What is the primary purpose of having insurance?
Unit 2: Income and Career Review

Quiz
•
Business
•
12th Grade
•
Hard
Robert Zinni
FREE Resource
19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase your income
To protect against financial loss
To avoid paying taxes
To save money for retirement
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a type of insurance?
Mortgage insurance
Health insurance
Car insurance
Rental insurance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common step towards expressing interest in a job?
Submitting a Letter of Recommendation
Providing a list of achievements
Sending in a Resume and Cover Letter
Writing a poem
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What Tax document is completed on your first day of work?
1099 Form
W-4 form
I-9 Form
W-2 form
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a mandatory deduction from your paycheck?
Medicaid
Retirement Contributions
Municipal Tax
Social Security
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of insurance is specifically designed to cover medical expenses?
Auto insurance
Life insurance
Health insurance
Homeowners insurance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which form is used to determine the amount of federal income tax to withhold from your paycheck?
W-2 form
I-9 form
W-4 form
1099 form
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