WorksheetsChapter 3 Personal Finances
Total questions: 11
Worksheet time: 6mins
True/False: With a debit card the money is automatically and immediately transferred out of your bank account.
True
False
True/False: If you are an hourly employee, the amount of your paycheck will be the same each week.
True
False
True/False: Staying on budget means using your money according to your plan.
True
False
True/False: Personal finances include funds earn and save.
True
False
True/False: The numerator is the number printed on money that tells you what it's worth.
True
False
True/False: A surplus occurs when the amount spent is more than the amount taken in.
True
False
True/False: A budget is a plan for spending and saving money.
True
False
True/False: FICA represents federal and state taxes.
True
False
True/False: Gross Income represents earnings before taxes.
True
False
Which item is NOT asset.
Bicycle
Cash
Soccer team registration fee
Savings Account
Which item is NOT a liability?
Loan from Dad
Clothing
Payment for the lamp you broke
Class fee
