9 EBC

Which of the following is NOT a type of work?

• Paid work

• Income work

• Unpaid work

• Volunteer work

The type of paid work where you must work 38 hours per week is called what?

• part-time

• hourly work

• weekly work

• full-time

The reasons why people work does NOT include:

• financial

• the government tells you to

• social

• personal

What does NES stand for?

Net income = ???? - expenses/taxes

Trade Unions are created to protect employees and to resolve issues in the workplace

• True

• False

Which of the following is an example of a FIXED cost

• clothes

• weekly groceries

• recreational activities

• rent payments

What is 1 strategy involved in managing financial risks and rewards?

SMART goals stands for goals that are:

• Specific, Measurable, Attainable, Real and Timely

• Specific, Measurable, Achievable, Relevant and Timely

• Specific, Magic, Achievable, Relevant and True

• Specific, Measurable, Achievable, Real and Time poor

Saving for a house is an example of a:

• long-term financial goal

• short-term financial goal

• medium-term financial goal