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Search Results for income - All Grades

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Grade 11 Personal Finance
Budgets are more useful for families with which of the following?
  1. An average income
  2. A low income
  3. Any income
  4. A high income
Grade 4 STEM Words
Choose the correct spelling.
  1. incom
  2. incum
  3. income
Grade 9 Personal Finance
The total amount of earnings made over a one-year period after all deductions have been taken is:
  1. Gross annual income
  2. Gross monthly income
  3. Net annual income
  4. Net monthly income
Grade 7 US Laws and Amendments
Income Tax
  1. 2nd
  2. 8th
  3. 12th
  4. 16th
Grade 8 Defining Words
Grade 11 Roaring 20s
What is national income?
  1. the total amount of money earned by businesses in one nation
  2. the total amount of money earned by individuals and businesses in one nation
  3. the total amount of money earned by individuals and businesses in two nations
  4. the total amount of money earned by individuals in one nation
Grade 11 Personal Finance
Which of these is not a source of income?
  1. allowance
  2. salary
  3. interest
  4. savings
Grade 11 Personal Finance
What is the guideline for the maximum amount you should owe each month for loan payments
(not including a home loan payment)?
  1. 10 percent of monthly gross income
  2. 10 percent of monthly net income
  3. 20 percent of monthly gross income
  4. 20 percent of monthly net income
Grade 12 Personal Finance
Grade 9 Personal Finance
Grade 7 Accounting
On an Income Statement one will find:
  1. Assets, liabilities and owner's equity
  2. Assets, expenses and owner's equity
  3. Revenue, assets and net income
  4. Revenue, expenses and net income
  5. None of the above
Grade 10 Economics
The difference between income and wages is:
  1. income is taxable, wages are not
  2. wages are taxable, income is not
  3. wages are only for labor
  4. wages are only for products sold
College Accounting
The deferred income tax liability:
  1. Represents income tax payments that are deferred until future years because of temporary differences between GAAP rules and accounting rules
  2. Is a contingent liability
  3. Can result in a deferred income tax asset
  4. Is never recorded
  5. Is recorded whether or not the difference between taxable income and financial accounting income is permanent or temporary
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