Search Header Logo

Personal Finance Revision

Authored by Glenn Morris

Business

12th Grade

Used 2+ times

Personal Finance Revision
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of Tax on Purchases is:

property tax.

excise tax and VAT.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Examples of Taxes on Wealth are:

estate tax and inheritance tax.

income tax.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax paid on property left to someone in a will is known as _____

inheritance tax.

estate tax.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The IRS is responsible for:

enforcing civil laws.

enforcing tax laws and collecting tax.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The W-2 form is used to withhold the employees _______

income tax and social security tax.

corportate tax.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gross Income is income ________ deductions.

before

after

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_______ deduction is a set amount of money by government, that is not taxed.

Itemized

Standard

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?