Personal Finance 3 Taxes/Finances
Quiz
•
Life Skills
•
9th - 12th Grade
•
Medium
Dawn Wisniewski
Used 4+ times
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All three are types of taxes except
Evaluation (Appraisal) Tax
Purchase (Sales) Tax
Earning (Income) Tax
Property (Real Estate) Tax
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AGI means:
Adjusted General Income
Adjusted Gross Income
Annual Gross Interest
Amended General Investment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income on which tax is computed: Gross income minus allowable deductions?
Net Income
Gross Income
Passive Income
Investment Income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income before allowable deductions:
Passive Income
Net Income
Investment Income
Gross Income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Includes wages, salary, commissions, fees, tips, and bonuses:
Earned Income
Gross Income
Passive Income
Investment Income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Results from business activites in which you do not directly participate, such as a limited partnership:
Passive Income
Net Income
Gross Income
Investment Income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money received in the form of dividends, interest, or rent from investments.
Gross Income
Investment Income
Earned Income
Passive Income
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