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Financial Literacy Flashcards | StudBud

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Financial Literacy

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Questions 10

Answers

1
What is property tax...
Tax on water.
Tax on a new dress.
Tax on the value of a home, building, or land.
Tax on Fortnite
2
Property tax is...
Tax on something you buy.
Tax on your dog.
Taxes an employeer pays from an employees paycheck.
Tax on you banana.
3
The four kinds of taxes are income tax, sales tax, payroll tax, and.....
government tax
small tax
large tax
property tax
4
An advantage of a credit card it that I don't have to carry cash only my card. True or False
True
False
5
What is one advantage of a check?
They have a carbon copy, or duplicate.
All of the above
They can be tracked by your bank
Checks can me mailed.
6
Sales tax is....
tax on something you sell
tax on something you buy
tax on something you own
Peanut butter tax
7
Credit cards can be used to....
Borrow money from my dog.
Borrow money from the bank.
Borrow money from Mr. Miranda.
Borrow money from my friend.
8
What is a check?
A written document that tells the bank how much it needs to pay someone.
A banana
A card that can be used to borrow money from the bank
Mrs. Juarez's dog's name
9
I can buy products or services with a credit card? True or false
False
True
10
Mrs. Juarez's employeer pays what kinds of taxes on her paycheck?
Payroll tax
Property tax
Income tax
Sales Tax