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Worksheets

PF 3.00 Prime Time

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

The average cost of basic necessities, such as housing and food, for a particular city is called the:

a)

standard of living

b)

lifestyle

c)

cost of living

2.

The regular schedule that employers use to pay their employees is called the

a)

worker’s compensation

b)

pay period

c)

employee benefits

3.

The most secure method for an employer to pay employees is to use

a)

direct deposit

b)

a payroll card

c)

a printed paycheck

4.

Which sentence is the best choice to describe the importance of investing in yourself

a)

Completing your college degree is the best way to prepare for a career.

b)

Education pays in higher earnings and lower unemployment rates.

5.

Changing her major and/or her college could result in:

a)

a well-rounded college degree

b)

losing credits for classes she has already taken.

6.

Educational loan payments require no more than 10–15% of one's estimated starting income refers to

a)

Opportunity cost

b)

Career pathway

c)

Debt-to-income ratio

7.

Gym memberships, flexible hours, repayment of education loans, merchandise discounts, and childcare are examples of

a)

employee benefits

b)

job perks

c)

work incentives

8.

The money one would have earned if she/he had worked instead of continuing her/his education is called the:

a)

debt-to-income ratio

b)

opportunity cost

9.

One’s lifestyle is to their standard of living as present is to:

a)

Past

b)

Present

c)

Future

10.

Career assessments help to identify:

a)

fastest and slowest growing careers in a particular occupation.

b)

possible career areas related to one’s interests.

11.

Individuals with more formal educational training usually have:

a)

higher estimated lifetime earnings

b)

greater amounts of leisure time.

12.

An example of a transferable skill is a skill:

a)

that each employer requires you to learn

b)

acquired through past jobs, volunteering, hobbies, school sports, or other life experiences.

13.

By continuing her education, you are investing in your

a)

salary

b)

human capital

c)

family

14.

What will you learn about a job if you complete a job shadow

a)

Common tasks and typical daily activities

b)

The amount of money physical therapists earn

15.

How much money is earned before deductions are subtracted is called

a)

Net Income

b)

Hourly wages

c)

Gross Income