1) an electronic payment card that stores cash for various types of payments. a) Cash card/gift car b) Cashless society c) Check d) Credit card e) Debit card f) Dependents 2) one in which cash, in the form of physical banknotes and coins, is not accepted in any financial transaction. a) Cash card/gift car b) Cashless society c) Check d) Credit card e) Debit card f) Dependents 3) a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer a) Cash card/gift car b) Cashless society c) Check d) Credit card e) Debit card f) Dependents 4) a thin rectangular piece of plastic or metal issued by a bank or financial services company that allows cardholders to borrow funds with which to pay for goods and services with merchants that accept cards for payment a) Cash card/gift car b) Cashless society c) Check d) Credit card e) Debit card f) Dependents 5) a payment card that deducts money directly from a consumer’s checking account when it is used a) Cash card/gift car b) Cashless society c) Check d) Credit card e) Debit card f) Dependents 6) a person who relies on someone else for financial support and can include children or other relatives. a) Cash card/gift car b) Cashless society c) Check d) Credit card e) Debit card f) Dependents 7) a company's profits in a given quarter or fiscal year a) Earnings  b) Electronic transfer c) Employment benefits d) Exemption/Allowance e) Federal taxes f) Fringe benefits 8) transfer of money from one bank account to another a) Earnings  b) Electronic transfer c) Employment benefits d) Exemption/Allowance e) Federal taxes f) Fringe benefits 9) is to be free from, or not subject to, taxation by regulators or government entities a) Earnings  b) Electronic transfer c) Employment benefits d) Exemption/Allowance e) Federal taxes f) Fringe benefits 10) any forms of perks or compensation that are provided to employees in addition to their base salaries and wages.  a) Earnings  b) Electronic transfer c) Employment benefits d) Exemption/Allowance e) Federal taxes f) Fringe benefits 11)  mandatory contribution levied on corporations or individuals to finance government activities and public services. a) Earnings  b) Electronic transfer c) Employment benefits d) Exemption/Allowance e) Federal taxes f) Fringe benefits 12) additions to compensation that companies give their employees.  a) Earnings  b) Electronic transfer c) Employment benefits d) Exemption/Allowance e) Federal taxes f) Fringe benefits 13) what employees earn before taxes, benefits and other payroll deductions are withheld from their wages a) Gross wages  b) Income Garnishment c) Human capital d) Gift card e) Income tax f) deductions 14) when money is legally withheld from your paycheck and sent to another party a) Gross wages  b) Income Garnishment c) Human capital d) Gift card e) Income tax f) deductions 15) an intangible asset not listed on a company's balance sheet. a) Gross wages  b) Income Garnishment c) Human capital d) Gift card e) Income tax f) deductions 16) a prepaid debit card that is loaded with a specific amount, which can then be used to make purchases and other financial transactions. a) Gross wages  b) Income Garnishment c) Human capital d) Gift card e) Income tax f) deductions 17) a type of tax governments impose on income generated by businesses and individuals within their jurisdiction. a) Gross wages  b) Income Garnishment c) Human capital d) Gift card e) Income tax f) deductions 18) an expense that can be subtracted from taxable income to reduce the amount owed. a) Gross wages  b) Income Garnishment c) Human capital d) Gift card e) Income tax f) deductions 19) the rate at which prices for goods and services rise a) Gross wages  b) Income Garnishment c) Human capital d) inflation e) Income tax f) deductions 20) in business follows a product, business, or industry from development to decline. a) Inheritance  b) IRS (Internal Revenue Service) c) Life cycle d) Local taxes e) Money f) Money order 21) financial term describing the assets passed down to individuals after someone dies a) Inheritance  b) IRS (Internal Revenue Service) c) Life cycle d) Local taxes e) Money f) Money order 22) the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law a) Inheritance  b) IRS (Internal Revenue Service) c) Life cycle d) Local taxes e) Money f) Money order 23) an assessment by a state, county, or municipality to fund public services ranging from education to garbage collection and sewer maintenance. a) Inheritance  b) IRS (Internal Revenue Service) c) Life cycle d) Local taxes e) Money f) Money order 24) a system of value that facilitates the exchange of goods. a) Inheritance  b) IRS (Internal Revenue Service) c) Life cycle d) Local taxes e) Money f) Money order 25) certificate, usually issued by a government or banking institution, that allows the stated payee to receive cash on demand. a) Inheritance  b) IRS (Internal Revenue Service) c) Life cycle d) Local taxes e) Money f) Money order 26) take-home pay or the amount employees earn after all payroll deductions are subtracted from their gross pay. a) Net pay  b) Paycheck c) Paycheck stub or earnings statement d) Payroll deductions e) Profit f) Purchasing power 27) the bank check that is given to an employee by their employer to pay them for their work a) Net pay  b) Paycheck c) Paycheck stub or earnings statement d) Payroll deductions e) Profit f) Purchasing power 28) a piece of paper or a digital record that is given to an employee with each paycheck and that shows the amount of money that the employee earned a) Net pay  b) Paycheck c) Paycheck stub or earnings statement  d) Payroll deductions e) Profit f) Purchasing power 29)  amounts employers take out of an employee's paycheck each pay period a) Net pay  b) Paycheck c) Paycheck stub or earnings statement d) Payroll deductions e) Profit f) Purchasing power 30) the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question a) Net pay  b) Paycheck c) Paycheck stub or earnings statement d) Payroll deductions e) Profit f) Purchasing power 31) the amount of goods or services that a unit of currency can buy at a given point in time a) Net pay  b) Paycheck c) Paycheck stub or earnings statement d) Payroll deductions e) Profit f) Purchasing power 32) any payment you receive for the use or occupation of property a) Rental income  b) Social Security tax (FICA) c) State taxes d) Store card e) Store cash card f) Supply and demand 33) a U.S. payroll tax deducted to fund the Social Security and Medicare programs. a) Rental income  b) Social Security tax (FICA) c) State taxes d) Store card e) Store cash card f) Supply and demand 34)  tax levied by a state on the income of its residents a) Rental income  b) Social Security tax (FICA) c) State taxes d) Store card e) Store cash card f) Supply and demand 35) a credit card that is given out by a store and that can be used to buy goods at that store a) Rental income  b) Social Security tax (FICA) c) State taxes d) Store card e) Store cash card f) Supply and demand 36) a term for a payment card that stores cash, such as debit, gift, or prepaid debit cards a) Rental income  b) Social Security tax (FICA) c) State taxes d) Store card e) Store cash card f) Supply and demand 37)  the relationship between the quantity of a good or service that producers are willing to offer for sale  a) Rental income  b) Social Security tax (FICA) c) State taxes d) Store card e) Store cash card f) Supply and demand 38) reimbursement made to a taxpayer for any excess amount paid in taxes to the federal or state government. a) Tax refund  b) United States Treasury Dept. c) Upward mobility d) Windfall income e) Wages f) Financial Literacy 39) the federal government division that manages U.S. finances. a) Tax refund  b) United States Treasury Dept. c) Upward mobility d) Windfall income e) Wages f) Financial Literacy 40) the capacity or facility for rising to a higher social or economic position. a) Tax refund  b) United States Treasury Dept. c) Upward mobility d) Windfall income e) Wages f) Financial Literacy 41) an unexpected gain, piece of good fortune, a) Tax refund  b) United States Treasury Dept. c) Upward mobility d) Windfall income e) Wages f) Financial Literacy 42) a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, a) Tax refund  b) United States Treasury Dept. c) Upward mobility d) Windfall income e) Wages f) Financial Literacy 43) an act of trading goods or services between two or more parties without the use of money a) Tax refund  b) United States Treasury Dept. c) Upward mobility d) Windfall income e) Wages f) Barter

Money

by
Print
Embed

Leaderboard

Visual style

Options

Switch template

Continue editing: ?