Life Skills

10th -

12thgrade

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Dave Ramsey Personal Finance Chapter 11

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25 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    The Internal Revenue Service (IRS) is the federal government agency responsible for:

    Tax collecting and law enforcement

    writing tax laws

    keeping the unemployment rate low

    Filling out your tax forms

  • 2. Multiple Choice
    30 seconds
    1 pt

    What is the difference between gross pay and net pay?

    Net pay describes your pay after deductions, gross pay is before

    Gross pay describes your pay after deductions; net pay is before

    Gross and net pay are the same

    none of the above

  • 3. Multiple Choice
    30 seconds
    1 pt

    Sales tax and excise tax are both taxes on:

    Consumption

    Property

    Wealth

    Income

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