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Financial Math Unit 2 Vocab

Quiz by Kimberly McGinnis

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3 questions
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  • Q1
    Phil noticed that money was withheld from his pay for taxes and some benefits. These withholdings are also called
    job expenses
    deductions
    progressive tax
    employee benefits
    300s
  • Q2
    Phil lives in a state where his state tax rate does not change when his income changes. This is an example of a(n)
    job expense
    progressive tax
    flat rate tax
    employee benefit
    300s
  • Q3
    Phil is evaluating a job offer and realizes he will need to pay ________________________ of $100 per week to commmute to work and park his car.
    federal withholding
    progressive tax
    job expenses
    deductions
    300s

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