Financial Literacy PT 1 QUIZ
Authored by Kaytie Gill
Life Skills
8th Grade
Used 23+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is subtracted out of a paycheck?
Additions
Deductions
Bonuses
Allowances
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of deduction is chosen by the worker?
Involuntary
Mandatory
Voluntary
Compulsory
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What document provides details about your earnings?
Invoice
Receipt
Paystub
Ledger
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a way to keep money longer?
Spend
Save
Borrow
Invest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a way to put your money to work earning more?
Save
Spend
Invest
Donate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for pay that you earn before deductions?
Net Pay
Gross Pay
Salary
Wage
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you need to have in order to earn money?
Vacation
Job
Hobby
Loan
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