PFL Vocab

PFL Vocab

7th Grade

18 Qs

quiz-placeholder

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PFL Vocab

PFL Vocab

Assessment

Quiz

Mathematics

7th Grade

Easy

CCSS
7.RP.A.3, L.6.4C, RI.5.10

+13

Standards-aligned

Created by

Anonymous Anonymous

Used 17+ times

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets

Items a person OWNS with monetary value

Money a person OWES

The initial amount borrowed or saved

Expenses that occur regularly

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Budget

An employee's pay before any deductions are taken out

The tax on the net income of an individual or business

A plan to reach your financial goals

To deduct from income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Compound interest

Items a person OWNS with monetary value

a unit rate to compare prices

to deduct from income

Interest earned or paid on a principal and previous earned or paid interest

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fixed expenses

Expenses that occur regularly and stay the same

Money a person OWES

To deduct from income

A tax on the net income

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross Pay

Money a person OWES

To deduct from income

An employee's pay before any deductions are taken

a tax on the net income

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Income

Money that is paid to a person for goods, services, or investments

The initial amount of money borrowed or saved

Items a person OWNS with monetary value

A unit rate used to compare prices

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Income tax

An employee's pay before any deductions are taken

A plan to help you reach your financial goals

A tax on the net income of an individual or business

A percent of the cost of an item

Tags

CCSS.6.RP.A.3C

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