5th Financial Literacy Flashcards

1

A business pays taxes based on their employees' earnings. What kind of tax does this describe?

2

Which of the following is one advantage of paying by cash?

3

Dan's paycheck shows he earned $390.00 before taxes/expenses. What does the $390.00 represent?

4

Sam went to a store and was charged a percentage of her total as a tax. What kind of tax is it?

5

Which of the following is one disadvantage of paying by check?

5th Financial Literacy