WorksheetsMaking Money
Total questions: 15
Worksheet time: 8mins
What is the Phase 2 on the Career Planning Process?
Evaluate the current employment market
Look for a job position online
Go to many interviews as you can
Assess your personal interest
What is the Phase 3 on the Career Planning Process?
Identify specific job opportunities
Obtain additional careers or trainings
Write a thank letter after the interview
Search the net for all available job openings in your area
Can you look for employment positions through advertisements, personal contacts, business organizations, and the internet?
YES
NO
What to do Before an Interview?
Research the organization
Practice your interviewing skills
Prepare proper dress and arrive early
All of the above
During an Interview you should be relax, be yourself, answer questions completely, and ask questions?
YES
NO
Should you send a thank you letter to the person with whom you interviewed to express your appreciation after an interview?
YES
NO
Job benefits include: health insurance, life/disability insurance, paid vacation, paid holidays and parental leave
YES
NO
The hidden cost of a job includes:
Transportation and Clothing
Food
Child or Adult care
All of the above
What is a Pay Period?
Calendar days included in the paycheck.
How much many you made in a year
Your weekly work schedule
The time you have to complete your job
What is the Net pay?
Gross pay minus all the deductions
The taxes you must pay to the government
The amount of money you can spend
All you money save in a bank
Pay deductions include: taxes, insurance premiums, and all the cost of other programs that are subtracted from your gross wages.
YES
NO
The Social Security tax rate is 6.2% on your gross income, but the amount is limited, and you stop paying a greater amount once you reach a certain income.
YES
NO
What is the current Medicare tax rate on all wages earned, with no limit?
1.45%
5.1%
3.2%
6.2%
Is the Federal Insurance Compensation Act (FICA), the official name for Social Security and Medicare taxes?
YES
NO
Your employer must pay a separate 6.2% Social Security tax on your behalf and the 1.45% Medicare tax
YES
NO
