FIn Math semester exam

Flashcard
•
Mathematics
•
11th Grade
•
Hard
Wayground Content
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15 questions
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1.
FLASHCARD QUESTION
Front
What is income tax?
Back
A tax you pay on your earnings, deducted from your paycheck.
2.
FLASHCARD QUESTION
Front
What happens if you write a check for more than your account balance?
Back
You may incur overdraft fees.
3.
FLASHCARD QUESTION
Front
What is a W-2 form?
Back
A tax form that reports an employee's annual wages and the amount of taxes withheld.
4.
FLASHCARD QUESTION
Front
Why is it important to file the FAFSA early?
Back
Aid is given out on a first-come, first-serve basis.
5.
FLASHCARD QUESTION
Front
When does the FAFSA filing period open each year?
Back
October 1st.
6.
FLASHCARD QUESTION
Front
What is an overdraft fee?
Back
A fee charged when you withdraw more money than your account holds.
7.
FLASHCARD QUESTION
Front
What is the purpose of the FAFSA?
Back
To determine eligibility for federal student financial aid.
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