Career Exam

Commission is when you are paid a percentage on sales such as a relator or car salesman

• True

• False

Vacation is considered a benefit

• True

• False

A commission is __________.

• a percentage paid for sales or services

• an old church

• the same thing as a pension

• income used when you retire

The total amount of income you earn in a pay period before any deductions are taken out

• Gross pay

• Net pay

What is net income?

• Amount of money earned after deductions
• Cost of lifetime allowance
• Amount of money earned before deductions
• Keeping your money in a net

I don't have to pay taxes because I'm not 18 years old yet.

• TRUE

• FALSE

The first step in creating a budget is _________.

• know your income

• determine fixed expenses

• determine variable expenses

• review periodically

This month Manny expenses are greater than his income. What are two actions can he take in order to balance his budget?

• Increase expenses and decrease income

• Decrease expenses and decrease income

• Decrease expenses and increase income

• Increase expenses and increase income

A plan on how to spend and save money

• Saving

• Spending

• Budget

• Income

Which statement about customer service is correct?

• Excellent customer service results in a more positive business

  reputation.

• Excellent customer service results in more promises and

  therefore more lawsuits.

• Excellent customer service results in fewer loyal customers.

• Excellent customer service results in lower wages.