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