Finance Knowledge

Finance Knowledge

Assessment

Flashcard

Life Skills

7th Grade

Hard

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20 questions

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1.

FLASHCARD QUESTION

Front

This is how much a person earns for every hour worked

Back

hourly pay

2.

FLASHCARD QUESTION

Front

This is how much is actually earned before deductions are taken out of the paycheck

Back

gross pay

3.

FLASHCARD QUESTION

Front

This is money taken out of a person's paycheck such as for taxes or health insurance

Back

deduction

4.

FLASHCARD QUESTION

Front

This is how much money a person takes home after deductions

Back

net pay

5.

FLASHCARD QUESTION

Front

This is an order to pay money from your checking account to a person or company

Back

check

6.

FLASHCARD QUESTION

Front

This is putting money into a bank account

Back

deposit

7.

FLASHCARD QUESTION

Front

This is a paper you fill out to show how much money you are depositing

Back

deposit slip

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