
Personal Finance Vocabulary
Authored by Stacey Tapia
Mathematics
5th Grade
CCSS covered
Used 2+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Felix lives in a large city. He pays taxes based on how much money he earns. This tax is called:
Property tax
Sales tax
Income tax
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Jack buys Mrs. Tapia some chocolate because he knows how much she loves chocolate. The chocolate is .99 cents but when he pays at the register, the item rings up as $1.08 because a tax was added to the cost. What is this tax called?
Income tax
Property tax
Payroll tax
Sales tax
Tags
CCSS.7.EE.B.3
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the difference between Net Income and Gross Income?
Net income is the amount BEFORE deductions
Gross income is the amount AFTER deductions
Gross income is the amount BEFORE deductions
Tags
CCSS.6.RP.A.3B
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Mrs. Tapia creates a spreadsheet each month of the amount of money she spends on bills, food, and unicorns. This is called a:
Debit Card
Credit Worthy
Electronic Payments
Budget
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the difference between a debit card and a credit card?
A debit card is connected to your checking account.
A credit card is connected to your checking account.
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