Updated Vocabulary (Words 1-17)
Quiz
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Social Studies
•
7th Grade
•
Easy
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
employee
one who is paid to do a job
a person who manages a team
someone who works for free
a contractor who is self-employed
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
debit
to take money away (my account was debited after I bought new sneakers)
to add money to an account
to transfer money between accounts
to withdraw cash from an ATM
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
soft skills
personal skills like being a problem solver, clearly communicating, strong time management
technical skills related to specific job functions
hard skills such as coding and data analysis
physical skills like manual dexterity and strength
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
deduction/withholding
money taken from a paycheck by the employer for things like Social Security, Medicare, federal taxes, state taxes, retirement accounts, investment accounts, health insurance
a bonus given to employees for exceptional performance
a fee charged by banks for account maintenance
a tax refund received at the end of the financial year
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
withdrawal
money taken out of an account by the account owner
a fee charged for maintaining an account
a type of investment strategy
a method of transferring funds between accounts
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
employer
the one who gives jobs and pays others wages
a person who is looking for a job
a type of employee
a government official
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
State Taxes
Money taken from gross pay that goes to the state you live in
Fees paid for federal services
Voluntary contributions to local charities
Payments made for public transportation
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