Personal Finance

Personal Finance

6th Grade

43 Qs

quiz-placeholder

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Personal Finance

Personal Finance

Assessment

Quiz

Other

6th Grade

Practice Problem

Medium

CCSS
6.NS.B.3, 6.RP.A.3B, 7.RP.A.3

+1

Standards-aligned

Created by

Lynda Walsh

Used 238+ times

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43 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Earnings paid to an employee based on an hourly rate. 

Commission
Wages
Salary
Deductions

Tags

CCSS.6.NS.B.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An employee's fixed agreed yearly income. 

Salary
Deductions
Wages
Commission

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Total money you earn before taxes and other deductions.

Salary
Net income
Gross income
Wages

Tags

CCSS.6.RP.A.3B

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Amounts of money taken from income before you are paid.

Commission
Retainer
Deductions
Rate

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money you actually receive after the deductions are taken from your gross income.

Net income
Deductions
Wages
Tax

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A deduction is

gross income

money added to your income

net income

money taken out of your income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross income is:

the total amount of money you earn

the amount of money you receive after decuctions are subtracted

the total amount of money you spend

sales taxes on items you buy

Tags

CCSS.7.RP.A.3

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