WorksheetsCh. 16 Vocabulary
Total questions: 24
Worksheet time: 12mins
Any difference between actual money spent and budget amount of money
(a)
A charge imposed by a government to finance public service
(a)
Results from wages, salary, commission, fees, tips and bonuses.
(a)
Result of earnings from dividends, interest and rent.
(a)
An amount that reduces taxable income. All taxpayers are eligible for a standard (a) , an amount on which no taxes are paid.
A tax deduction for the taxpayer, a spouse and each dependent
(a)
An amount subtracted directly from taxes owed.
(a)
A report that summarizes your current financial condition.
(a)
A tax-sheltered retirement plan
(a)
A record of assets and liabilities at a point of time.
(a)
Items of value
(a)
Amounts owed to others
(a)
The difference between a person's assets and liabilities. (Owner's Equity)
(a)
A record of cash inflows and outflows. Reports new wages and other income along with spending for a period.
(a)
Your expenditures. Amount spent for food, clothing, etc.
(a)
The money you have available to spend as a result of working or form other income, such as interest earned from savings.
(a)
The deposit of funds electronically into a bank account rather than a physical paper check.
(a)
A lack of compatibility or similarity between two or more facts
(a)
The cost required for something; the money spent on something
(a)
Financial situation or an organization or person
(a)
Process that allows you to meet your personal goals with a system of saving and wise spending.
(a)
Costs that occur on a regular basis and are the same amount each time.
(a)
Living costs that differ each time and may not be as easy to estimate
(a)
The amount of money you plan to use for a certain budget category.
(a)
