, Business - Finance II of VI pages
Circle the letter of the Question that corresponds to the displayed Answer.
1. Goal
A: something unnecessary but desired
B something a person intends to accomplish
C: The amount left after all payroll deductions have been taken from the gross income
D: A goal that guides financial planning
2. Year-to-Date
A: can be accomplished in more than one year
B: The amount of money subtracted from the gross income for taxes. Typically about 30% of your
C Totals all of the deductions which have been withheld from an individual’s paycheck from January 1 to
D: helps provide retirement income for the elderly and pays disability benefits
3. Need
A something necessary or required for life
B: The amount required by law for employers to withhold from earned wages to pay taxes
C: Employers directly deposit employee’s paycheck into the authorized employee’s bank account.
D: Help individuals prepare for success in the workplace
4. Net Income
A: A choice that is made about things that affect a person’s life
B: Required charges of citizens by local, state, and federal governments.
C: A goal that guides financial planning
D The amount left after all payroll deductions have been taken from the gross income
5. Short-Term-Goal
A can be accomplished within one year
B: The length of time for which an employee’s wages are calculated
C: The amount required by law for employers to withhold from earned wages to pay taxes
D: Paper check with stub
6. Gross Income
A The total amount of money earned before payroll withholdings
B: Totals all of the deductions which have been withheld from an individual’s paycheck from January 1 to
C: States the amount of money earned and taxes paid throughout the previous year.
D: A choice that is made about things that affect a person’s life
Business - 2024/25 2024/2025 Edition
Circle the letter of the Question that corresponds to the displayed Answer.
1. Goal
A: something unnecessary but desired
B something a person intends to accomplish
C: The amount left after all payroll deductions have been taken from the gross income
D: A goal that guides financial planning
2. Year-to-Date
A: can be accomplished in more than one year
B: The amount of money subtracted from the gross income for taxes. Typically about 30% of your
C Totals all of the deductions which have been withheld from an individual’s paycheck from January 1 to
D: helps provide retirement income for the elderly and pays disability benefits
3. Need
A something necessary or required for life
B: The amount required by law for employers to withhold from earned wages to pay taxes
C: Employers directly deposit employee’s paycheck into the authorized employee’s bank account.
D: Help individuals prepare for success in the workplace
4. Net Income
A: A choice that is made about things that affect a person’s life
B: Required charges of citizens by local, state, and federal governments.
C: A goal that guides financial planning
D The amount left after all payroll deductions have been taken from the gross income
5. Short-Term-Goal
A can be accomplished within one year
B: The length of time for which an employee’s wages are calculated
C: The amount required by law for employers to withhold from earned wages to pay taxes
D: Paper check with stub
6. Gross Income
A The total amount of money earned before payroll withholdings
B: Totals all of the deductions which have been withheld from an individual’s paycheck from January 1 to
C: States the amount of money earned and taxes paid throughout the previous year.
D: A choice that is made about things that affect a person’s life
Business - 2024/25 2024/2025 Edition
