stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
FMS Final Quiz Flashcards | StudBud
Explore
/
FMS Final Quiz
FMS Final Quiz
37 terms
·
StudBud Administration
Final Quiz for Financial Management Software Ximena Esparza Acero 4/June/2025 5A Dr. Childs
Flashcards
37 cards
F
Practice quiz
P
Host live
L
Questions
37
Answers
1
T or F: The following example is good example of overtime pay$10/hour regular → $25/hour overtime
False
True
2
T or F:
Employers often match your 401(K) savings.
False
True
3
Pre-tax contributions grow tax-free until what time?
Retirement
Get full time job
Graduation
Change Job(s)
4
In case of unexpected expenses, use your...
401K
High-Yield Savings
Certificates of Deposit (CDs)
Emergency fund
5
What should you
not
include in your resume?
Skills
Education/work/volunteer
Contact Info.
Hobbies
6
Fill in the blank:
The first steps to open a business in Maryland is to choose a name and a legal ______.
Aparence
Adress
Adress
Schedule
7
What are the ways that you can keep your score high?
Keep debt low
All of the above
Pay bills on time
Use credit responsibly
8
Overtime payment is given after how many hours one worked in one week?
35
30
40
20
9
What are the ranges for the scores?
400-500
500-750
300-850
150-1000
10
What does the Maryland Chamber of Commerce lets students connect for?
Events
All of the above
Interships
Mentoring
11
What is
not
an example of a tech job?
Data science
Cybersecurity
Team Manager
Software Development
12
Windows, macOS are examples of ________ software(s)
Application Software
System Software
Utility Software
13
Maryland Chamber of Commerce help businesses to
not
grow through what?
Loans
Resources
Networking
Policy advocacy
14
Antivirus, file managers are examples of ________ software(s)
Application Software
Utility Software
System Software
15
One has to start early, to benefit from what 401K (special) interests?
All of the above
Credit Interest
Compund Interest
Tax Interest
16
What does the organization, Blacks In Technology Foundation, support?
Inclusion in the Humanities fields
Inclusion in the STEM fields
Inclusion in the Arts fields
Inclusion in the Arts fields
17
What should
not
one include in a budget?
Select all that apply
Income
Expenses
Tariffs
GDP
18
Choose the bank account that offers higher interest, but funds are locked
401K
High-Yield Savings
Emergency fund
Certificates of Deposit (CDs)
19
T or F:
FAFSA stands for Free application for federal student aid
True
False
20
One has to register their business MDAT, which stands for what?
Maryland Discounts for Assests & Tycoons
Maryland Department of Agriculture & Treasureres.
Maryland Department of Assessments & Taxation
Mryland Dominican Arrgangements Taxes
21
Select the definition of Confirmation Bias
Tendency to overestimate one's abilities, especially when lacking expertise
The tendency to favor information that confirms your existing beliefs
The tendency to focus on negative info or stimuli more than positive ones
Tendency to see faces in objects or other random patterns
22
Fill in the blank:
Save part of every ________ or ________ can help you make money as a teen.
Bill, Allowences
Paycheck, Bill
Paycheck, Allowences
Allowences, Recipt
23
What benefits do you obtain with business credit?
Select all that apply
Open more bank accounts
Materials for your business
Vendro terms
Higher chances of getting loans
24
Fill in the blank:
___ score that shows how well you manage borrowed money
Businness Credit
College Credit
Personal Credit
Trasnportation Credit
25
Learn to challenge your views and seek multiple perspectives is a way to challenge what?
Dunning-Kruger effect
Pareidolia
Confirmation bias
Negativity bias
26
T or F:
After you finish your first resume, it should stay like that until your retirement.
True
False
27
Which of the followings are not included in FAFSA?
Scholarships
Grants
None of the above
Loans
28
What is an example of an app that lets you budget?
Instagram
Rocket Money
Whatsapp
Google Scholar
29
Word, Excel, Photoshop are examples of ________ software(s)
Utility Software
System Software
Application Software
30
T or F:
Business credit is like personal credit, but for a business
True
False
31
Retirement savings through your job is found where?
401K
Emergency fund
High-Yield Savings
Certificates of Deposit (CDs)
32
What are examples of action words that you can add to your resume?
All of the above
“Organized”
"Creative"
"Led"
33
Which bank account offers high-yield savings?
401K
Emergency fund
Certificates of Deposit (CDs)
High-Yield Savings
34
Fill in the blanks: Rocket Money is a budgeting app that tracks _______, ________, and helps _______.
(Select 2 answers)
Helps to Transfer Money
Pictures & Credit
Spendings & Suscriptions
Helps to Save
35
What can you do to practice budgeting skills?
Organize a budget for a fictional person
All of the above
Create your own budget(s)
Make a budget for a friend
36
How much does the FLSA mandate overtime pay to be?
3.0x
2.5x
2.0x
1.5x
37
Fill in the blanks:
Get necessary licenses/______ and a ________ bank account
(Choose 2 answers)
Building
Permits
Money
Bank Account
