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WorksheetsFinancial Literacy PT Review
Total questions: 25
Worksheet time: 19mins
The more tax allowances you claim on your Form W-4
the smaller your paycheck will be.
the larger your paycheck will be.
the more deductions your employer will withhold.
the fewer deductions your employer will withhold.
The fewer exemptions you claim, the more likely it is that you will receive a
tax allowance.
deduction.
tax refund.
penalty.
Which of the following would not be an acceptable document you could use to obtain a Social Security number?
U.S. birth certificate
certificate of naturalization
U.S. driver's license
school identification card
Which of the following describes a good work ethic?
arriving at work early every day
showing up for work every day
calling your employer if you are sick
all of the above
Fringe benefits of a job include all the following except
salary
health insurance
a pension fund
sick days
If you make $18.00 an hour and work 40 hours a week, and your deductions equal $132.69, what is your net pay?
$623.42
$852.69
$720.00
$587.31
For which of the following reasons might a company encourage some of its employees to telecommute?
to increase productivity and reduce turnover
to reduce overhead and increase turnover
to reduce turnover and increase overtime
to reduce turnover and reduce overtime
Which of the following actions could you take to increase your chance of being promoted?
offer to assist a team member in testing new software
be proactive in investigating how to reduce shipping costs
ask your supervisor if you can lead a meeting
all of the above
Another term for professional development seminars is
in-service training.
apprenticeships.
on-the-job training.
all of the above
Which of the following is a characteristic of apprenticeship programs?
A trade school degree is required.
A high school degree is required.
They usually last about 12 months.
They usually start at full pay.
Another name for a community college is a
junior college.
two-year college.
city college.
all of the above.
Which of the following are the three types of business partners?
silent, limited, and proprietor
general, limited, and stockholder
silent, general, and limited liability
silent, general, and limited
In a corporation, stockholders are accountable for
their stock’s value at the end of the year.
the value of their earnings.
the amount of their debt.
none of the above
Which of the following is not one of the four components of the American economy?
a franchise
a forest
a plant’s employees
investments in materials
Which of the following might not be a useful trait in an entrepreneur?
self-starter
ability to anticipate problems
decisiveness
need to feel secure
If you were not born in the United States, you will need to supply a certificate of _________ to obtain a Social Security number.
community college
gross pay
naturalization
performance evaluation
respect
The purpose of a(n) _____________ is to provide employees with knowledge about rules and regulations.
community college
company policy handbook
deductions
Entrepreneurs
expectations
The reason most states require a(n) __________ is so employers cannot exploit young workers.
gross pay
naturalization
performance evaluation
respect
work permit
One way to develop good working relationships is by always treating your coworkers with ____________.
gross pay
performance evaluation
respect
work permit
naturalization
An annual______________ gives employers the opportunity to let employees know if they are meeting expectations.
gross pay
performance evaluation
respect
work permit
naturalization
The amount of money you earn before deductions are subtracted is called ___________.
gross pay
performance evaluation
respect
work permit
naturalization
When you file your tax return, you may be able to claim _____________.
community college
company policy handbook
deductions
Entrepreneurs
expectations
You might be able to transfer your two years’ of college credit from a(n) _________________________ to a four-year college program.
community college
company policy handbook
deductions
Entrepreneurs
expectations
_________________________ are likely to work more than one job until their businesses start earning a profit.
community college
company policy handbook
deductions
Entrepreneurs
expectations
Employers have certain _________________________ of their workers—particularly that they follow company rules, have a good work ethic, and accept criticism with maturity.
expectations
naturalization
performance evaluation
respect
work permit
