GFL State Review #4

Front

When filing an insurance claim, the policyholder must pay a ______, which is the amount you owe before insurance will cover the rest of the bill.

Back

deductible

Front

What does liability insurance NOT cover in the event of an accident? Options: damage to someone else's car, damage to someone else's property, injury to yourself, injury to the other driver

Back

injury to yourself

Front

The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called

Back

net pay

Front

Which of the following statements is true about taxes?
Taxes pay for schools and government departments.
Taxes pay for roads and emergency services.
Taxes are often used at the federal, state, and local levels.

Back

All of the above.

Front

Healthcare, paid time off, disability insurance, and matching contributions to a retirement account are all types of ______ available from your employer.

Back

benefits

Front

Which of the following actions could you take to increase your chance of being promoted?
- offer to assist a team member in testing new software
- be proactive in investigating how to reduce shipping costs
- ask your supervisor if you can lead a meeting
- all of the above

Back

all of the above

Front

When you file your tax return, you may be able to claim _____________.

Back

deductions

Front

An individuals income after taxes are paid is called ________.

Back

Net Pay, net pay

Front

What does FDIC stand for?

Back

Federal Deposit Insurance Corporation

Front

Which of the following is NOT an example of a need? healthy food, safe shelter, designer clothing, clean water

Back

designer clothing