This lists and summarizes income and expense transactions that have taken place over a specific period of time, usually a month or year.
Income and Expenses
9th - 12th Grade
•15 Qs
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Income and Expenses
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Judy Griffin
Used 25+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
net loss
income and expense statement
gross income
net income
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Income is _____ received.
money
net
spending
expenses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money received from working for pay
salary
earned income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
income received from sources other than employment
unearned income
take-home pay
mortgage
earned income
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
individual’s income earned as salary or wages before taxes and other deductions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
take-home pay; what is left in the paycheck after taxes and other deductions
savings
gross income
net income
insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
income earned upon a sale and is often calculated as a percentage of the purchase price
tips
net income
salary
commission
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