WorksheetsQuiz Think Tank 4to March
Total questions: 10
Worksheet time: 5mins
What are "Expenses"?
The total money made before expenses
The total after expenses
The cost to make something
If the net income is a positive number
What is "Net income"?
The total after expenses
The cost to make something
If the net income is a positive number
If the net income is a negative number
What is "Gross income"?
The cost to make something
The total money made before expenses
The total after expenses
What is "Loss"?
If the net income is a positive number
The cost to make something
If the net income is a negative number
What is "Profit"?
If the net income is a positive number
The total money made before expenses
If the net income is a negative number
What is sales tax?
Money you get for saving in a bank
The state of Texas
A percentage of the cost of what you bought that you have to pay
The cost of living in an apartment
What is the common percentage for "Sale Tax"?
5%-10%
10%-15%
15%-20%
20%-25%
Why is paying taxes important?
It is not important
So we can have food in our table
Because taxes pay for roads and services like the police, fire and school departments
What are the main payment methods that we use in our daily lives?
-Trading
-Cryptocurrency
-Credit Card
-Cash
-Debit Card
-Credit Card
-Bitcoin
-Coupons
-Cash
Is using a credit card a good option to use every day?
No, it is only for emergencies
Yes, you should use it every day
