Financial Literacy Practice

Presentation

•

Mathematics

•

5th Grade

•

Medium

•

CCSS

6.RP.A.3B

Standards-aligned

N Lowery

Used 7+ times

FREE Resource

1 Slide • 6 Questions

Financial Literacy

Budget Practice

Multiple Choice

Mr. Evans employer pays Medicare and Social Security on his behalf. What type of tax is this?

Property Tax

Sales Tax

Income Tax

Payroll Tax

Multiple Choice

Mrs. Sims pays tax based on the value of the home she owns each year. What type of tax is this?

Property Tax

Sales Tax

Income Tax

Payroll Tax

Multiple Choice

Jessica bought a bag of chips that cost $0.99, but when she paid for the chips at the register the total was $1.07. What type of tax did she pay?

Property Tax

Sales Tax

Income Tax

Payroll Tax

Multiple Choice

Paul had money taken out of his paycheck that is a percentage of his salary. The money went to the federal government. What type of tax is this?

Property Tax

Sales Tax

Income Tax

Payroll Tax

Multiple Choice

The total amount of income before paying taxes or other deductions is

Net Income

Gross Income

Payroll Tax

Income Tax

Multiple Choice

The income that remains after paying taxes or other deductions

Net Income

Gross Income

Payroll Tax

Income Tax

Financial Literacy

Budget Practice

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