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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 Dean's total expenses?
$70
$30
$50
$60
2
What is the amount a worker gets to keep after taxes and deductions?
Paygross
Net Income
Payroll Taxes
Gross Income
3
Which sentence is correct?
Net + Gross = Deductions
Gross - Deductions = Net
Deductions X Net = Gross
Gross + Net = Deductions
4
What could Dean do to balance his budget?
Decrease his movie rentals by $5
Increase his allowance by $10
Increase his savings by $5
Borrow money from his sister.
5
Which of the following can Jose use if he wants to buy an item and pay for it at a later time?
Check
Credit Card
Money Transfer
Debit Card
6
What is Dean's total income?
$40
$45
$60
$25
7
Which of the following is the total earnings?
Deductions
Net Income
Payroll Taxes
Gross Income
8
What is also called payroll taxes?
checks
Gross Income
Income Taxes
Net Income
9
Raul pays property tax in Dallas. On which of the following might Raul pay property tax?
House
Clothing
Salary
Income
10
Lee pays $0.02 in sales tax for every dollar. If she buys $60 of items, what is the total cost?
$1.20
$60.02
$61.20
$35.00