Unit 3 review
Presentation
•
Mathematics
•
5th Grade
•
Practice Problem
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Medium
+2
Standards-aligned
Christina Amando
Used 2+ times
FREE Resource
0 Slides • 12 Questions
1
Multiple Choice
Which statement is true about gross income?
Gross income is a tax on all income that a worker earns,
Gross income is the amount an employee is paid after deductions and taxes,
Gross income is a tax paid by an employer based on a worker’s wages
Gross income is the total amount an employee earns before deductions are applied,
2
Multiple Choice
Which statement is true about net income?
net income is the amount an employee is paid after deductions and taxes.
net income is the total amount an employee earns before deductions are applied
net income is a tax paid by an employer based on a worker’s wages
net income is a tax on all income that a person earns.
None of the above
3
Fill in the Blanks
See the picture
4
Multiple Choice
What term better fits the term below?
It's a tax that includes social security tax and is paid by an employer
Payroll tax
Income tax
Property tax
State tax
Sales tax
5
Drag and Drop
6
Multiple Choice
If I pay taxes on my a house that I own, which type of tax is this? /
Sales tax
Property tax
House tax
Income tax
Payroll tax
7
Multiple Choice
John has a job where he makes $500 a month, if he has a phone bill of $335 and wants to buy the new iPhone in payments that would put his new bill at $485. How much money does John have left for extra expenses?
320
20
820
15
165
8
Fill in the Blanks
If you were to buy land, what kind of taxes do you have to pay yearly?
9
Fill in the Blanks
Suppose you have a company and have three employees that you pay weekly. What type of taxes do you have to pay for them to the federal government?
10
Fill in the Blanks
Its April 2024, and you have to complete your taxes by the 15th of April. What type of tax is this called?
11
Fill in the Blanks
You go to Walmart and buy a T-shirt for $5.00 but when you go pay for it it comes out to $5.41. What are the .41 cents that are added to the total cost at the register called?
12
Drag and Drop
Increase her expenses
Decrease her income
Which statement is true about gross income?
Gross income is a tax on all income that a worker earns,
Gross income is the amount an employee is paid after deductions and taxes,
Gross income is a tax paid by an employer based on a worker’s wages
Gross income is the total amount an employee earns before deductions are applied,
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