Personal Finance Quiz
Authored by Kimberly Davis
Social Studies
12th Grade
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15 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is an example of income that is reported on a Form 1099?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is typically included in the “net pay” on a paystub?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following best describes the difference between salary and hourly wages?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following deductions is typically found on a paystub and contributes to an employee's net pay being less than their gross pay?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
How much does she have left for other expenses or savings?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
David wants to allocate 20% of his monthly income to savings. If his monthly income is $4,000, how much should he allocate to savings?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
Which of the following is an example of a variable expense that should be considered in a personal budget?
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