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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Questions
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Answers
1
Round the decimal to the nearest tenths: 56.258
562
65.2
56.2
36.2
2
What is surplus?
I have less money that what I need.
I am goin to Tokio
My account is not balanced
extra money in my balanced account
3
Property Tax
Tax taking from my paycheck.
Tax I pay for Social Security.
Tax I pay for my purchased goods.
The tax I pay to the goverment for my house.
4
Gross Income
Is how much you make before taxes and deductions.
Money I found down the steet
Is how much you make after deductions.
Money that the IRS took from my account.
5
Net Income
I don't know
My gross - Social Security
My Incomtaxes - My Social Security!
My gross income - the Social Security, Medicare and Income Tax
6
Budget
My mom balaces it for me.
My bos balance it for me.
I am responsable for balancing it.
Its my spause or wife responsability?
7
Income Tax
Money I get paied by Medicare.
Money I pay the goverment for my Property.
Money that I pay to the goverment .
The money in my account in the bank.
8
I can't do anything with my money, I'm just a kid?
False
True
9
586 + 10 =
596
584
400
696
10
The employer will withold money from your paycheck.
False
True
11
What digit represents the thousandths place 532.0598
5
9
5
8
12
What is one of the key word for substraction:
difference
how much
in addition
divide
13
The taxes you pay, when you buy clothes or Nikes.
Property Tax
Income Tax
Payroll Tax
Sales Tax
14
UPS Check is a story Ms Corcino invented.
False
True
15
Property Tax is taken from my paycheck.
True
False