PFL & Data Quiz!

PFL & Data Quiz!

5th Grade

14 Qs

quiz-placeholder

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PFL & Data Quiz!

PFL & Data Quiz!

Assessment

Quiz

Mathematics

5th Grade

Hard

Created by

Ashley Vega

Used 2+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Susanne bought a rug for her home. Which tax did she pay as part of the total cost for the rug?

Income Tax

Payroll Tax

Property Tax

Sales Tax

Answer explanation

Yes! You must add the sales tax to get the total amount paid!

Income Tax: tax based on the income you make; it is subtracted from your gross income

Payroll Tax: subtracted from your gross income to pay for government programs like Social Security, Medicare, and unemployment

Property Tax: a tax you pay on houses, buildings, or land.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Rosa's salary is $450 each week. Her take-home pay for the week is $385. Complete the statement to describe Rosa's take-home pay.

Rosa's take-home pay is her​ (1)____ because taxes and deductions were​ (2)____.

  1. 1. net income
    2. added to her gross income

  1. 1. net income;
    2. subtracted from her gross income.

  1. 1. gross income;
    2. subtracted from her net income

  1. 1. gross income;
    2. added to her net income

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of these is NOT an example of a property tax?

Tax paid on the value of a farm a person owns

Tax paid on the value of a piece of land a person owns

Tax paid on the value of a piece of furniture a person owns

Tax paid on the value of a home a person owns

Answer explanation

Yes! Furniture will have sales tax added to the price. Property tax is for houses, buildings, and land.

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

The Pérez family has a net income of $3,620 each month. The table shows the Pérez family's expenses for a month. The amount of money put into savings is missing.

What is the greatest amount of money the Pérez family can put into savings each month and still have a balanced budget?

$720

$600

$710

$1,310

Answer explanation

Yes! You had to add up all the expenses, then subtract from their monthly income.

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Penelope earns $450 each month. Penelope made a list of her expenses for the month of May.

Which change can Penelope make to balance her budget for the month of May?

Increase her budgeted amount for savings by $20

Decrease her budgeted amount for entertainment by $20

Increase her budgeted amount for food by $10

Decrease her budgeted amount for clothing by $10

Answer explanation

Yes!

She cannot increase her budgeted amounts because she is already over budget.

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Media Image

Amelia made this list of her monthly expenses.

Amelia’s net income for the month is $2,135. How much money does she have for other expenses?

$3,535

$1,400

$885

$735

Answer explanation

Yes! You would have added all her expenses, then subtracted from her income.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these expenses is typically considered a fixed expense?

Entertainment

Rent

Clothing

Groceries

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