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Personal Finance: Unit Four Online Pre-Test

Authored by LORI BOWMAN

Mathematics

9th - 12th Grade

PF covered

Used 16+ times

Personal Finance: Unit Four Online Pre-Test
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30 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Working 15 hours a week would be considered

full-time employment

part-time employment

Tags

PF.EI.2.2.B

PF.EI.2.3.A

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Working 40 hours a week would be considered

full time employment

part time employment

Tags

PF.EI.2.2.B

PF.EI.2.3.A

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Minimum Wage is the ____________ rate per hour that a worker may be paid, as required by law.

top

average

highest

lowest

Tags

PF.EI.2.2.B

PF.EI.2.3.A

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

What is a check stub?

What you give to the bank to deposit.

The part of a paycheck that lists deductions from your salary

It is an envelope.

Tags

PF.EI.2.2.B

PF.EI.2.3.A

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

What does the term "withholding" mean in reference to your paycheck?

it is the amount of your paycheck that you are NOT being taxed on

it is how much is being taken out of your paycheck in taxes

it is how much you are going to owe the government when you file your annual tax return

it is how much you earn and includes salary, bonus and commissions

Tags

PF.EI.2.2.B

PF.EI.2.3.A

6.

MULTIPLE SELECT QUESTION

3 mins • 1 pt

Identify all of the required/mandatory deductions?

401K

Federal income tax

Social Security tax

Medicare tax

Tags

PF.EI.2.2.B

PF.EI.2.3.A

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Social security and Medicare fall under 

FICA 
State 
Federal 
401K

Tags

PF.EI.2.2.B

PF.EI.2.3.A

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