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CFM On the Job Flashcards | StudBud
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CFM On the Job
CFM On the Job
38 terms
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38 cards
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Answers
1
Largest amount of tax withheld from your pay.
Luxury tax
Federal tax
FICA
State tax
2
Charges that a bank imposes for various reasons.
Credit score
Fixed Income
Interest
Bank Fees
3
Government agency that governs safety on the job.
William Mattar
Ocean
Hasbro
OSHA
4
Form that states how much you earned and amount of taxes withheld the previous year.
WW1
W4
W2
WWW
5
Signing the back of a check and then either getting the cashing it at the bank.
Restricted Endorsement
Blank Endorsement
Deposit Slip
Special Endorsement
6
Form used at the bank to indicate how much money you are putting into your account.
Charge card
Interest Rate
Withdrawal Slip
Deposit Slip
7
Customers can use their debit card to withdraw their money from this...
School
MAT
ATM
7-11
8
Amount of money left over after deductions are taken out.
Pay period
Year to date
Gross pay
Net pay
9
You write a check but don't have enough funds in your account to cover it. This is called...
Balancing a check
Voiding a check
Bouncing a check
Flipping a check
10
A security number, usually four digits, that you want to memorize.
IDK
PIN
Phone
CD
11
Process of making sure your check register matches your monthly bank statement.
Reconciliation
Match up
Savings
Interest Rate
12
Retirement Account that anyone can get and it is not connected to an employer as a 401K is.
IRA
RIS
IRS
AIR
13
Government agency that enforces tax laws and collects taxes.
ISR
IRS
ABC
SRI
14
Someone who buys or uses products and services.
Student
Patient
Consumer
Adult
15
This voluntary deduction is the typical name for a retirement benefit.
I9
IT201
401K
W4
16
Type of financial institution where you actually become a member when you open an account.
Bank
Savings and Loan
Credit Union
Money Market
17
3 digit number on back of your debit or credit card. It serves as another layer of protection.
PIN
Verification number
Expiration date
Birthdate
18
“For deposit only” is on the back of a check.
Credit
Restrictive Endorsement
Blank Endorsement
Special Endorsement
19
This is used to keep track of all your transactions.
iPhone
Notepad
Check Register
Savings account
20
Your employer automatically puts your paycheck into your checking account, this is called....
Salary
Direct Deposit
Payee
CD
21
When you should record your transactions in your check register...
A day later
End of the Month
Never
Immediately
22
All the monies taken out of your pay are called this.
Withdrawals
Not fair!
Deductions
Taxes
23
An obligation of repayment owed by someone to another person.
Debt
Charge slips
Capital Gain
Promise
24
This is used to withdraw money from your checking account at an ATM.
Debit Card
Credit Card
Check
Deposit Slip
25
Form you complete to indicate to your new employer how much tax to withhold from your pay.
W2
W4
I9
WD40
26
Amount of money earned before deductions.
Year to date
Net pay
Pay period
Gross pay
27
When it comes to managing money, success is most about this.
Trust
Behavior
Brains
Math knowledge
28
How many reindeer pull Santa's sleigh?
8
12
4
10
29
If you get hurt on the job, your medical is covered by this.
Benefits
Worker's Compensation
Withholdings
You are not covered
30
Time frame on a paystub that indicates when the wages were earned.
Pay period
Net pay
Year to date
Check number
31
Your money is protected in the bank up to $250,000 by this federal agency/organization.
FDIC
FIDO
FICA
FICO
32
A fee paid by a borrower to the lender for the use of borrowed money.
Debt
CD
Goods
Interest
33
A bank lends you money and charges you interest to borrow that money. Often called a “note.”
Interest
Debit
Loan
Credit
34
Indicates on back of check that it is to be transferred to someone else. "a two-party check"
Debit
Blank Endorsement
Restricted Endorsement
Special Endorsement
35
Learning about money and personal budgeting and money management.
Certificate of Deposit
Financial Literacy
Money Management
School of Business
36
FICA (federal insurance contribution act) is the tax you pay for social security and this.
Disability
State tax
Medicaid
Medicare
37
Savings account with higher interest, but you can’t touch the money until a certain time.
Stocks
Yield
Certificate of Deposit
Interest
38
What is X to the zero power?
Undefined
X
0
1