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D) paid to the City of Hamilton and withdrawn from your bank account every month.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