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Vocabulary for FINANCE (1.2)

Total questions: 71

Worksheet time: 2hrs 31mins

Name
Class
Date
1.

"Both parties signed a document defining the terms of agreement."

a)

form

b)

contract

c)

ad

d)

debt

2.

"The executives held a meeting to revise their company's goals and methods."

a)

business plan

b)

budget

c)

record

d)

application

3.

"The business of making decisions about money offers a variety of career choices."

a)

insurance

b)

business plan

c)

statement

d)

finance

4.

"Pesos are not ______ in the U.S."

a)

currency

b)

money

c)

legal tender

d)

coins

5.

"To open the account, Jon filled out a(n) ______"

a)

document

b)

application

c)

exam

d)

test

6.

The act of putting money into an account

a)

deposit

b)

transfer

c)

income

d)

outcome

7.

Motion or movement

a)

flow

b)

wave

c)

water

d)

liquid

8.

The act of taking money out of an account

a)

income

b)

banknote

c)

currency

d)

withdrawal

9.

Money in the form of banknotes or coins

a)

cash

b)

currency

c)

income

d)

change

10.

Money in the form of a metal disc

a)

banknote

b)

CD

c)

coin

d)

currency

11.

One ______ eight is nine.

a)

times

b)

less

c)

plus

d)

equals

12.

_____ two and six to get eight.

a)

Hundred

b)

Times

c)

Less

d)

Add

13.

Twelve ____ three equals thirty-six.

a)

times

b)

plus

c)

equals

d)

less

14.

Sixteen (a)   four is twelve.

15.

Ten ________ three is thirteen.

a)

divided by

b)

less

c)

plus

d)

times

16.

Start with fourteen. _______ three. This equals eleven.

a)

Less

b)

Over

c)

Substract

d)

Equals

17.

Two plus seven ______ nine.

a)

more

b)

less

c)

equals

d)

hundred

18.

Nine ______ three equals three

a)

plus

b)

over

c)

less

d)

point

19.

Six ______ by three is eighteen.

a)

multiplied

b)

devided

c)

over

d)

less

20.

To become larger

a)

peak

b)

expand

c)

shrink

d)

increase

21.

To become smaller

a)

peak

b)

decline

c)

bottom out

d)

shrink

22.

Not changing

a)

steady

b)

ready

c)

equals

d)

right

23.

To change frequently

a)

decrease

b)

grow

c)

fluctuate

d)

unchangeable

24.

To become larger or bigger

a)

smaller

b)

more

c)

decline

d)

grow

25.

To become less or smaller

a)

grow

b)

increase

c)

decrease

d)

minimum

26.

The portion of assets belonging to the head of the company

a)

assets

b)

owner's equity

c)

liabilities

d)

sheet

27.

Things of value that do not exist physically

a)

inventory

b)

intangible assets

c)

property

d)

equipment

28.

Anything of value

a)

balance sheet

b)

property

c)

liabilities

d)

assets

29.

Things of value not easily converted to cash

a)

balance sheet

b)

fixed assets

c)

liabilities

d)

inventory

30.

Debts and expenses

a)

income

b)

outcome

c)

liabilities

d)

balance sheet

31.

A document showing a company's finances

a)

owner's equity

b)

balance sheet

c)

report

d)

record

32.

To keep money so that you can use it later

a)

save

b)

income

c)

checking account

d)

saving account

33.

A payment card that withdraws money from an account immediately

a)

credit card

b)

debit card

c)

checking account

d)

saving account

34.

To watch or monitor something

a)

spend

b)

save

c)

track

d)

waste

35.

To give money in exchange for something

a)

spend

b)

sell

c)

charge

d)

monitor

36.

A payment card that draws on a bank's money

a)

spend

b)

debit card

c)

credit card

d)

waste

37.

An electronic transfer of money e.g. from an employer to an employee's account

a)

direct deposit

b)

monitor

c)

invest

d)

credit

38.

"Research a business before you _____ in it."

a)

purchase

b)

monitor

c)

invest

d)

charge

39.

"Customers that break overdraft agreements have to pay bank______."

a)

charges

b)

income

c)

spend

d)

waste

40.

"Pay all bills on time to increase your_____."

a)

purchase

b)

credit limit

c)

charges

d)

interest

41.

"________ your spending to eliminate waste."

a)

Interest

b)

Credit

c)

Charge

d)

Monitor

42.

"Only use a credit card for large_____."

a)

rates

b)

interests

c)

charges

d)

purchases

43.

generous gift of money or time to a person or organization

a)

Variable Expense

b)

Charitable Donation

44.

same amount of money earned on a set interval basis, such as monthly or quarterly

a)

Fixed Income

b)

Variable Income

45.

amount of money earned is not the same each pay period

a)

Variable Income

b)

Fixed Income

46.

a bill, such as monthly rent, which is the same each month

a)

Variable Expense

b)

Fixed Expense

47.

a bill, such as a utility bill, which is a different amount each month

a)

Variable Expense

b)

Fixed Expense

48.

money without a specific purpose left over each month after all bills have been paid

a)

Discretionary Expense

b)

Variable Expense

49.

amount of a paycheck one gets to keep after taxes and other deductions are taken out

a)

Take-home Pay

b)

Variable Income

50.

strong, usually irresistible, impulse to perform an act against a person’s usual behavior

a)

Compulsive Behavior

b)

Impulse

51.

sudden, involuntary inclination prompting one to take an action which is not well thought-out

a)

Charitable Donation

b)

Impulse

52.

schedule of recurrent times in any regular system of preparing or sending bills

a)

Billing Cycle

b)

Payment Schedule

53.

(a business or institution) initiated or operated for the purpose of making a profit

a)

For-Profit

b)

Billing Cycle

54.

not established for the purpose of making a profit

a)

For-Profit

b)

Nonprofit

55.

cash withdrawn by using a debit card and entering a PIN in an ATM

a)

Billing Cycle

b)

ATM Withdrawals

56.

log of deposits and withdrawals from a checking account

a)

Checkbook Register

b)

Account Balance

57.

balance of an account on the day the bank runs the bank statement

a)

Closing Balance

b)

Pending Balance

58.

money put into an account

a)

Deposit

b)

Withdrawal

59.

acronym for electronic fund transfer; money transferred from one account to another without a person having to manually write a check or make a deposit

a)

ATM

b)

EFT

60.

specific listing of individual pieces or units of information

a)

Itemization

b)

Closing Balance

61.

(of a statement) balance of an account on a current month’s statement which was used as the ending or closing balance in the previous month’s statement

a)

Closing Balance

b)

Opening Balance

62.

moving money from an account, whether paying expenses, making transfers to other accounts, getting money from an ATM or making purchases

a)

Withdrawals

b)

Deposits

63.

balance bookkeeping account information to be consistent with the bank’s bookkeeping of the same account information

a)

Reconciliation

b)

Itemization

64.

payment earned on a variable schedule of daily or weekly basis, money received for services or work preformed by the employee hourly

a)

Wages

b)

Salaries

65.

payment earned on a fixed schedule of bi-weekly or monthly; money received for services or work preformed by an employee as an annual sum

a)

Salaries

b)

Wages

66.

money paid at a rate for the money which is being loaned out

a)

Wages

b)

Interest

67.

payment set by landlord for tenants use of property

a)

Wages

b)

Rent

68.

earnings paid to shareholders by a company from its profits

a)

Interest

b)

Dividends

69.

profit made from investment

a)

Capital Gain

b)

Dividends

70.

one-way payment of money for which no service or good is exchanged

a)

Transfer Payments

b)

Opening Balance

71-85.

Answer the questions below after watching the video

71.

What is a common mistake people make during interviews?

a)

Wearing casual clothes

b)

Sharing too little information

c)

Discussing salary expectations too early

d)

Revealing too many personal details

72.

Why should you avoid being long-winded in an interview?

a)

It shows high intelligence

b)

It can be seen as lacking emotional intelligence

c)

Interviewers prefer lengthy answers

d)

It demonstrates thorough knowledge

73.

What is a potential downside of sharing too much personal information?

a)

It demonstrates openness

b)

Interviewers prefer personal stories

c)

It might lead to bias for or against you

d)

It can create a personal connection

74.

What should you do if you're overly nervous in interviews?

a)

Only apply for jobs you're overqualified for

b)

Avoid interviews altogether

c)

Practice more to reduce nervousness

d)

Share more personal stories

75.

What is a sign of lacking emotional intelligence in an interview?

a)

Being concise

b)

Oversharing personal information

c)

Asking many questions

d)

Wearing formal attire

76.

What could be a consequence of sharing the real reason for leaving your current job?

a)

Receiving a higher job offer

b)

Getting the job immediately

c)

Being judged negatively by the interviewer

d)

Being seen as honest and transparent

77.

How should you handle questions about your career plans?

a)

Frame them in a way that doesn't seem threatening to the employer

b)

Avoid discussing future plans

c)

Share detailed long-term plans

d)

Say you plan to stay in the same role forever

78.

How can sharing your career plans negatively impact your interview?

a)

It demonstrates foresight

b)

It shows ambition

c)

It might indicate you're not committed to the role

d)

Employers prefer candidates with no plans

79.

Why is it risky to reveal that you're interviewing out of desperation?

a)

Interviewers prefer desperate candidates

b)

It demonstrates financial responsibility

c)

Employers may see you as a risk

d)

It shows you're highly motivated

80.

What is the recommended approach if you're asked about your age during an interview?

a)

Report the question as inappropriate

b)

Refuse to answer

c)

Share it openly

d)

Be cautious as it could lead to age discrimination

81.

How can appearing desperate affect your interview outcome?

a)

Employers prefer eager candidates

b)

Negatively, as employers may see you as a risk

c)

It has no effect

d)

Positively, as it shows eagerness

82.

Why should you be cautious about revealing your age?

a)

Age is irrelevant in job interviews

b)

Employers require this information

c)

It can lead to age discrimination

d)

It's always beneficial to share

83.

Why should you not disclose your previous salary during an interview?

a)

It's considered rude

b)

It's illegal to ask about salary history

c)

Employers don't care about previous salaries

d)

You might lock yourself into a lower salary

84.

Why is it advised to avoid discussing political beliefs in an interview?

a)

It can create unnecessary bias

b)

It might align with the company's mission

c)

It's irrelevant to job performance

d)

It can lead to meaningful discussions

85.

What is the risk of revealing your previous salary?

a)

It can set a benchmark for your new salary

b)

It's a requirement in all interviews

c)

It demonstrates transparency

d)

Employers prefer candidates who share this