WorksheetsBizTown Quiz #2
Total questions: 6
Worksheet time: 3600secs
Name
Class
Date
1.
Which of the following is a financial institution?
a)
Museum
b)
Credit union
c)
Library
d)
School
2.
Which services does a bank not offer?
a)
Loan
b)
Online banking
c)
Daycare
d)
Savings account
3.
The amount left over from your paycheck after taxes and deductions is called:
a)
Balance
b)
Transaction
c)
Gross balance
d)
Net pay
4.
When you buy something in Pennsylvania the tax you pay is called...
a)
Sales tax
b)
Penny tax
c)
Income tax
d)
Property tax
5.
Which of the following is not a tax collected?
a)
Sales tax
b)
Penny tax
c)
Income tax
d)
Property tax
6.
Compare and contrast banks and credit unions.
Categorize the following
For profit
Nonprofit
Members are also the owners
Limited membership- teacher credit
union
Less products
Less accessible
Savings
account
Checking
account
Credit
cards
Anyone can join
More products
More accessible
Share holder owned
Bank
Credit Union
Both
100 %