
Discretionary & Essential Expenses
Authored by Hannah Gonzales
Mathematics
9th - 12th Grade
CCSS covered
Used 5+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Gross income is:
the total amount of money you earn
the amount of money you receive after decuctions are subtracted
the total amount of money you spend
sales taxes on items you buy
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Gross income includes your personal wages as well as other income. This income is before any ____ are taken out
assets
expenses
dividends
taxes
Tags
CCSS.RI.11-12.3
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.3
CCSS.RI.9-10.5
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Is the amount of money left to spend and save after income tax has been deducted
discretionary income
disposable income
gross income
essential income
Tags
CCSS.6.RP.A.3B
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
This type of income is used by landlords to determine whether that person is a worthy borrower or renter. When filing income taxes, _____ is the starting point before subtracting deductions to determine the amount of tax owed
credit
disposable income
descretionary income
gross income
Tags
CCSS.RI.9-10.4
CCSS.RI.9-10.4
CCSS.RI.11-12.4
CCSS.RI.7.4
CCSS.RI.8.4
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
David's gross income: $127.25
David's deductions: $25.20
David's net pay (disposable income): ?
$102.05
$102.45
$112.05
$152.45
Tags
CCSS.6.NS.B.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money available to spend on goods and services that are not essential.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If we decide to go to Top Golf over Spring Break, it would be considered a __________.
Essential Expense
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