Personal Finance
December 30th, 2012
Lesson 1 (3.0 points)
1. What is renting? (0.5 points)
-To pay property every set amount of time (month, year) for something.
2. What is a fiscal plan? (1.0 points)
In business, a monetary plan tail refer to the triplet primary financial submitments balance sheet, income presentment, and currency flow.
3. What is income? (0.5 points)
Money received, esp. on a regular basis, for work or through investments.
4. What is a projection? (0.5 points)
An estimate or judge of a future situation or trend base on a study of present ones.
5. What is a give? (0.5 points)
Intend, desire, or wish (something) to happen: he was doing what the saint willed.
Lesson 2 (3.0 points)
1. What is a tax? (0.5 points)
A compulsory contribution to state revenue, levied by the government on workers income and business profits.
2. What is the Internal tax Service? (0.5 points)
They are the bureau of the Treasury Department trustworthy for tax collections.
3. What is the capital gains tax? (0.5 points)
capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a follow amount that was lower.
4. Give at least(prenominal) two examples of types of state taxes. (1.
0 points)
-Sales Taxes
-Personal Income Taxes
-Property Taxes
-Inheritance and Estate Taxes
5. What is a pay stub? (0.5 points)
-A sort of put across of your paycheck. Normally attached below your check. Proves you were paid, and on what day.
Lesson 3 (3.0 points)
1. What is financial responsibility? (0.5 points)
Being responsible with money.
2. Give at least two examples of utilities. (1.0 points)
-Heating
-Electric
-Water
3. What are features? (0.5 points)
-Anything pleasing or good round a thing. [e.g. This home features an indoor swimming pool and three bathrooms]
4. What are benefits? (0.5 points)...If you want to get a full essay, coordinate it on our website: Orderessay
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