Digital Literacy Final Assessment Review

What is the knowledge and skill-set necessary to manage your finances and be an informed consumer?

• Financial Manager

• Financial Literacy

• Entrepreneur

• Credit Score

What is the written financial plan that lets you manage your income and expenses for a set period of time?

• Financial Plan

• Tax Return

• Insurance Policy

• Budget

What is Gross Income?

• Earnings AFTER taxes and deductions

• Earnings BEFORE taxes and deductions

• Income from a job you really don't like

Which of the below BEST describes your net income?

• Your take-home pay

• Your total hours worked multiplied by your hourly pay rate

• Your income tax refund

What is a Predatory Lender?

• A business with dishonest lending practices

• A lender who charges very high rates of interest

• A lender who takes advantage of people in desperate financial circumstances

• All of the Above

Why is debt considered to be the leading financial problem for most Americans?

• People love to spend money

• Debt is not really a problem for most people

• It keeps most Americans from building wealth

How should you dress for a professional job interview?

• Professional business attire

• Casual clothing, like jeans, is usually fine

• Your clothes won't matter; only your attitude counts

What is the most professional way to quit a job?

• Always call your boss; then you don't have to go back

• Send a professional text message

• Have your friend tell your boss

• Written Letter of Resignation

You should always include a photo of yourself with a resume and cover letter.

• True

• False

Always keep your phone set to SILENT or VIBRATE during a job interview.

• True

• False