WorksheetsPersonal Finance Final Exam
Total questions: 50
Worksheet time: 50mins
What information do employers require on a job application?
Salary requirements
Credit history
Education background
Family references
Which would be the best choice to list as a personal reference?
Your brother or sisiter
Your aunt
Your ex-girlfriend or boyfriend
Your high school basketball coach
The goal of a resume is to...
Lie as much as possible
Get the employer to call you for an interview
Negotiate your employment
Enroll you in a professional network
What information is important to list in a resume? (hint: choose 3 correct answers)
Your previous employment experience & responsibilities
Rationale for why you quit a previous job
A highlight of your education experience
Your contact information
Which is true of an effective resume?
Include many details; the longer the resume, the better
Keep the design of your resume simple
Use the same resume template for every job you apply for
Use lots of different fonts and sizes
True or False: What you post on social media has no impact on whether you will get a job.
True
False
Which is not an effective way to use social media to find and land a job?
Network with other people in your industry
Keep your posts and information professional
Follow companies and organizations in your desired field
Criticize your current job to help network & find a new one
Ways to build your professional network include: (hint: choose 3 correct answers)
Have an "elevator pitch" ready, you may need it
Stay off all types of social media
Attend conferences or events related to your field
Connect & communicate with local professionals
What is LinkedIn?
A site to find honest reviews of an employer or business
A professional networking site
A site that offers professional money management advice
A site for finding a college linked to your career choice
Which question would be appropriate to ask during a job interview?
Can you describe the requirements of this position?
Do you think you are going to hire me?
What will my salary be?
How many vacation and sick days am I allowed?
Kenny just left his job interview. Which demonstrates a characteristic of a positive interview?
Kenny brought his mom to the interview for support
Kenny wanted to dress his best and wore a tuxedo
Kenny brought samples of his previous work experience
Kenny did little research on the company & it was evident
What form is NOT typically completed when you start a new job?
Form W-2
Form I-9
Benefit forms
Form W-4
This form must be completed to be considered for an interview. Applicants must provide required information such as dates of employment, positions held, contact information for supervisors, etc.
Job Application
Cover Letter
Letter of Reference
Resume
Allows the student to observe and participate in activities related to a career field; supervised by school personnel and related to the student's career choice (paid or unpaid)
Internship
Masters Degree
SAT Prep
None of the above
Which type of check endorsement begins with "For deposit only to account No. 123456........."?
blank
special/full
transfer
restrictive
Which type of check endorsement begins with "Pay to the order of Marcia Bernas....
blank
restrictive
special/full
Which type of check endorsement would consist of an individual's signature only.
blank
restrictive
special/full
When writing a check, it is a good idea to use
pencil
erasable pen
blue or black ink pen
red pen
One should always use an ink pend to complete a deposit slip.
true
false
A financial institution usually requires that an individual write a check or pay in cash for monthly service fees.
true
false
Another name for an overdraft fee is non-sufficient funds.
true
false
An individual should sign a check to be cashed when in front of a bank teller (employee).
true
false
A check that is older that 6 months old is called a stale check.
true
false
If your bank returns checks with your statement, some of the checks that the bank has paid during the month will be returned with the statement.
true
false
It is ok to leave the amount portion of a check blank if you are unsure of the amount of an upcoming purchase.
true
false
Outstaning checks are checks written by the account owner but have yet to be processed by the bank.
True
False
The drawer is the person writing check.
True
False
The payee is the financial institution the check is written on.
True
False
Which of the following insures checking accounts at both a bank and a credit union? (you must choose more than one) HINT: there are two correct answers
NCUA
FDIC
FTIC
NAACP
The only time you need to sign a deposit slip is when you are getting cash back after a deposit.
True
False
Approximately how often does a financial institution send a bank statement through the mail?
yearly
weekly
quarterly
monthly
Which part of the check is the least important?
memo line
signature line
routing numbers
check number
You are opening a savings account that earns compound interest. Which compounding frequency will earn you the MOST money?
Compounding 1 time per year
Compounding quarterly
Compounding monthly
Compouding daily
When it comes to saving money, what is a good rule of thumb?
Keep most of your savings in your checking account
Put aside money for savings each month
Choose the savings account with the lowest interest rate
Put anything you can't afford on your credit card
Money added to a checking account is called a
withdrawal
deposit
endorsement
drawee
What is her total deposit?
Writing the dollar amount in both numbers and words makes your check more secure.
True
False
What is the correct spelling?
forty
fourty
fortie
fourtie
What is the correct spelling?
ninty
nintey
ninetey
ninety
$21.50 + $3.55
$21.85
$25.05
$23.45
$24.45
$13.85 - $10.87
$2.98
$4.56
$24.72
$24.72
$123.45 - $12.35
$111.10
$111.80
$135.80
$135.80
Sally goes to the bank. She puts her babysitting money in her account. Sally has made a
Deposit
Withdrawal
Katie goes to the bank. She takes money out of her account. Katie has made a
Deposit
Withdrawal
