Quiz #4 Review

Question 1

What does FMLA stand for?

Accepted Answer

Family Medical Leave Act

Question 2

Choose the three categories included in the 50/30/20 rule

Accepted Answer

Savings, Wants, Needs

Question 3

What is the federal health plan that will allow for up to 12 weeks of leave from work?

Accepted Answer

FMLA

Question 4

"Net" income is your pay AFTER taxes...

Accepted Answer

True

Question 5

What is a budget?

Accepted Answer

A spending plan.

Question 6

Who introduced the Paycheck Fairness Act of 2023?

Accepted Answer

Senator Barbara Mikulski

Question 7

What was created to help with the gender wage gap?

Accepted Answer

Paycheck Fairness Act of 2023

Question 8

Gross Income is your pay BEFORE taxes...

Accepted Answer

True

Question 9

What does SAT stand for?

Accepted Answer

Scholastic Aptitude Test

Question 10

What does ACT stand for?

Accepted Answer

American College Testing

Question 11

What does GED stand for?

Accepted Answer

General Education Development

Question 12

Occupational Segregation is one of the causes of the gender wage gap...

Accepted Answer

True

Question 13

True or False: High school dropouts make about the same amount of money as someone who graduated.

Accepted Answer

False

Question 14

Budget is derived from the Latin word "Bulga" which means:

Accepted Answer

Small pouch

Question 15

True or False: Every college will accept a GED for admissions...

Accepted Answer

False

Questions 15