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STEM Financial Literacy Quiz 1 Flashcards | StudBud
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STEM Financial Literacy Quiz 1
STEM Financial Literacy Quiz 1
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1
Which state has the highest state income tax?
Ohio
Texas
California
Montana
2
Which type of interview involves several interviewers, in person, at once?
Working
Traditional
Panel
Phone
3
Health Care is paid for by which tax?
Federal income tax
Local income tax
State income tax
School tax
4
Social Security gives money to which group of people?
Puerto Ricans
Retired People
Old People
Republicans
5
Tuition is the fee for:
Books and classroom materials
Potentially addictive substances
The dorms you live in
The classes you take
6
The lights in your apartment fall under which utility?
Electric bill
Local taxes
Water bill
Phone bill
7
Which of the following would be funded by your federal taxes?
Repairing damaged roads in Kettering
Drone striking civilians in Syria and Yemen
Local Jails
Increasing funding for Dayton Public Schools
8
When do you get your apartment deposit back?
After paying 6 months of rent
You never see that money again
After you move out
After living there for 1 year
9
Which type of interview involves a task you complete to show skills?
Case/puzzle Interview
Russian Interview
Group Interview
Working Interview
10
FAFSA stands for:
Free Application for Financial Student Assistance
Federal Application for Financial Student Aid
Free Application for Financial Student Aid
Free Application For Student Aid
11
Which tax funds police departments?
Social Security
State
Medicare
Federal
12
Gross income means:
Wage you earn before taxes are taken out
Wage you earn before paying tithing
Wage you bring home after taxes
Wage you bring home after giving charitable donations
13
Renting an apartment comes with which kind of contract?
Life term
Long term
Short term
5-10 year term
14
How far away from your job do you typically want to live?
12 hours
1 hour
About half an hour
5 minutes
15
FICA stands for:
Federal Insurance Contributions Act
Federal Interstate Contributions Act
Federal Investment Contributions Act
Federal Income Contributions Act
16
Your income after taxes are taken out is called:
Gross Pay
Net Pay
Marxist Pay
Theft
17
Which tax takes out the largest chunk of your paycheck?
Federal Income Tax
FICA
Child Support
State Income Tax
18
When do monthly student loan payments begin?
After 1 year of college
Right after you graduate
After you've secured a job
Within 2-3 years of graduating
19
Which type of place to live is most ideal for short term, low maintenance living?
Dorm room
Apartment
House
Your mom's basement
20
Which interview is most likely to take place first?
Case/puzzle
Phone
Traditional
Lunch
21
A job interview should be viewed as which of the following?
A social event
A networking opportunity
A competition to survive
A learning experience
22
Which utility (in most older apartments) covers stove or ovens?
Water
Wifi
Gas
Electric
23
A studio apartment has how many rooms?
Literally just 1
3
2-3
1