Question 1

Which	of the following changes	can be	
made to balance Olivia’s budget?

Accepted Answer

C. Increase the babysitting income
to $27.

Answer

D. Decrease the amount saved
to $20.

Answer

B. Decrease the allowance amount
to $37.

Answer

A. Increase the amount saved to $30.

Question 2

Theo’s June budget is not balanced. By
how much must he reduce expenses to
balance his budget?

Accepted Answer

C. $47

Answer

B. $40

Answer

D. $8

Answer

A. $92

Question 3

Each month, Gita earns 22 dollars doing yard work. Her monthly allowance is $30. She makes a monthly budget and sees
that her monthly expenses are 65 dollars.
How much does Gita need to earn from
tutoring to balance her budget?

Accepted Answer

B. $13

Answer

C. $5

Answer

A . $8

Answer

D. $3

Question 4

What is payroll tax?

Accepted Answer

A. Money an employer withholds
from an employee’s earnings.

Answer

B.  Money paid to a city, town,
state government or the
U.S. government.

Answer

D. Money earned over a period
of time.

Answer

C.  Money added to the cost of items
or services.

Question 5

What is property tax?

Accepted Answer

C. Taxes paid on real estate that you own. Ex. land, house, business.

Answer

B. Taxes paid to the federal government.

Answer

A. Taxes when you purchase goods and services.

Answer

D. Taxes that are deducted from you paycheck.

Question 6

What is sales tax?

Accepted Answer

A. Taxes when you purchase goods and services.

Answer

D. Taxes that are deducted from your paycheck by an employer.

Answer

C. Taxes paid on real estate that you own. Ex. land, house, business.

Answer

B. Taxes paid to the federal government.

Question 7

What is gross income?

Accepted Answer

C. How much you earn before taxes and before deductions are taken out of your paycheck.

Answer

D. How much all your deductions add up to.

Answer

B. How much you pay to local, state, and federal governments.

Answer

A. How much is left after taxes and deductions are taken out of your paycheck.

Question 8

What is net income?

Accepted Answer

B. How much is left after taxes and deductions are taken out of your paycheck.

Answer

A. How much you pay to local, state, and federal governments.

Answer

D. How much all your deductions add up to.

Answer

C. How much you earn before taxes and before deductions are taken out of your paycheck.

Question 9

Six friends want to share a 1/2-gallon of ice cream equally. What fraction of a gallon of ice cream should each friend receive?

Accepted Answer

D. 1/12 gallon

Answer

B. 12 gallons

Answer

C. 1/8 gallon

Answer

A. 1/4 gallon

Question 10

Carmen’s puppy weighs 9 pounds.Her kitten weighs 74 ounces. How many more ounces does her puppy weigh than her kitten?

Accepted Answer

B. 70 ounces

Answer

A. 16 ounces

Answer

D. 144 ounces

Answer

C. 38 ounces

Question 11

Sharon has 56 centimeters of cord to make a beaded key ring. How many millimeters of cord does Sharon have?

Accepted Answer

A. 560 millimeters

Answer

D. 56,000 millimeters

Answer

C. 5.6 millimeters

Answer

B. 5,600 millimeters

Question 12

Rebekah is filling a cube-shaped box with small cubes. The volume of each of these cubes is 1 cubic centimeter. She has already put some of these cubes into the box, as shown in the model.                                                                                    
                                                                                                                                                                   
What is the total number of small cubes that will fit in the box?

Accepted Answer

A. 729

Answer

C. 36

Answer

B. 81

Answer

D. 27

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