Personal Finance 3.00

Question 1

High-cost consumer loans are not also known as private loans

Accepted Answer

False

Question 2

One's educational loan payments require no more than 15% of starting income. What do u consider

Accepted Answer

Debt-to-income ratio

Question 3

Associate degree is how many years in college?

Accepted Answer

2

Question 4

Scholarships, grants, work-study is money that you have to pay back.

Accepted Answer

False

Question 5

What are ways people are paid?

Accepted Answer

Paper check, payroll card, direct deposit

Question 6

To delay or postpone action, putt off doing something else.

Accepted Answer

Procrastinate

Question 7

Group of establishments that produce similar products or providesimilar services.

Accepted Answer

Industry

Question 8

What are some pros to receiving a higher education?

Accepted Answer

All of the above

Question 9

What is the difference between being paid hourly and salary

Accepted Answer

Salary is a fixed amount paid, hourly is specific rate paid

Question 10

An activity through which an individual can earn money

Accepted Answer

Job

Question 11

A series of connected education and training programs that allow you to secure a job

Accepted Answer

Career pathways

Question 12

Changing her major and/or her college could result in:

Accepted Answer

Losing credits for classes she has already taken

Question 13

How often should you fill out the FAFSA?

Accepted Answer

Every year

Question 14

Which takes longer to get a Doctor degree or a Master's degree?

Accepted Answer

Doctor

Question 15

A standard tool that calculates whether a borrower will have difficulty meeting his or her loan

Accepted Answer

Debt-to-income ratio

Question 16

Control over the amount of time spent on specific activitie especially to increase effectivness

Accepted Answer

Time management

Question 17

Which is an example of employee benefits

Accepted Answer

All of the above

Question 18

While working Joe slipped on the wet floor and was injured. Which benefit will cover medical.

Accepted Answer

Worker's compensation

Question 19

Describes an incoming student who has the knowledge and skills to succeed in entry-level class

Accepted Answer

Well-rounded student

Question 20

Is it true that you need to be a life long learner

Accepted Answer

True

Question 21

You have to have a Bachelor's degree before you can get a Masters?

Accepted Answer

True

Question 22

Total tax bill is....

Accepted Answer

Tax liability

Question 23

If you are a lifelong learner will that benefit your current and future employment

Accepted Answer

True

Question 24

A strategy in which you visualize your goal as achieved and work backwards to where you are now

Accepted Answer

Backwards planning

Question 25

A life journey of building and applying skills, knowledge.

Accepted Answer

Career

Question 26

Which of the following would help you lower the cost to go to college?

Accepted Answer

Attend a community college first

Question 27

Stacey is starting a new job. In order for her manager to know how much to withhold in tax.

Accepted Answer

W4

Question 28

Age, race, and field of study does not impact eligibility.

Accepted Answer

True

Question 29

Cost of attendance - grants and scholarships = ?

Accepted Answer

Net price

Question 30

What are the types of continuing education?

Accepted Answer

Both informal and formal

Question 31

Cost of attendance - expected family contribution = ?

Accepted Answer

Financial needs

Question 32

You use your PIN number to sign the FAFSA electronically

Accepted Answer

True

Question 33

Average cost of basic necessities, such as housing and food.

Accepted Answer

Cost of living

Question 34

Ashley is going to a networking event for her job. What type of continuing education?

Accepted Answer

Informal

Question 35

Products or services provided by an employer that adds extra value for employees beyond wages

Accepted Answer

Employee benefits

Question 36

Grouping of jobs that perform similar tasks?

Accepted Answer

Occupation

Question 37

The more education you have the potential of what happens?

Accepted Answer

Make more moeny

Question 38

making connections with people, adding skills, increasing knowledge. Are what type of training?

Accepted Answer

Informal

Question 39

For a subsidized loan you must demonstrate financial need.

Accepted Answer

True

Question 40

What is a W4 form?

Accepted Answer

Form that you fill out for taxes

Question 41

For an unsubsiditized loan your financial need is NOT required.

Accepted Answer

True

Question 42

A check written to a worker in the amount of money earned. Is being paid how?

Accepted Answer

Paper paycheck

Question 43

A standard by which something can be measured or judged

Accepted Answer

Benchmarks

Question 44

Job description, wage, employee benefit, location are things to consider when.....

Accepted Answer

Considering a job offer

Question 45

A re-loadable debit card onto which a worker is paid.

Accepted Answer

Payroll card

Question 46

Skills, knowledge and experiences possessed by an individual

Accepted Answer

Human capital

Question 47

What form should students fill out that are going to college that opens on January 1st?

Accepted Answer

FAFSA

Question 48

Products or services provided by an employer that provide extra value beyond wages

Accepted Answer

Employee benefits

Question 49

Wages are put into a banking account from the employer.

Accepted Answer

Direct deposit

Question 50

Lisa is laid off from her job. Which benefits will cover a portion of Lisa's income.

Accepted Answer

Unemployment insurance

Question 51

Interpersonal, Analytical, Technical, Organization are the 4 types of what?

Accepted Answer

Transferable skills

Question 52

Amount of money left once all deductions have been taken from gross income

Accepted Answer

Net income

Question 53

The demand for a particular job when you are qualified and ready to enter the field

Accepted Answer

Job outlook

Question 54

Cost of attendance - Financial aid awarded = ?

Accepted Answer

Non-need based aid

Question 55

A person who relies on the taxpayer for financial support

Accepted Answer

Dependent

Question 56

Qualifying dependents(person who relies on taxpayer for financial support)....is known as______

Accepted Answer

Allowance

Question 57

Outlines the deductions made to wages

Accepted Answer

Pay stub

Question 58

What are the types of higher education finical aid?

Accepted Answer

All of the above

Question 59

Jean is taking classes to get her Master's degree. What type of continuing education?

Accepted Answer

Formal

Question 60

Versatile skills that are applied to personal and professional roles

Accepted Answer

Transferable skills

Question 61

A post secondary applicant who is able to demonstrate academic promise, strength of character.

Accepted Answer

College ready

Question 62

What is a reason to develop your career?

Accepted Answer

All of the above

Question 63

Bachelor's degree is how many years in college?

Accepted Answer

4

Question 64

Greater job security, increased employability, increased earnings are benefits of what?

Accepted Answer

Formal training

Personal Finance 3.00

Questions 64

Personal Finance 3.00

Questions 64