
College Financial Literacy
Flashcard
•
Mathematics
•
12th Grade - University
•
Practice Problem
•
Hard
+16
Standards-aligned
Wayground Content
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18 questions
Show all answers
1.
FLASHCARD QUESTION
Front
A plan for using money is called a ___________
Back
budget
Tags
CCSS.L.11-12.4C
CCSS.L.6.4C
CCSS.L.7.4C
CCSS.L.8.4C
CCSS.L.9-10.4C
2.
FLASHCARD QUESTION
Front
The money you earn is called
Back
income
Tags
CCSS.RF.3.3B
CCSS.RF.3.3C
CCSS.RF.3.3D
CCSS.RF.4.3A
CCSS.RF.5.3A
3.
FLASHCARD QUESTION
Front
Money you receive before taxes is called:
Back
gross income
4.
FLASHCARD QUESTION
Front
Money you receive after taxes is called:
Back
net income
Tags
CCSS.6.RP.A.3B
5.
FLASHCARD QUESTION
Front
What type of tax do you pay for Cheetos and soda?
Back
sales tax
6.
FLASHCARD QUESTION
Front
Which type of tax is taken directly out of your paycheck? Options: payroll tax, income tax, paycheck tax, sales tax
Back
payroll tax
7.
FLASHCARD QUESTION
Front
Which type of tax do you pay once a year on any money you've earned (job, lottery, etc)? Options: payroll tax, income tax, sales tax, property tax
Back
income tax
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