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Financial Capability - Income

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

This is payment to a person for work undertaken, usually worked out on an hourly basis

a)

Salary

b)

Wages

c)

Interest received

d)

Fees

2.

This is payment made fortnightly or monthly to an employee based on a fixed yearly amount

a)

Salary

b)

Wages

c)

Interest received

d)

Fees

3.

This is payment in return for holding cash in the bank

a)

Salary

b)

Wages

c)

Interest received

d)

Fees

4.

This is payment in return for providing a service to someone e.g. an Accountant

a)

Salary

b)

Wages

c)

Interest received

d)

Fees

5.

This is the reward for owning shares in a company

a)

Salary

b)

Dividends

c)

Interest received

d)

Fees

6.

I you Bob had a salary of $36,000 a year this would mean that his monthly income would be

a)

$1,000

b)

$2,000

c)

$3,000

d)

$4,000

7.

If Sarah had an hourly wage of $22 and she worked 30 hours in a week, she would earn

a)

$600

b)

$630

c)

$660

d)

$680

8.

An example of a Government transfer payment is NOT

a)

sickness benefit

b)

superannuation

c)

childcare support

d)

bonus

9.

What is always coming, but never arrives?

(a)  

10.

You bury me when I am alive, you dig me up when I die, what am I? A . . . . .

(a)