Lifemath chapter 2 review
Authored by Monica Tesmer
Mathematics
9th - 12th Grade
CCSS covered
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should you make a budget?
Plan how to spend your money
keep record of money
to start a savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is FICA?
Fall is coming ASAP
made up of SS & Medicare
record of receipt
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Difference between Flat & Graduated tax?
Flat has no air & Graduated is out of HS
Flat is fixed & Graduated changes with income
Flat is a receipt & Graduated is a payment
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Gross pay?
Pay from extra income
expenses
Wage plus hours Worked
Tags
CCSS.6.NS.B.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Net pay?
What you owe
take home after deductions
your tax return
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What Is Social Security and Medicare?
A dance
Part of FICA
We keep a record of
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
How do you know if you get a refund or owe money to IRS?
If you file tax return, and you paid in too much you will get a return
If you file a tax return, and you did not paid in enough you owe
You Guess
The bank will tell you
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