2019 Final Exam Review

Money Matters Fall 2019 Final Exam Review

Assessment

Quiz

10th - 12th Grade

Medium

CCSS
RI.11-12.5, 7.RP.A.3, RI.9-10.4

+14

Standards-aligned

Created by

Rick Sapp

Used 10+ times

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68 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

Who primarily uses our tax money? (hint: choose 2 correct answers)

Your employer

The state government

The Federal government

Local Businesses

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Our tax money is spent on all of the following EXCEPT:

Social Security

The Military

Private School Education

National Parks

Tags

CCSS.6.RP.A.3B

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

Which of the following is NOT a category in the Federal government's spending?

Mandatory spending

Discretionary spending

Interest on loans issued

Interest on national debt

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Media Image

What types of taxes contribute to Federal tax revenue? ( hint: choose 4 correct answers :)

Corporate Income Tax

Income Tax

Estate Tax

Excise Tax

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The W-4 form lets...

the government know how much you paid in taxes last year

your employer know how much to withhold from your paycheck

the 3 major credit bureaus know how many dependents you have

you know how much you paid in taxes last year

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

What item would you DEFINITELY see on a paystub?

Retirement

Healthcare

Gross Pay

Your occupation/role

Tags

CCSS.6.NS.B.3

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

The more allowances you claim on your W-4...

The more money you will see in your paycheck

The less money you will see in your paycheck

The # of allowances has no impact on your paycheck

You don't claim allowances on a W-4

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