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Financial Math

Total questions: 11

Worksheet time: 7mins

Name
Class
Date
1.

What is Labor?

a)

Work

b)

Money

c)

Time

2.

What is Income?

a)
b)
c)
d)
3.

What is Work Experience?

a)

Money that a person receives in return for working

b)

Time spent in a work

c)

The knowledge that you get from attending a school or college

4.

What is this?

a)

An Income

b)

A Labor

c)

A Resume

5.

What does "Skills" mean?

a)

The ability to do something well

b)

Money that a person receives in return for working

c)

The job you want to get

6.

Where do you get Education?

a)
b)
c)
d)
7.

(Multiselect) What are the things that a Company would want to know about you in order to hire you?

a)
b)
c)
d)
e)
8.

A salary is a fixed payment. Typically...

a)

Per Hour

b)

Every Ten Years

c)

Monthly or Biweekly

9.

Ms. Patterson works for a company. Which factor would most likely affect the amount of money Ms. Patterson gets paid by the company?

a)

The amount of money Ms. Patterson has to pay in bills

b)

The size of Ms. Patterson’s family

c)

The amount of money Ms. Patterson saves every month

d)

The work experience Ms. Patterson has

10.

Nina works for a restaurant. The restaurant pays her every week for the work she does. Some weeks she works more hours than other weeks. Which statement is most likely true?

a)

When Nina works fewer hours, she earns more income from the restaurant.

b)

When Nina works more hours, she earns more income from the restaurant.

c)

When Nina works more hours, the restaurant gets less labor from her.

d)

When Nina works fewer hours, the restaurant gets more labor from her.

11.

Which statement is a description of both labor and income?

a)

Ben makes lemonade and sells it for 50 cents each

b)

Ben's mom give him $60 and he spends it on a videogame

c)

Ben babysits afterschool and earns $20

d)

Ben volunteers at a School

e)

Ben pays a mechanic to repair his car