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PF 3.00 Vocabulary Review

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.
Group of establishments (businesses) that produce similar products or provide similar services
a)
Career
b)
Occupation
c)
Job
d)
Industry
2.
Versatile skills that are applied to personal and professional roles
a)
Lifestyle
b)
Transferable Skills
c)
Human Capital
d)
Career Cluster
3.
a)
Cost of Living
b)
Debt to Income Ratio
c)
Loan Calculation
d)
Gross Income
4.
A need‐based loan from the federal government, the interest of which is paid for by the U.S. Department of Education 
a)
Student Aid Report
b)
Subsidized Loan
c)
Loan Servicer
d)
Grant
5.
a)
Cost of Living
b)
Income
c)
Debt to Income Ratio
d)
Net Income
6.
a)
Pay Stub
b)
Payroll Card
c)
Direct Desosit
d)
Paper Paycheck
7.
a)
Deferment
b)
Consolidate
c)
Loan Default
d)
race Period
8.
Failure to pay a loan according to the agreed upon terms
a)
Net Price
b)
Loan Default
c)
Grace Period
d)
FAFSA
9.
a)
Gross Income
b)
Employer Deductions
c)
Net Gain
d)
Net Income
10.
Net Income is also known as...
a)
Total pay
b)
Take home pay
c)
Income
d)
Cost of Living
11.
An activity through which an individual can earn money
a)
Career
b)
Occupation
c)
Job
d)
Industry
12.
Medicare is a federal program whose main purpose is to help pay for health care for those....
a)
Of all ages
b)
Over 65
c)
Over 30
d)
With debt
13.
a)
Payroll card
b)
Paycheck
c)
Pay Stub
d)
Payroll Tax
14.
A source of income for workers who have lost their jobs through no fault of their own
a)
Payroll Tax
b)
Social Secrutiy
c)
Tax Liability
d)
Unemployment Insurance
15.
A person who relies on the taxpayer for financial support
a)
Dependent
b)
Employee
c)
Loan Servicer
d)
Adult (18+)