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Assessment 3 Review Finance

Authored by Aylin Alptekin

Business

6th - 8th Grade

Used 1+ times

Assessment 3 Review Finance
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You work part-time for $9.50 an hour. You work for 15 hours this week, how much is your gross pay?

$ 24.50

$ 142.50

$ 155.00

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is net pay?

The total earnings on your paycheck

Three taxes that everyone must pay

How much a person is worth in total

The amount of your paycheck after taxes are taken out

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is gross earnings?

The total amount of wages on your paycheck

Three taxes that everyone must pay

How much a person is worth in total

The amount of your paycheck after taxes are taken out

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

withheld from an employee’s wages or salary

disposable income

payroll taxes

workers compensation

earned income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money received on a regular basis for work or through investments

Values

Taxes

Income

Fixed Cost

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Required payments to a government

Variable Cost

Gross Monthly Income

Taxes

Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total amount of earnings made over a month before any deductions

Net Monthly Income

Gross Monthly Income

Income Tax

Social Security

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