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AVID: Financial Literacy
02. Which means Payroll
Random answer, do you feel lucky?
AVID: Financial Literacy
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Random answer, do you feel lucky?
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2
02. Which means Payroll
Total amount a company pays employees.
Total pay before taxes and deductions.
Total amount a company pays employees.
Amounts subtracted from gross income.
3
16. Which means disposable income
Extra compensation beyond wages or salary.
Money left after taxes to spend or save.
Reduces the total tax you owe.
Extra compensation beyond wages or salary.
4
09. Which means Checking Account
Bank account for daily use and transactions.
Money owed to others, usually from borrowing.
Bank account for daily use and transactions.
Income reductions based on status or dependents.
5
04. Which means Debit
Taking money out of a bank account.
Putting money into a bank account.
Cost to borrow or earnings from saving money.
Transaction that removes money from an account.
6
03. Which means Debt
Bank account for daily use and transactions.
Money owed to others, usually from borrowing.
Taking money out of a bank account.
Total amount a company pays employees.
7
14. Which means net income
Total pay before taxes and deductions.
Fixed regular pay from an employer to an employee.
Pay after taxes and deductions are taken out.
Pay after taxes and deductions are taken out.
8
08. Which means Interest
Original amount borrowed or invested.
Cost to borrow or earnings from saving money.
Adds money to an account or borrowed funds.
Income amount subject to taxes.
9
Who founded AVID?
Tamika Singletary-Johnson
Mary Catherine Swanson
Mary Catherine Gallagher
Laura Lee Willey
10
05. Which means Credit
Extra compensation beyond wages or salary.
Reduces the total tax you owe.
Money owed to others, usually from borrowing.
Adds money to an account or borrowed funds.
11
15. Which means taxable income
Amounts subtracted from gross income.
Extra employee perks like insurance or PTO.
Putting money into a bank account.
Income amount subject to taxes.
12
13. Which means gross income
Original amount borrowed or invested.
Total pay before taxes and deductions.
Pay after taxes and deductions are taken out.
Income amount subject to taxes.
13
20. Which means employee benefits
Transaction that removes money from an account.
Adds money to an account or borrowed funds.
Reduces the total tax you owe.
Extra compensation beyond wages or salary.
14
01. Which means Salary
Transaction that removes money from an account.
Transaction that removes money from an account.
Adds money to an account or borrowed funds.
Fixed regular pay from an employer to an employee.
15
07. Which means Deposit
Pay after taxes and deductions are taken out.
Putting money into a bank account.
Cost to borrow or earnings from saving money.
Fixed regular pay from an employer to an employee.
16
19. Which means tax credits
Total pay before taxes and deductions.
Money left after taxes to spend or save.
Reduces the total tax you owe.
Amounts subtracted from gross income.
17
17. Which means deductions
Amounts subtracted from gross income.
Taking money out of a bank account.
Cost to borrow or earnings from saving money.
Income amount subject to taxes.
18
10. Which means Mortgage
Extra employee perks like insurance or PTO.
Loan used to buy a home, paid over time.
Loan used to buy a home, paid over time.
Money left after taxes to spend or save.
19
11. Which means Principal
Loan used to buy a home, paid over time.
Money left after taxes to spend or save.
Original amount borrowed or invested.
Loan used to buy a home, paid over time.
20
18. Which means exemptions
Income reductions based on status or dependents.
Total amount a company pays employees.
Bank account for daily use and transactions.
Income reductions based on status or dependents.
21
06. Which means Withdrawal
Taking money out of a bank account.
Extra employee perks like insurance or PTO.
Fixed regular pay from an employer to an employee.
Putting money into a bank account.
22
12.Which means Benefits
Money owed to others, usually from borrowing.
Income reductions based on status or dependents.
Extra employee perks like insurance or PTO.
Original amount borrowed or invested.
