What is the main difference between a salary and wages?

Understanding Financial Terms Flashcard

Flashcard
•
Financial Education
•
4th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

10 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Salary is a fixed amount paid regularly, while wages are paid based on hours worked.
2.
FLASHCARD QUESTION
Front
Which of the following is an example of a fixed cost? Grocery shopping, Monthly rent, Buying new clothes, Eating out at restaurants
Back
Monthly rent
3.
FLASHCARD QUESTION
Front
If you earn $500 a week, what is your monthly income assuming 4 weeks in a month?
Back
$2,000
4.
FLASHCARD QUESTION
Front
Which of the following best describes a budget? A list of all the things you want to buy, A plan for how to spend and save your money, A record of all your past expenses, A summary of your income sources
Back
A plan for how to spend and save your money
5.
FLASHCARD QUESTION
Front
What is the difference between monthly expenses and annual expenses?
Back
Monthly expenses are paid every month, while annual expenses are paid once a year.
6.
FLASHCARD QUESTION
Front
Back
$500
7.
FLASHCARD QUESTION
Front
Which of the following is considered an expense? Receiving a paycheck, Paying for groceries, Earning interest from a bank, Getting a gift
Back
Paying for groceries
Create a free account and access millions of resources
Similar Resources on Quizizz
15 questions
Fixed and Variable Expenses

Flashcard
•
4th Grade
15 questions
Financial Literacy

Flashcard
•
4th Grade
11 questions
Career Questions

Flashcard
•
4th Grade
12 questions
5th Grade Personal Finance Flashcard

Flashcard
•
5th Grade
10 questions
4th grade Subtraction with regrouping

Flashcard
•
4th Grade
10 questions
budgeting

Flashcard
•
6th Grade
10 questions
Budgeting and Paystub Vocab

Flashcard
•
3rd - 4th Grade
15 questions
Personal Financial Literacy Flashcard

Flashcard
•
4th Grade
Popular Resources on Quizizz
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade