Financial Literacy
Flashcard
•
Mathematics
•
5th Grade
•
Easy
+5
Standards-aligned
Tiffany Rorabaw
Used 15+ times
FREE Resource
Student preview
14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
income
Back
money earned
2.
FLASHCARD QUESTION
Front
tax
Back
money paid to the government in exchange for services
3.
FLASHCARD QUESTION
Front
payroll tax
Back
money an employer withholds from an employee's earning
4.
FLASHCARD QUESTION
Front
sales tax
Back
money added to the cost of items or services; rate varies from states and cities
Tags
CCSS.6.RP.A.3D
5.
FLASHCARD QUESTION
Front
property tax
Back
money paid to the local government based on property owned
6.
FLASHCARD QUESTION
Front
net income
Back
income left after taxes are taken out of the gross income
7.
FLASHCARD QUESTION
Front
gross income
Back
income before any taxes are taken out of it
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