Math - financial literacy
Quiz
•
Mathematics
•
5th Grade
•
Practice Problem
•
Medium
+20
Standards-aligned
Melissa Lowe
Used 14+ times
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22 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you pay taxes at a store, what kind of tax is it?
sales tax
property tax
income tax
Tags
CCSS.6.RP.A.3D
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you pay taxes on a home or land that you own, what kind of tax is it?
sales tax
property tax
income tax
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you pay taxes on the money you earn, what kind of tax is it?
sales tax
property tax
income tax
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you earn before taxes and other deductions is called -
gross income
net income
Tags
CCSS.RI.3.10
CCSS.RI.4.10
CCSS.RI.5.10
CCSS.RI.6.4
CCSS.RI.7.4
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount you take home after taxes and other deductions is called -
gross income
net income
Tags
CCSS.RI.4.3
CCSS.RI.4.5
CCSS.RI.5.3
CCSS.RI.5.5
CCSS.RI.6.5
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you make a plan for your money, it is called -
a budget
gross income
net income
property tax
Tags
CCSS.7.NS.A.1
CCSS.7.RP.A.2
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In a balanced budget -
your income matches your expenses
your income is greater than your expenses
your expenses are greater than your income
you can forget about saving money
Tags
CCSS.6.NS.C.5
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