Financial Literacy
5th Grade
•18 Qs
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Financial Literacy
Quiz
•
Mathematics
•
5th Grade
•
Practice Problem
•
Medium
+3
Standards-aligned
Ms. DELOME
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income Tax
taxes paid by employee based on their paycheck
money added to the cost of a good or service
money paid in the portion of the value of property
Taxes taken out of an employees paycheck by their employer
Tags
CCSS.6.RP.A.3D
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gross Income
income that is left after taxes
money added to the cost of a good or service
money paid in the portion of the value of property
total income before taxes
Tags
CCSS.3.OA.D.9
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net Income
income that is left after taxes
money added to the cost of a good or service
money paid in the portion of the value of property
total income before taxes
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Property Tax
income that is left after taxes
money added to the cost of a good or service
money paid in the portion of the value of property
total income before taxes
Tags
CCSS.6.RP.A.3B
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Budget
A plan on what you will spend or save in a certain period of time
How much money you gain
When expenses and income are equal
How much money you lose
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balanced Budget
A plan on what you will spend or save in a certain period of time
How much money you gain
When expenses and income are equal
How much money you lose
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenses
A plan on what you will spend or save in a certain period of time
How much money you gain
When expenses and income are equal
How much money you lose
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