All of the following are good ways to prepare for an interview EXCEPT

call and email the company several times to ask questions and confirm

What does it mean to "pay yourself first" when creating a budget?

save part of your paycheck first, before you can spend it on anything

which of the following would increase the amount of money in your checking account?

use a smartphone to make a mobile deposit

needs are expenses you cannot avoid, wants are optional

Simple interest vs. compound interest

simple is calculated on principal only, compound includes interest earned

Which of the following tis the key benefit of a high credit score?

you will qualify for lower interest rates on loans or credit cards

You are borrowing to buy a car, what type of interest rate should you be looking for?

low interest rate, so you pay less

when you use a credit card, where does the money come from?

credit company pays the store, you pay the credit card company back later

What do a restaurant receipt and a checking account statement have in common?

you should review both to make sure that they are accurate

What is the purpose of setting up an emergency fund?

to pay for unexpected expenses that may come up

All of the following are reasons why digital citizenship is important EXCEPT

it aids in building financial independence

What information should be included in your resume?

involvement in extracurricular activities and leadership roles

Which of the following is an example of comparison shopping

researching which online store has the lowest price on the tent you want

What is cross contamination?

When harmful bacteria from one food spreads to another

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NGPF Middle School Final Review

25 termsStudBud Administration731 plays

6/1/21

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Questions 25

Answers

1
All of the following are good ways to prepare for an interview EXCEPT
call and email the company several times to ask questions and confirm
get a good night sleep and arrive early
bring a few extra copies of your resume
research the company
2
Which soft skill would you list on your resume when applying to become a tutor?
speaks Spanish
Taken advanced placement courses
strong communication skills
current GPA of 4.0
3
What does it mean to "pay yourself first" when creating a budget?
buy everything that you need, then worry about buying for other people
ask your boss for a raise, that way your paycheck is higher
save part of your paycheck first, before you can spend it on anything
Get your check on payday first thing in the morning
4
which of the following would increase the amount of money in your checking account?
use a prepaid card to purchase a month of Netflix access
using a debit card to buy a birthday present
using venmo to pay a friend for dinner
use a smartphone to make a mobile deposit
5
What tool would be the best to help you know exactly how much you earn and how much you spend?
a credit card
a stock market portfolio
a budget
a checking account
6
needs vs wants
needs are expenses for your entire family, wants are for you personally
needs are expenses you cannot avoid, wants are optional
needs are bills you have to pay, wants you are bills you are excited to pay
needs are paid for by the government, wants you pay yourself
7
What are the two main categories in a budget?
paycheck and taxes
income and expenses
credit cards and debit cards
insurance and investments
8
Simple interest vs. compound interest
simple is your gross pay, compound is your take-home (net) pay
simple is guaranteed profits, compound is risky
simple is calculated on principal+interest earned, compound, justprincipal
simple is calculated on principal only, compound includes interest earned
9
Which of the following tis the key benefit of a high credit score?
your employer will give you a raise
Better chance of being accepted to the college of your choice
you will have more money in your checking and savings accounts
you will qualify for lower interest rates on loans or credit cards
10
You are borrowing to buy a car, what type of interest rate should you be looking for?
compound interest, so the value of the car goes up quickly
high interest rate, so you pay less
high interest rate, so you can get a really fancy car
low interest rate, so you pay less
11
Which of the following will help protect you from identity theft?
send important personal and banking information only through email
Share your account numbers and passwords with one person you trust
use the same username and passwords for all your accounts
only use secure wifi networks
12
when you use a credit card, where does the money come from?
you get the cash from an ATM, then make the purchase
Straight outta your checking account
your savings account, at the end of the month
credit company pays the store, you pay the credit card company back later
13
What do a restaurant receipt and a checking account statement have in common?
you should review both to make sure that they are accurate
you have to pay a fee for both
You can use both to check on your stocks
you need a copy of both to get into college
14
The safest way to thaw frozen food is to
set it on the coutertop
thaw in refrigerator
put it in the microwave
thaw under cold water
15
What is a financial benefit of a college degree?
higher earning potential
higher credit score
too much debt
easier to get a loan
16
which of the following items on your paystub can go directly into your checking account
FICA MED TAX
net pay
Social Security
Gross wages
17
What is the purpose of setting up an emergency fund?
use it to pay for college or buy a house
to pay for unexpected expenses that may come up
save it for common monthly expenses like rent, insurance and other bills
to invest it into the stock market and make huge profits
18
What should the internal temperature be when cooking chicken?
155
135
165
145
19
All of the following are reasons why digital citizenship is important EXCEPT
it aids in building financial independence
it helps prevent cyberbullying
it encourages digital health and wellness
it promotes online safety
20
When you are still in school, what is the most common deduction from your paycheck?
retirement savings
you are too young for deductions
taxes
insurance premiums
21
For food safety, what is the temperature danger zone?
40-140 F
any temperature above 40
about tree fitty
35-120
22
You want to save $300, your allowance is $30 a month, you save $15 and you spend $15. How many months will it take you?
20
10
12
30
23
What information should be included in your resume?
involvement in extracurricular activities and leadership roles
courses you plan to take in high school
Parents names and how to reach them
a list of your favorite social media apps
24
Which of the following is an example of comparison shopping
only use cash, so you spend less
researching which online store has the lowest price on the tent you want
cutting out coupons before you go shopping
buying all your clothes at the salvation army
25
What is cross contamination?
When you spill something and don't clen it up right away
When a bacteria breeds with a virus
when a religious symbol gets dirty
When harmful bacteria from one food spreads to another

NGPF Middle School Final Review Flashcards | StudBud