Financial Literacy and spiral review
5th Grade
•20 Qs
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Financial Literacy and spiral review
Quiz
•
Mathematics
•
5th Grade
•
Practice Problem
•
Medium
+14
Standards-aligned
Amy Broekhuis
Used 1K+ times
FREE Resource
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20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money that is taken out of a paycheck that goes to programs, like Social Security and Meidcare, that help people when they retire.
Property tax
Income tax
Sales tax
Payroll tax
Tags
CCSS.6.RP.A.3C
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mr. Mann owns a ranch that has 45 acres of land. Each year Mr. Mann pays $5,340 in taxes on the land for his ranch. Which type of tax does Mr. Mann pay?
Payroll Tax
Income Tax
Sales Tax
Property Tax
Tags
CCSS.RI.3.5
CCSS.RI.4.5
CCSS.RI.5.5
CCSS.RI.6.5
CCSS.RI.7.5
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Brooke spent $45.98, including tax, at the grocery store. Which type of tax did Brooke pay?
Payroll Tax
Income Tax
Sales Tax
Property Tax
Tags
CCSS.RI.4.5
CCSS.RI.5.3
CCSS.RI.5.5
CCSS.RI.6.3
CCSS.RI.6.5
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Isaiah has a summer internship at a technology company and is paid $3,000. After Federal and state taxes, Social Security, and Medicare are deducted, his take-home pay is $2,500. Which of the statements below is correct?
His gross pay is $2,500 and net pay is $3,000
His gross and net pay are $3,000
His gross and net pay are $2,500
His gross pay is $3,000 and net pay is $2,500
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ms. Harvey's take home pay is $6242.42
Without the payroll tax, her check would be $6767.67
How much is Ms. Harvey's Gross income?
$6242.42
$525.25
$6776.67
$6767.67
Tags
CCSS.6.NS.B.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Ms. Harvey's take home pay is $6242.42
Without the payroll tax, her check would be $6767.67
How much is Ms. Harvey's Net income?
$6242.42
$6767.67
$525.25
$6776.67
Tags
CCSS.6.NS.B.3
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Ms. Harvey's take home pay is $6242.42
Without the payroll tax, her check would be $6767.67
How much is the payroll tax?
$6242.42
$567.89
$525.25
$6767.67
Tags
CCSS.6.NS.B.3
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