Financial Literacy Vocabulary

Quiz
•
Mathematics
•
5th Grade
•
Medium
Richard Dismuke
Used 9+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Additional money paid for items/services that are bought (retail items)
Sales Tax
Property Tax
Payroll Tax
Income Tax
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Additional money paid for LAND or any BUILDINGS on the land
Sales Tax
Property Tax
Payroll Tax
Income Tax
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Money taken out of an employee's check BEFORE they are paid (paid by the company)
Sales Tax
Property Tax
Payroll Tax
Income Tax
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Money paid by an EMPLOYEE on the money they earn
Sales Tax
Property Tax
Payroll Tax
Income Tax
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Amount of money you have to be able to spend
Income
Budget
Payroll
Expenses
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
When expenses and income are equal
Balanced Budget
Budget
Gross Income
Net Income
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Things that are paid for (bills, groceries, gas, savings, etc)
Expenses
Budget
Taxes
Income
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