PFL Vocab
Authored by Anonymous Anonymous
Mathematics
7th Grade
CCSS covered
Used 17+ times
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18 questions
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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.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
CCSS.L.11-12.4C
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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