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WorksheetsPersonal Finance
Total questions: 15
Worksheet time: 5mins
Name
Class
Date
1.
The cost of living in the country
a)
Income Tax
b)
Tax
c)
Taxable Income
d)
Indirect Tax
2.
The amount of money paid either monthly or biweekly
a)
Income
b)
Salary
c)
Hourly Pay
d)
Deposit
3.
In the United States, the money is called
a)
franc
b)
pound
c)
dollar
d)
yen
4.
A plan for how to manage your money is called a ?
a)
income
b)
budget
c)
expense
d)
investment
5.
money earned
a)
salary
b)
income
c)
purchase
d)
spend
6.
BIR stands for
(a)
7.
Two types of Taxes
(a)
8.
A direct tax that a government levies on the income of its citizen.
a)
Direct Tax
b)
Income Tax
c)
Taxable Income
d)
Taxes
9.
VAT, ENTERTAINMENT TAX, LUXURY TAX ARE
(a)
10.
funds that are collected by the Government Tax Agency
(a)
11.
IRS stands for
(a)
12.
GSIS stands for
(a)
13.
SSS stands for
(a)
14.
The amount of income subject to tax
(a)
15.
Occurs whenever an assets is sold for more than its original cost
(a)
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