FinLit Unit 1 Exam Study Guide
Authored by Christi Nicole Fletcher
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12th Grade
Used 1+ times
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37 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Communication is one of the most important hard skills in today's workplace.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The business cycle repeats every year, peaking during the Christmas shopping season.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regardless of the style used, a resume should always include personal information, education, and work experience.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All types of earned income are subject to income taxes and Social Security taxes.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Employers are required by law to make contributions to employee retirement accounts.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Payments received for alimony and child support are forms of unearned income.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales tax is a progressive tax because it places a greater burden on higher-income people.
True
False
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