Multiple Choice. Identify the choice that best completes the statement or answers the question. Sandy wants to save $200 over the next 4 months for a lift ticket to go skiing. How much should she save each month in order to meet her goal?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Concert tickets are an example of a need.

Multiple Choice. Identify the choice that best completes the statement or answers the question. Which is not an example of a source of income?

Multiple Choice. Identify the choice that best completes the statement or answers the question. The amount Travis spends on gas every month changes based on gas prices and how much he drives. This would make gas an example of a:

Multiple Choice. Identify the choice that best completes the statement or answers the question. Which of the following is one of the steps in creating a budget?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Isabella earns $2,400 a month. Her rent should be 35% of her paycheck. How much should she be paying in rent?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Using the chart below, determine which bank has the highest interest charged on their personal loans.

Multiple Choice. Identify the choice that best completes the statement or answers the question. A financial institution that requires you to belong to a certain group in order to join their cooperative and use their services as a member is called a:

Multiple Choice. Identify the choice that best completes the statement or answers the question. Khalil wanted to write a check for his landlord, Raleigh Rentals, for rent this month. Where should he put the name of the company?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Sara used her debit card at Sam’s Cafe and wants to know what her new balance is. Based on the check register, Sara’s current balance after getting lunch at Sam’s Cafe is:

Multiple Choice. Identify the choice that best completes the statement or answers the question. Dean has a basic account that allows him to deposit and withdraw money, write checks, and receive a monthly statement with no service charge if he maintains a minimum balance of $500. What type of account is this?

Multiple Choice. Identify the choice that best completes the statement or answers the question. What type of transaction withdraws money from your bank account?

Multiple Choice. Identify the choice that best completes the statement or answers the question. _____ _____ is the length of time for which an employee’s wages are calculated.

Multiple Choice. Identify the choice that best completes the statement or answers the question. _____ _____ is the amount of money earned during a pay period before deductions.

Multiple Choice. Identify the choice that best completes the statement or answers the question. A fixed amount of money paid to a worker for each item produced or action completed is a/an ____________.

Multiple Choice. Identify the choice that best completes the statement or answers the question. Nellie earns $12.00 per hour. During this pay period, she worked 37 hours. How much was her gross pay?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Pay for work beyond 40 hours in a work week is called _____ _____.

Multiple Choice. Identify the choice that best completes the statement or answers the question. Christina is paid weekly. During the last pay period, a co-worker was sick and she had to work 48 hours. Notice she worked overtime because she worked more than 40 hours. Her hourly rate is $8.50. What is Christina’s gross pay for this pay period?

Multiple Choice. Identify the choice that best completes the statement or answers the question. John assembles widgets at a factory. He makes $0.10 for each widget that he correctly assembles. The production rate is 75 widgets an hour. What is John's gross pay for an 8-hour shift if he meets this production rate?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Sally assembles toy trains at a factory. She can assemble 24 trains in an 8 hour shift. What is her hourly production rate?

Multiple Choice. Identify the choice that best completes the statement or answers the question. The amount of money left after all the deductions have been taken from the gross pay earned in the pay period is called _____ _____. This is also known as take-home pay.

Multiple Choice. Identify the choice that best completes the statement or answers the question. Using the paycheck stub below, how much did Grady pay in State Income Taxes during this pay period?

Multiple Choice. Identify the choice that best completes the statement or answers the question. Todd earns $$10.00 an hour. He worked 40 hours during this pay period. His gross pay was$$ 400.00. Deductions: $$60.00 in Federal Income Tax,$$ 28.00 in State Income Tax, $$30.60 in FICA,$$ 10.00 Food Expense, $5.00 Uniform Expense. What is Todd’s net pay?

The federal program that assists older Americans with insurance and income is called _____.

You must file your federal and state income taxes by April _____.

Taxes are fees that the government _____ people to pay in order to live and work in their state and the USA.

What agency is responsible for collecting federal income taxes for the US government?

A _____ is a person who relies on another person, usually a family member, for financial support.

Which answer below is an example of earned income?

Which item listed below is not funded by taxes in your community?

According to the W-2 shown, how much money did Jackson make for the year?

According to the W-2 shown, how much money did Jackson pay in federal income taxes for the year?

According to the W-2 shown, how much money did Jackson pay in state income taxes for the year?

When you get a job, you will be required to complete a _____ form. This form is usually completed on your first day of work or at an employee training before starting work.

One way to prepare and file your federal income tax return is online. Filing your taxes online is called _____.

One benefit of using eFile to prepare and file federal and state income taxes is _____.

E-filers are issued a Personal Identification Number or _____ which allows the taxpayer to "sign" the return electronically.

The _____ offers free file software for individuals who have an income below $73,000.

John lives in North Carolina, is single, and earns more than $5,500 per year. He should use the _____ form to file his state income taxes.

If you owe taxes, which of the following is FALSE?

When we budget or buy things what do we need to know?

Which form is your employer required to send to you before you file your tax return?