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Financial Management Review

Authored by Mrs Aala

Other

8th Grade

Used 2+ times

Financial Management Review
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6 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The total amount of earnings made over a one-year period after all deductions have been taken is known as

Gross Annual Income

Gross Monthly Income

Net Annual Income

Net Monthly Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Social Security

A private insurance system just for the elderly

A free insurance system

The amount of money someone has

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who pays into Social Security?

Employees

Self-employed

Employers

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who pays taxes?

Most people who have jobs

Most people who purchase items

Most people who own property

All the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The purpose of taxes is to

Improve roads

Support the government

Pay retirement benefits

All the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three main types of taxes?

Income, sales, and property

Unemployment, sales, and property

Federal income, unemployment, and state

Sales, property, and unemployment

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