Venture: Entrepreneurial Expedition
Authored by Melanie Fuller
Business
9th - 12th Grade
Used 6+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are taxes?
Taxes are sources of income.
Taxes are optional payments you
make to state and local governments.
Taxes are refunds you receive for
overpayment.
Taxes are mandatory payments you make to state and local governments
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an
example of a tax you must pay?
Late fee
Social Security
Bounced check
Rental payment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an
example of a tax?
line of credit
cash payment
medicare
rental payment
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When is a budget considered to be
balanced?
When the amount you earn is equal
or less than to the amount you spend.
When the amount you spend is equal or less than the amount you earn
When the amount you spend is
greater than the amount you earn.
When the amount you save is less
than the amount you spend.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a
variable expense?
student loan payments
rental payments
health insurance
groceries
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a
fixed expense?
rental payment
movie tickets
cell phone bill
internet service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a fixed
expense?
rental payments
movie tickets
groceries
clothing purchases
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