Unit 4: Financial Lit. Review (Part 1)

Where should you look for unbiased and objective info before buying a computer?

Which factor has the biggest impact on a credit score?

Which career is likely to earn the highest salary?

Ashley wants to make a purchase using her checking account. What method of payment should she use get funds immediately?

Which of the following is NOT an example of a job skill?

Which of the following is NOT true of a budget? [note capitalization of “NOT”]

Which of the following statements is TRUE:

Which of the following is a variable expense for many adults?

Opportunity cost is...

A ________________ is usually paid on a biweekly or monthly basis for professional employment.

Over a lifetime, how much can one with a professional degree earn compared to one with just a high school diploma?

Income earned on an hourly basis is called a:

If you are trying to reduce the cost of college, which of the following strategies is likely to save you the most money?

Which of the following would be considered a want for most people?

Which of the following is not a source of income?

Which of the following expenses should be included in a typical budget?

The most direct way for Jonathan to gain on-the-job experience and earn money while attending school is to apply for:

Which of the following things should you do first when planning your career?

Which of the following is NOT a successful budgeting strategy?

Which career is least likely to be impacted by poor economic conditions?

Which of the following is the best reason to use cash for purchases?

What is the problem with paying only your minimum credit card balance each month?

What is the best strategy to avoid paying interest on your credit cards?

The opportunity cost of earning an advanced college degree is that:

Cynthia writes computer programs for phones and has received five job offers in the last week. This is most likely b/c:

Which of the following statements is TRUE about payday loans?

Your friend’s parents are worried about going over their budget for the month. Which expense is NOT a need?

If you know the unit price of an item, you are better able to

Shannon has been a member of the newspaper club for 2 years and writes in her free time. Which career should she explore