OCS FINAL EXAM
Authored by Timothy Sinclair
Financial Education
12th Grade
Used 18+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we call the amount left over from your paycheck after taxes and deductions?
balance
gross balance
transaction
net pay
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plan for spending
income
expenses
sales tax
budget
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is an example of a variable expense?
car payment
mortgage
electricity bill
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of expenses are these, rent, car payment?
Crazy bills
Variable expense
Fixed expense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do we call the amount of money left over each month after you have paid all of your expenses?
Surplus
Straight cash homie
Debt
Diversification
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most reliable source for buying a used car is usually:
a rental car company
a police auction
a car dealer
private party sales
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tax comes out of your paycheck?
Sales
Property
Income
Payroll
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