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Chapter 2

Authored by Joshua Salsbury

Financial Education

12th Grade

Used 11+ times

Chapter 2
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14 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is found on a W-2 form?

Income

taxes withheld

Income and amount of taxes withheld given to you by your employer

employee's withholding allowance

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is found on a W-4 form?

Income

taxes withheld

Income and amount of taxes withheld given to you by your employer

Employee withholding allowance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A wealth tax based on the assessed value of owned real estate?

property tax

excise tax

interest

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money earned on savings accounts and funds.

excise tax

sales tax

interest

use tax

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The form you can use to file your taxes

1040

W-9

W-2

W-007

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a set fee or percentage of a sale paid to an employee in addition to regular hours?

benefits

overtime pay

comission

profit sharing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Paid time away from work for personal reasons

sick leave

professional leave

personal leave

business leave

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