Human services: U4

Which of the following is NOT a variable expense?

• Buying clothes

• Going to the movies

• House insurance

• Buying a new phone

Lane is considering purchasing a new television and gaming system. He doesn't have enough saved to pay cash for the electronics. What is the most important factor Lane should consider before making the purchase?

• Whether he can afford the monthly payment offer being provided by the retailer manager.

• Whether the purchase price reflects the best deal currently available.

• How much discretionary income he has and whether he should adjust his fixed expenses to budget for the purchase.

Which borrower has the best credit score?

• Someone who has missed 2 car payments in the last 3 months.

• Someone who has frequently defaulted on their bank loans.

• Someone who has not defaulted on any debt payments

If you are designing a budget. There are some expenses that do not fluctuate on a monthly basis. What are these expenses that remain constant known as?

• unexpected expenses

• variable expenses

• fixed expenses

• transportation expenses

• grocery expenses

If you borrow money from a lending institution and agree to pay back the original amount plus the accrued interest, what does it signify?

• credit from the lending institution

• you are a creditor in the Lending institution’s account

• the lending institution has debited its account

• your personal account shows cash outflow

• lending institution shows cash inflow

What is shown in the image?

• A business letter

• A memorandums

• Notes

• A business report

With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?

• the names of all the items on the restaurant menu

• finance-related words such as depreciation.

• restaurant-related terms such as banquet.

• marketing terms such as product.

• advertising terms, such as brainstorming.

What is the best way to improve one’s speed in reading documents related to your profession?

• Become familiar with the technical words used in your profession.

• Read aloud.

• Ignore unknown vocabulary terms

• Only read very important documents.

Taylor should be more ................. if she wants to become a more effective listener.

• open minded

• intelligent

• discerning

• benevolent

What can help Sam improve her presentation skills?

• have the best PPT slides

• looking at a person with whom she is comfortable while making her presentation

• memorizing every single word in the presentation

• speaking clearly while making her presentation