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Mathematics

11th - 12th Grade

CCSS covered

Used 7+ times

Capital Gain Income
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Gross profit is calculated by...

Revenue - Expense

Revenue + Expense

Revenue - Liabilities

Revenue + Liabilities

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Examples may include salaries, utilities, rent, insurance, and office supplies.

Revenue
Expense
Net Income
Net Loss

Tags

CCSS.6.NS.C.5

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Which of the following means money spent?

income

expense

net income

gross income

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

When expenses are greater than income?

expense

net loss

net income

net gain

Tags

CCSS.6.NS.C.7C

5.

MULTIPLE CHOICE QUESTION

15 mins • 2 pts

A Net Profit occurs if:

Gross Profit is greater than expenses
Expenses greater than Gross Profit
None of the listed choices

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

15 mins • 2 pts

Media Image

The wealthiest people in the United States obtained their wealth through:

Inheritance

Wages and Earnings

Creating or buying assets that increased in value over time

Lottery Winnings

7.

MULTIPLE CHOICE QUESTION

15 mins • 2 pts

Media Image

Which of the following is NOT a capital assets?

Bank Account

Your Human Capital

Your Home

Mutual Funds

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