
Finance Quiz
Quiz
•
Mathematics
•
5th Grade
•
Medium
+14
Standards-aligned
Erick Oynes
Used 1+ times
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26 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A deduction is
gross income
money added to your income
net income
money taken out of your income
Tags
CCSS.6.RP.A.3B
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Gross income is:
the total amount of money you earn
the amount of money you receive after decuctions are subtracted
the total amount of money you spend
sales taxes on items you buy
Tags
CCSS.3.OA.D.9
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Net income is:
the total amount of money you earn
the amount of money you receive after deductions are subtracted from your gross income
the amount of money that is taken away in the form of taxes
the hourly rate of pay
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Marco has the following deductions listed.
Federal Income tax: $44
Social Security tax: $23
Medicare tax: $5
Health Insurance: $24
What is the total amount of his deductions?
$39
$67
$91
$96
Tags
CCSS.3.OA.D.8
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
David's gross income: $127.25
David's deductions: $25.20
David's net pay: ?
$102.05
$102.45
$112.05
$152.45
Tags
CCSS.6.NS.B.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a "need"?
shelter
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an advantage of a debit card?
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