Review Flashcards
1
Q
APR stands for
A
Annual Percentage rate
2
Q
Known as social security-tax to federal government
A
FICA
3
Q
Known as FICA
A
Social security tax
4
Q
Taxes taken out for the state government
A
State tax
5
Q
Expenses taken out of your paycheck
A
Payroll Deductions
6
Q
Expenses taken out of your paycheck for taxes
A
Tax deductions
7
Q
Expenses the tax law allows people to subtract from their gross income
A
Deductions
8
Q
Earned after completing high school requirements
A
High School diploma
9
Q
Generally earned after completing two years of college requirements
A
Associates degree
10
Q
Taxes taken out for the Federal government
A
Federal income tax
