Financial Literacy Unit Test

Financial institution to use if you want to take over a technology company, & needed $7.2 billion?

Financial instit. to use if you want to buy a tv but don't have money to buy it now but can pay monthly.

What tax form? Rec. Jan when not an employee but is from company; Taxes prob. not held so may have big tax bill

What tax form? Completed each April; Anyone uses this form; A lot to fill out on this form

What is another term for "checking account"?

What tax form? Received in Jan.; 1 for each job you work; Shows total earning & taxes paid in 1 year

What type of financial institution is the Federal Reserve Bank?

What tax form? Rec. when you start job; Proves eligibility to work inUS; Must provide ID when you submit

What financial institution would you go to if you wanted to borrow money to buy a car?

Typically largest portion of a family budget & should not exceed 30% of your monthly payments?

What tax form? Rec. when you start job; List info on you/family; Determines amount taken from paycheck

What is the current minimum wage?

Financial instit. to use if you travel often, possibly work nights/slept days, w/ little spare time?

Which of the following is income a person has left (to spend) after all taxes have been paid?

Which one is NOT considered standard payroll deductions?

What financial institution would you go to if you wanted to build a $300,000 house?