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WorksheetsUnit 3: The Working World
Total questions: 56
Worksheet time: 2hrs 52mins
job skills
Resume
Long-term pursuit of a lifelong ambition. It usually requires specialized learning.
Job
Career
A university degree you get by studying for 2 years after your Bachelor's Degree
Masters Degree
Associates Degree
Bachelors Degree
Doctorate Degree
Activity/work that you do in the short-term to earn money. A person usually works several in their lifetime.
Job
Career
A university or college degree received after 4 years of study.
Ph.D- Doctorate
Master's Degree
Bachelor's Degree
Associate's Degree
Type of work that allows a person to work under the guidance of a more experienced person in order to learn a trade. Programs usually last 4-5 years.
Job
Work-Study
Apprentice
A two-year degree awarded by community
colleges, career schools, colleges and universities.
Associate's Degree
Master's Degree
Bachelor's Degree
Doctorate Degree
The highest level of degree given by a
university. It usually requires several years of study.
Master's Degree
Bachelor's Degree
Associate's Degree
Ph.D- Doctorate Degree
Your resume is a tool with one specific purpose:
to get a job
to get an interview
to discuss salary
to get more money
Volunteer work should be included in your work experience section of your resume.
true
false
The best professional resume is usually...
one page in length
Two or three pages in length
hand written
colorful and include a headshot photo of you
Education and job details in your resume need to be in reverse chronological order (most recent first)
True
False
The details in your resume should be in past tense
True
False
The best way to start a sentence on your resume is with:
"I" or "My"
A pronoun
An action verb
What is the key purpose of a cover letter?
To accompany your resume with a personal touch and provide the employer with additional information that may not be required for a resume.
To regurgitate the same information in your resume in a paragraph format.
To make the interviewer view a long and extensive list of your skills and abilities as well as your weaknesses
To create a formal essay in which you give examples of your past experiences that make you an adequate job candidate.
It is important to research the company you are being interviewed for in order to be prepared for potential interview questions.
True
False
I should include personal information such as a date of birth, social security number on my resume.
True
False
A career objective on a resume is a short description of the job position you are seeking.
True
False
How many paragraphs does a cover letter have?
Three
One
Two
What info should you use at the Header of your cover letter?
your nickname
Your set of skills
Contact info
The employee has to pay these each pay period...
Gross Salary
Deduction
Contributions
Net Salary
Wages after all deductions are...
Net wages
Gross Wages
Deductions
The total amount of income you earn in a pay period before any deductions are taken out...
Gross pay
Net pay
Wages
Salary
An amount paid to your state government for state-funded programs and services.
State taxes
Federal taxes
Local taxes
City taxes
Pay based on the amount of money an employee earns per hour
Wages
Salary
Gross pay
Net pay
About how frequently does Hope receive a paycheck?
Daily
Weekly
Every two weeks
Monthly
Which statement below accurately describes Hope’s gross wages?
Gross wages are calculated by multiplying Hope’s hourly rate by the number of hours she worked
Gross wages are Hope’s fixed salary, which she receives for every pay period
Gross wages are calculated by subtracting all of Hope’s deductions from her gross income
Gross wages are how much Hope has earned over the course of the entire year
What was the largest deduction for this pay period?
FICA Medicare Tax
FICA Social Security Tax
Federal Tax
NC State Tax
Look at the lines that say HEALTH, DENTAL, and RETIREMENT. Which statement below is accurate?
Those lines represent taxes that Hope paid to the Federal government
Those lines represent taxes that Hope paid to the state government
Those lines represent benefits that the employer is paying to Hope in addition to her wages
Those lines represent insurance and retirement plans that Hope funds directly from her paycheck
What was the TOTAL amount deducted from Hope's latest paycheck?
$90.00
$284.79
$315.21
$600.00
Select the three taxes that are taken out of every paycheck.
State Taxes
FICA Taxes
Federal Taxes
Retirement Contributions
Employee's Withholding Allowance Certificate
W-2
W-9
W-6
W-4
Randy earns $22 per hour. This is an example of:
commission
salary
labor
wages
Generally, the more education you receive, the higher your lifetime earnings will be.
True
False
The W-4 tax form is used to ___________.
file your tax return.
determine how much your gross pay should be.
tell your employer how much federal income tax to withhold from your paychecks to send to the IRS.
avoid paying income taxes on your paychecks.
Your employer sends you a _______ form that tells you how much you've made and how much you've paid in taxes in the last year.
W-9
W-4
W-2
1040
What do taxes pay for?
Operation of financial institutions
Schools, government departments, roads, and emergency services
Privately-owned businesses
None of the above
When a portion of your paycheck goes to the state and federal government, this is a tax on your____
Income
Property
Savings Account
Items you have purchased
Jess is 21, in college, & has a job that provides 65% of her support. Is she a dependent?
Yes
No
What do you need to file your 1040 form? (hint: choose 2 correct answers)
Your W-2
Your W-4
Your prior year's tax return
Social Security Number
A sales tax is off of any purchased good. Who regulates those taxes?
State
Federal
Other countries
Your employer
Federal Contribution Insurance Act (FICA) are withheld from your paycheck and sent to the government. These are used for (Two answers are to be selected)
Social Security
State
Medicare
Sale
The official date for when taxes are due
January 15
February 15
March 15
April 15
A fixed amount all people are allowed to deduct from their adjusted gross income to reduce their tax liability
Standard Deduction
Itemized Deduction
A specific expenses that, under tax law, can be deducted from income to reduce the amount of income subject to income tax
Standard Deduction
Itemized Deduction
Money awarded to students that does NOT need to be repaid, often based on need
Loan
Grant
Savings
Work Study
Money awarded to students usually based on achievement AND does NOT have to be repaid
Grant
Loan
Work Study
Scholarship
Money borrowed that has to be paid back with interest
Grant
Loan
Work Study
Scholarship
All of the following are costs of going to college EXCEPT...
Tuition and fees
Room and board
Textbooks and school supplies
Scholarships and grants
Which is TRUE about sticker price and net price? (hint: choose 2 correct answers)
Net price is the published cost of going to a school
Sticker Price is the published cost of going to a school
Net price is the sticker price minus scholarships & grants
Sticker price is the net price minus scholarships & grants
When does the FAFSA filing period open every year?
January 1st
June 1st
October 1st
December 1st
Why should you file the FAFSA as early as possible?
It can help your chances of being accepted into schools
Aid is given out on a first-come, first-serve basis
You're guaranteed to get more merit-based scholarships
You'll get a lower interest rate on federal student loans
What kinds of aid are you eligible for by filing the FAFSA? (hint: choose 3 correct answers)
Grants and Scholarships
Private Student Loans
Work-Study
Federal Student Loans
Which is TRUE about the FAFSA?
You only need to file the FAFSA 1x in your college career
Your parents must earn below a set amount for you to apply
You need to file it at the start of every quarter/semester
There is no cost to file the FAFSA
Which is TRUE about the EFC?
It's the cost of filing the FAFSA
It's how much you & your family are expected to pay for college
It's another term for "net price"
It's how much your parents must contribute towards college
