Question 1

Which of the following are examples of fixed expenses?

Accepted Answer

Rent, car payment and student loan payment

Answer

Cell Phone Bill, gym membership, and gas

Answer

Groceries, rent, car payment

Answer

Gas, groceries, and student loan payment

Question 2

What's gross pay?

Accepted Answer

The total amount of an employee's earnings BEFORE deductions are taken out.

Answer

The amount the federal government takes out of your paycheck for social security

Answer

The amount you put aside for savings

Answer

It's the total amount of an employee's earnings AFTER all deductions.

Question 3

What's net pay?

Accepted Answer

The amount of a paycheck AFTER all deductions are taken out.

Answer

The amount the company matches for your 401k

Answer

The amount of a paycheck BEFORE all deductions are taken out.

Answer

The amount put aside for social security and Medicare

Question 4

What is included in FICA?

Accepted Answer

Social Security and Medicare

Answer

Savings and Social Security

Answer

Contributions to 401K and Medicare

Answer

Amount an employee earns BEFORE deductions

Question 5

What does FICA stand for?

Accepted Answer

Federal Insurance Contributions Act

Answer

Federal Interest Contributions Act

Answer

Family Insurance Contributions Act

Answer

Federal Immigration Comprehensive Act

Question 6

What is the form you need to fill out to get any financial aid from the federal government?

Accepted Answer

Free Application for Federal Student Aid

Answer

Free Admissions for Federal Students

Answer

Federal Admissions for Federal Schools

Answer

Federal Application for Free Student Aid

Question 7

What is the rule of thumb regarding how much to have set aside for emergency savings?

Accepted Answer

At least 3-6 months of expenses

Answer

At least 12 months of expenses

Answer

At least 1 month of expenses

Answer

At least 2 years of expenses

Question 8

What is a resume?

Accepted Answer

A document that showcases to potential employers why they should hire you

Answer

A process by which individuals apply to gain entry into a college or university

Answer

An estimate of income and expenditure for a set period of time.

Answer

A letter that relates your skills and experience to the job description and requested qualifications

Question 9

Transferable skills are

Accepted Answer

skills that you’ve used and developed through past experiences—including part-time jobs, internships, classes, and extracurricular activities—that can be applied to a number of different career paths.

Answer

skills that come directly from a past job in your field

Answer

Question 10

Which of the following are examples of soft skills?

Accepted Answer

communication and collaboration

Answer

digital design and programming

Answer

copywriting and marketing

Answer

JavaScript and HTML and CSS

Question 11

How long should a cover letter be?

Accepted Answer

1 page

Answer

2-3 pages

Answer

At least 1.5 pages

Question 12

The type of cover letter written by a job seeker and addressed to a company where they would like to work.

Accepted Answer

prospecting

Answer

referral

Answer

admissions

Answer

application

Question 13

What does HELP stand for in regards to job interviews?

Accepted Answer

Handshake, Eye contact, Language, Posture

Answer

Happy Face, Early, Language, Posture

Answer

Hug, Eye Contact, Language, Punctuality

Answer

Helpful, Eye Contact, Language, Punctuality

Question 14

What is the best way to respond to the request, "Tell me about yourself?"

Accepted Answer

Describe how your qualifications would enable you to provide value if you were hired.

Answer

Describe your hobbies and interests so that you are more than just a name on a resum

Answer

Describe the details of the fight you had with your previous job so that the interviewer knows why you left your last job

Answer

Describe what an ideal job would provide you by way of challenge and earnings potential

Question 15

What is the best way to respond to the question: "Why do you want this job?"

Accepted Answer

Indicate how you can make valuable contributions in this job.

Answer

Indicate that it is right for your career.

Answer

Indicate that you feel you can learn a lot to be an effective employee.

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