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Venture: Entrepreneurial Expedition

Authored by Melanie Fuller

Business

9th - 12th Grade

Used 6+ times

Venture:  Entrepreneurial Expedition
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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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