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Warrior Prep Units Review Flashcards | StudBud
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Warrior Prep Units Review
Warrior Prep Units Review
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Flashcards
25 cards
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Questions
25
Answers
1
What is the difference between gross pay and net pay?
Gross pay is before taxes and deductions. Net pay is your take-home pay.
Net pay is before taxes and deductions. Gross pay is your take-home pay.
There is no difference
Gross pay includes 401K. Net pay includes Health Insurance
2
How do people incur fees on their bank accounts?
The bank calls you to ask if you want fees
People tell the bank to charge them extra money
Fees are just put in when the bank wants
b. Fees incur from ATM usage and Overdraft usage
3
There are a total of 10 Multiple Intelligences.
True
False
4
What are the 3 main reasons that people borrow money?
Cars
Education
Houses
All of the above
5
It is important to pay yourself first and take a small amount each month to put into your savings account.
False
True
6
If I worked 10 hours at a rate of $10.00 an hour, my paycheck will total $100.00
False
True
7
We call “natural ways of thinking, feeling, and behaving” our _____.
Strengths
Talents
Abilities
Uniqueness
8
The job of a Social Media Influencer is to persuade followers to purchase sponsored products, goods or services
False
True
9
What is the difference between soft skills and hard skills?
Soft skills are less important to employers because they're not technical
In job postings, hard skills are "required" and soft skills are "preferred"
Hard skills are more advanced than soft skills
Hard skills are easily measurable; soft skills are "people skills"
10
The four Life Values include Inner, Social, Physical and:
Functional
Cognitive
Emotional
Financial
11
Which of these is a reason to open a free checking account?
Paying bills and money transactions are easier
all of the above
You can use ATMs, banks and digital wallets as needed
Keep your money safe and have more options for paying
12
Why is it important to know that your payment could take 4-6 business days to process?
So you can pay on the exact date it is due
So you can pay the bill in enough days for the money to get there on time
So you can pay late every time
So you can pay extra fees
13
How do peoples values and experiences affect how they make financial decisions?
Values and experiences do not matter
Values and experiences make you think about choices 1st then make decisions
Values and experiences make you save all your money
Values and experiences will influence you to go broke
14
Which of the following is the lowest credit score you can have?
0
200
300
100
15
What does it mean that the grocery store or food vendor hides the food product Unit Price?
They make it smaller so the product still looks cheaper.
A and B
They do not put one on.
Its small so you can't see a difference in unit price vs. regular price
16
Soft skills are a valuable skill set to have. All of the following are soft skills EXCEPT…
Creativity
Critical Thinking
Speaking multiple languages
Responsibility
17
What is the main purpose of Naviance?
College and Career Readiness
SAT Prep
ACT Prep
Self Discovery
18
Deposits are money that is taken out of your account and withdraws are money that is added to your account.
True
False
19
It is important to create a food spending budget for restaurants, ordering out, and friend gatherings.
False
True
20
Which of the following is not a preference area that makes up your Personal Learning Style?
Environmental
Mindset
Sensory
Intellectual
21
Which social media influencing tactic can be described as getting one to do or buy something because others are.
Flattery
Juxtaposition
Aspirational buying
Bandwagon appeal
22
Which of the following is the highest credit score you can have?
1050
1000
850
800
23
Brand name foods can be much cheaper than generic name foods.
False
True
24
Which of the following is not a reason for being able to explain my strengths and talents to others:
Establishes Motivation
Allows me to self-advocate
Identifies self-motivation
Makes me more conceited
25
YTD on a pay stub means:
Yes To Dancing
Year to Dance
Year To Date
Yes To the Dog