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WorksheetsSenior Survival Skills final exam review
Total questions: 68
Worksheet time: 35mins
What is the minimum amount of time you should give your boss if you plan to leave your job?
1 Month
2 Weeks
1 Week
1 Day
You should know your 9 digit social security number by heart since you have to recall it a lot as an adult.
True
False
All of the following should NOT be worn for a job interview EXCEPT....
Leggings
Tie
Low cut tops or sagging pants
Flip Flops
After an interview, do the following to increase your chance of getting the job.
Send a thank-you note
Wait by the phone
Show up ready for work
Re-apply
You burned your hand cooking a little bit, what should you do now?
Run it under cool water
Call 911
Put butter or oil on it
Wrap it tightly in a bandage
If you have a grease fire, what should you NEVER do?
Use a fire extinguisher
Flee your home
Douse it with water
Call 911
When filling out a form (scholarship, doctor office, field trip, etc.) you should always use a
Pencil so you can fix mistakes
Blue or black ink, it's professional
Leave things blank if you don't know what to put
Highlighters so you information stands out
How often should you change the oil in your car?
Every 3 months OR every 3,000 miles
Every month OR every 5,000 miles
Wait, I have to get the oil changed?
What temperature is the best for washing dark clothes?
Cold
Hot
Warm
Hand wash only
Once you have a job what should you do each year?
File your taxes
Not worry about taxes, your parents will handle it for you
Your white laundry turned pink! What happened?
Someone washed pink things before you
You didn't separate your lights and darks
You used a detergent with coloring in it
You put too much bleach in the load
An act of taking money out of an account.
Deposit
Withdrawal
Balance
Online Banking
A payment that is electronically put into an individual's account.
Deposit
Direct Deposit
Balance
Routing Number
The process of accessing or using banking products and services through an online service.
Direct Deposit
Bank Statement
Online Banking
Interest
The amount of money an individual has available in his checking or savings account.
Balance
Bank Statement
Deposit
Checking Account
A fee incurred when your checking account doesn’t have enough funds to cover a payment that is requested.
Overdrawn
Overdraft Fee
Interest Rate
FDIC
If you spend more money from your bank account than the account contained, you have
Overdraft Fee
Overdrawn
Balance
Withdrawal
The rate the bank pays you on the money in your accounts.
Interest Rate/Dividends
Overdraft Fee
Direct Deposit
Balance
An account at a financial institution into which you can deposit money and from which you can write checks for purchases.
Checking Account
Bank Statement
Savings Account
Online Banking
A nine-digit number that identifies your financial institution.
Routing Number
Account Number
Checking Account
FDIC
Which number shows who you are paying?
2
6
5
1
Which number shows the memo line?
1
4
5
6
Which number shows the amount in written form?
1
3
4
5
Which number shows the routing number?
6
7
8
9
Which number shows the account number?
6
7
8
9
What is the first step in changing a tire after you have pulled to a safe location on level ground?
Loosen the lug nuts
Use the jack to lift the vehicle
In what order should you loosen and tighten the lug nuts when changing a tire?
Clockwise
Counterclockwise
Star Pattern
It doesn't matter
During a job interview, you should...
never break eye contact
never make eye contact
use normal eye contact
only interview over the phone
Which of the following will not affect your credit score?
applying for a credit card
missing a payment
closing a credit card
checking your credit score
Your resume should be ______ page(s).
1
2
3
4
I should only make the minimum payments on my credit card and student loans.
true
false
At what age do you no longer benefit from your parents' health insurance, typically?
18
21
26
30
If you move off campus or out of your parents' house, you should budget _______ of your monthly income for rent and utilities.
25-30%
5-10%
75-80%
45-40%
It's no big deal to give out your social security number.
true
false
What is the cost of borrowing money called?
Interest
Inflation
Deficit
Fees and charges
Giving your time and services to an employer in an exchange for money is what?
Money Management
Spending
Budget
Income
In case of emergency, it is best to have what...
Good Credit
Money Saved
Budget Plan
Credit Card
By investing you are...
Making your money grow
Saving for emergencies
Adulting
Building your credit
By investing you should ____ more money than you ____ in due to interest.
put, get
get, put
get, save
get, borrow
When purchasing a new house, most people will use what method of payment?
Cash
Credit Card
Mortgage
Debit Card
What is the difference between a debit card and a credit card?
A debit card takes money immediately from a bank account. With a credit card you pay later. (plus interest)
A credit card takes money immediately from a bank account. With a debit card you pay later.
A credit card takes money immediately from your savings fund. With a debit card you are charged interest.
A debit card takes money immediately from your savings fund. With a debit card you are charged interest. (plus interest)
All of the following things should be kept in your car EXCEPT
Registration
Proof of Car Insurance
Title
Jumper Cables/Emergency car kit
Which of the following is NOT part of a SMART goal?
Simple
Realistic
Measurable
Time-bound
Which of the following is NOT a major heading on a resume?
References
Work Experience
Education
Hobbies
This is the form you get at the beginning of the year as a summary of your earnings & deductions, that you use to get your taxes done.
W-2
W-4
Your take home pay is also known as
Gross Pay
Net Pay
What is the gross pay for someone who works $10 and works 10 hours?
10
20
100
200
How many references should you have on a resume?
none
1
3
5 (3 professional, 2 personal)
To finance a post-secondary education, which would be the top 2 (in regards to "free-ish" money)?
Grants & work study
Work study & federal loans
private loans & federal loans
Federal loans & grants
A good rule of thumb for borrowing student loan money is never borrow more than what you can expect your first year's salary to be.
TRUE
FALSE
To spread your money out to many different investing & saving options.
Liquidity
Diversification
The most liquid account (where I could easily turn my investment/savings into cash) would be
stocks
savings account
mutual funds
retirement accounts like 401k
To "pay yourself first" means to
spend money on yourself before saving
put money into savings before you spend any
It's suggested that you save 30% of your income each paycheck
TRUE
FALSE
It's suggested that you don't spend more than ____% of you income on transportation costs.
10
20
30
40
The shorter the loan term, the less money you will have to pay back in interest.
TRUE
FALSE
You want to have a high credit score.
TRUE
FALSE
You are allowed to get 1 free credit report from each of the 3 credit bureaus each year.
TRUE
FALSE
Two disadvantages of buying a new car (which happen to be 2 of the advantages of buying a used car) include which two?
depreciation
miles
cost
wear & tear
you can often get the best deal on a new car if you negotiate from the invoice price up.
TRUE
FALSE
ATM usually means Automated Teller Machine. HOWEVER, ATM in regards to INSURANCE means all of the following except
Avoid
Minimize
Automatic
Transfer
This is the amount you pay just to have insurance (usually taken out of your paycheck)
Premium
Deductible
Co-pay
Liability
Renter's insurance only covers your belongings (not your roommate's) and is relatively inexpensive.
TRUE
FALSE
Fabric softener should be used with all types of clothing each time you wash them.
TRUE
FALSE
You should check/empty the lint trap every time you put a load into the dryer.
TRUE
FALSE
Which of the following are ways to save money at the grocery store?
Use SHIPT delivery (or a curb-side pick-up)
Make a list before you go
Don't shop hungry
Buy off brand when you can
Which of the following are ways you could get food-poisoning?
Someone not washing their hands
food being left out more than 2 hours (that should be refrigerated)
cross-contamination
Cutting veggies on a separate board from raw meat
Which form do you fill out to see how much financial aid you could receive?
Parchment
FAFSA
Resume
W-4
