Financial Literacy

Financial Literacy

5th Grade

10 Qs

quiz-placeholder

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Financial Literacy

Financial Literacy

Assessment

Quiz

Mathematics

5th Grade

Practice Problem

Medium

CCSS
4.OA.A.3, 6.RP.A.3D, 6.RP.A.3C

Standards-aligned

Created by

Maryam Gill

Used 39+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

_______ Income is the amount of money you make BEFORE taxes get taken out.

Gross Income

Net Income

Nasty Income

Catch Income

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

______ Income is the amount of money you make AFTER taxes get taken out.

Gross Income

Net Income

Nasty Income

Catch Income

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Lisa makes $1,236 a week. Her employer took out $335 for taxes and other deductions. She receives $901 on her paycheck to take home. What kind of income is this?

Gross Income

Net Income

Nasty Income

Catch Income

Tags

CCSS.4.OA.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You pay this tax on your home, farm or land.

Payroll tax

Income Tax

Property Tax

Sales Tax

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

I picked up a soda for $1.99 but I paid $2.15. This is example of...?

Income Tax

Payroll Tax

Property Tax

Sales Tax

Tags

CCSS.6.RP.A.3D

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Jenny made $45,000 last year but a percentage of it went to the government. This is an example of....

Income Tax

Payroll Tax

Property Tax

Sales Tax

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

I just got my paycheck and my employer took out money for medicare and social security. This is an example of....

Income Tax

Payroll Tax

Property Tax

Sales Tax

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