
Final Exam Review
Authored by Jennifer Florian
Business
9th Grade
Used 3+ times

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45 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your filing status on your tax return is based on what?
Your marital status.
Your income level.
Your occupation.
Your age.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of information should you not put on a resume?
personal information, including age, gender, and marital status.
your educational background and degrees.
your relevant work experience.
your professional skills and certifications.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Allowances are ________________ to the amount of income tax that must be withheld from your paycheck.
deductions
additions
multipliers
penalties
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a ________________ audit, the IRS sends a letter to the taxpayer, asking him or her to answer specific questions about the tax return.
Correspondence
Field
Office
Random
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rate × Hours Worked = __________________
Gross pay
Net pay
Tax withheld
Deductions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In most cases, the amount of "take-home pay" an employee receives is about what percentage of gross pay?
about 65 to 70 percent of gross pay.
about 80 to 85 percent of gross pay.
about 50 to 55 percent of gross pay.
about 90 to 95 percent of gross pay.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Checking your credit report frequently can help with early detection of ___________.
Identity theft
Credit score improvement
Loan approval
Tax refunds
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