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Financial Literacy Vocabulary

Authored by Madison Lucas

Mathematics

5th Grade

Used 3+ times

Financial Literacy Vocabulary
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total tax an employer holds from a paycheck

Sales Tax

Payroll Tax

Property Tax

Net Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount of money put into an account

Deposit

Net Income

Withdrawal

Income Tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your total income before taxes are taken out

Deposit

Income Tax

Net Income

Gross Income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is based on the amount of money you earned

Sales Tax

Income Tax

Property Tax

Net Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money left after taxes

Income Tax

Net Income

Gross Income

Deposit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money added to the cost of an item

Property Tax

Sales Tax

Income Tax

Deposit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount taken out of an account

Income Tax

Payroll Tax

Deposit

Withdrawal

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