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5.10a-b Flashcards | StudBud
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5.10a-b
5.10a-b
6 terms
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Personal financial literacy
Flashcards
6 cards
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Practice quiz
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Questions
6
Answers
1
Ellie earns a salary of $600 a week. She got a paycheck of $515. How much did she pay in taxes?
70
65
85
75
2
Stacie pays a tax every year because she owns a house. What tax does she pay?
Payroll
Income
Sales
Property
3
Gross income is the amount of money we take home after deductions
True
False
4
Jaxon buys a shirt and pays 75.46 but the price tag said 74.99. what tax did he pay?
Property
Payroll
Income
Sales
5
James got a job that pays $500.00 a week. His paycheck was $412.00 Which is true?
James' net income is 500.00 after taxes
James paid rent first so his net income is $412.00
James' net income is 412.00 after taxes
James did not work a full week and only made $412.00
6
Sales taxes are withheld from paychecks from the employer.
False
True