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Finance Knowledge

Authored by Joan Kephart

Life Skills

7th Grade

Used 13K+ times

Finance Knowledge
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is how much a person earns for every hour worked

net pay

gross pay

hourly pay

salary

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is how much is actually earned before deductions are taken out of the paycheck

gross pay

net pay

hourly pay

salary

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is money taken out of a person's paycheck such as for taxes or health insurance

reduction

deduction

induction

preduction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is how much money a person takes home after deductions

gross pay

net pay

hourly pay

salary

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is an order to pay money from you checking account to a person or company

balance

withdrawal

deposit

check

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is putting money into a bank account

withdrawal

induction

deposit

supply

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is a paper you fill out to show how much money you are depositing

withdrawal slip

checkbook register

deposit slip

passbook

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