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Financial Literacy Hampson 1 Flashcards | StudBud
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Financial Literacy Hampson 1
Financial Literacy Hampson 1
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Financial Literacy Review (5th Grade STAAR Review) #staar #5th #math #financial #literacy #teks
Flashcards
10 cards
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Questions
10
Answers
1
Which of the following can Jose use if he wants to purchase an item at a later time?
Debit Card
Check
Credit Card
2
Which of the following shows when a budget is balanced?
Income=Expenses
Expenses > Income
Income > Expenses
3
Which of the following is also called gross income?
Payroll Taxes
Total Earnings
Net Income
4
What could Dean do to balance his budget?
Increase his allowance by $10
Decrease his movie rentals by $5
5
Lee pays $0.02 in sales tax for every dollar. If she buys $60 of items, what is the total cost?
$1.20
$35.00
$60.02
$61.20
6
What are his total monthly expenses?
$60
$70
$50
$30
7
What is also called earnings after taxes?
Net Income
Gross Income
Payroll Taxes
8
What is also called payroll taxes?
Gross Income
Income Taxes
Net Income
9
What is his total monthly income?
$60
$40
$25
$45
10
Raul pays property tax in Dallas. On which of the following might Raul pay property tax?
House
Clothing
Income
Salary
