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Personal Financial Literacy Flashcards | StudBud
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Personal Financial Literacy
Personal Financial Literacy
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A ##5th grade #math #STAAR review for #PFL
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Money received on a regular basis for work or through investments is..?
net income
withdrawal
income
expenses
2
Money paid to the government based on property owned, usually once a year.....
income tax
payroll tax
sales tax
property tax
3
Money with held from a person's paycheck by their employer...
property tax
payroll tax
income tax
sales tax
4
money paid to the government based on your personal income (annual).....
property tax
payroll tax
sales tax
income tax
5
Money payed to the government on goods and services sold based on a percentage...
sales tax
payroll tax
property tax
income tax
6
Income earned before deductions are made...
gross income
fixed expense
variable expense
net income
7
Expense in which the amount changes every time you pay....
net income
fixed expense
gross income
variable expense
8
Expenses in which the amount remains the same every time you pay....
fixed expense
variable expense
net income
bill
9
Income earned after all deductions are made....
Fixed Expense
Income
Net Income
Gross Income
10
A plan you can use to determine how you spend and save money..
bank
income
expense
budget
