Types of expenses, types of accommodations
  • 1. Income Tax is:
A) paid by you after the government tells you how much you need to pay.
B) paid to the City of Hamilton and withdrawn from your bank account every month.
C) paid to the federal government and deducted from your gross pay.
D) automatically refunded to you every April.
  • 2. Employment Insurance is:
A) a lump-sum payment given to you by your employer if you lose your job.
B) money given to you by the Ontario government when you are unable to work anymore.
C) money deducted from your pay that can be used in case you lose your job.
D) money that you must save yourself in case you lose your job.
  • 3. A condo is
A) a fancy apartment that you can rent.
B) always very expensive.
C) an apartment that you can buy.
D) always part of a high-rise building.
  • 4. A semi-detached house
A) is an "end unit" in a housing complex.
B) shares only one wall with a neighbour.
C) is in very poor repair and has one wall that is open to the outside.
D) has a "finished" basement with a full bathroom and kitchen.
  • 5. Typically, this type of accommodation is the least expensive:
A) the upstairs of a house
B) a bachelor apartment
C) a townhouse
D) a rented room
  • 6. Which of the following is a "non-essential" expense?
A) shelter
B) hydro
C) internet
D) groceries
  • 7. Abdi is paid bi-weekly. Which statement is correct?
A) He is usually paid twice a month. And twice a year, he is paid three times in a month.
B) When he is paid depends on his rate of pay.
C) He is paid every 25th of the month.
D) He is always paid twice a month.
  • 8. Efrah lives in an apartment, which of these amenities must she have?
A) swimming pool
B) free parking space
C) gym
D) laundry facilities
  • 9. CPP is:
A) a pension plan that only certain Canadians have access to.
B) the Cannabis Prevention Police
C) a pension plan that all Canadians pay in to.
D) the Canadian Provincial Police.
  • 10. If Abdulhamid pays $950 per month in rent, how much does he pay annually?
A) $79.17
B) $962
C) $9,500
D) $11,400
Students who took this test also took :

Created with That Quiz — the site for test creation and grading in math and other subjects.