Ch 16: Financial Planning

Ch 16: Financial Planning

9th - 11th Grade

46 Qs

quiz-placeholder

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Ch 16: Financial Planning

Ch 16: Financial Planning

Assessment

Quiz

Instructional Technology, Education

9th - 11th Grade

Practice Problem

Hard

Created by

Gerald Jost

Used 3+ times

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46 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A W-2 is a summary of a worker’s earnings for the previous year and includes the amount deducted for taxes.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A balance sheet reports assets, liabilities, and net worth on a given date.

True

False

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A cash flow statement examines changes in the value of your personal assets.

Type: True or False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A tax credit is the amount on which taxes are calculated.

True

False

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The process of good money management should start with knowing your current financial status.

Type:True or Falsse

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A cash flow statement can help you develop and determine budget categories.

True

False

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Tax laws and tax forms seldom change.

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