Finance Skills and Concepts Quiz

Which of the following is considered a hard skill in finance?

• Effective teamwork

• Financial modeling using Excel

• Active listening

• Time management

You are preparing a resume for a finance internship. Which section should you include to highlight your proficiency in using accounting software?

• Education

• Skills

• Hobbies

• References

If you are asked to demonstrate a soft skill during a finance job interview, which of the following would be most appropriate?

• Explaining how you analyze financial statements

• Describing how you resolve conflicts in a team

• Listing the accounting software you know

• Showing your ability to use a calculator

Which tax form would you use to report your annual wages and taxes withheld if you are an employee?

• 1099-MISC

• W-2

• 1040-ES

• 1098-T

A finance professional lists “data analysis” on their resume. This is an example of which type of skill?

• Soft skill

• Hard skill

• Transferable skill

• Interpersonal skill

Which of the following best explains the difference between wages and income?

• Wages are earned from investments, income is from employment

• Wages are a type of income earned from employment, while income includes all sources such as investments and business profits

• Wages are always higher than income

• Income is only from self-employment

When building a resume for a finance career, which of the following would best demonstrate your financial literacy?

• Listing your favorite finance books

• Describing a school project where you created a budget and tracked expenses

• Including your GPA only

• Mentioning your interest in sports

If you receive a tax form for interest income from a bank account, which form are you most likely to receive?

• W-2

• 1098-T

• 1040-ES

• 1040

Which of the following scenarios best demonstrates the use of a soft skill in a finance setting?

• Calculating the net present value of a project

• Leading a team meeting to discuss budget allocations

• Preparing a balance sheet

• Using QuickBooks to record transactions

A job application asks you to describe your experience with “financial reporting.” Which section of your resume should you update to best address this?

• Objective

• Work Experience

• References

• Personal Interests