WorksheetsFinance Skills and Concepts Quiz
Total questions: 30
Worksheet time: 15mins
Which of the following is considered a hard skill in finance?
Effective teamwork
Financial modeling using Excel
Active listening
Time management
You are preparing a resume for a finance internship. Which section should you include to highlight your proficiency in using accounting software?
Education
Skills
Hobbies
References
If you are asked to demonstrate a soft skill during a finance job interview, which of the following would be most appropriate?
Explaining how you analyze financial statements
Describing how you resolve conflicts in a team
Listing the accounting software you know
Showing your ability to use a calculator
Which tax form would you use to report your annual wages and taxes withheld if you are an employee?
1099-MISC
W-2
1040-ES
1098-T
A finance professional lists “data analysis” on their resume. This is an example of which type of skill?
Soft skill
Hard skill
Transferable skill
Interpersonal skill
Which of the following best explains the difference between wages and income?
Wages are earned from investments, income is from employment
Wages are a type of income earned from employment, while income includes all sources such as investments and business profits
Wages are always higher than income
Income is only from self-employment
When building a resume for a finance career, which of the following would best demonstrate your financial literacy?
Listing your favorite finance books
Describing a school project where you created a budget and tracked expenses
Including your GPA only
Mentioning your interest in sports
If you receive a tax form for interest income from a bank account, which form are you most likely to receive?
W-2
1098-T
1040-ES
1040
Which of the following scenarios best demonstrates the use of a soft skill in a finance setting?
Calculating the net present value of a project
Leading a team meeting to discuss budget allocations
Preparing a balance sheet
Using QuickBooks to record transactions
A job application asks you to describe your experience with “financial reporting.” Which section of your resume should you update to best address this?
Objective
Work Experience
References
Personal Interests
If you are self-employed, which tax form would you most likely use to report your income?
W-2
1040
1040-EZ
1098-E
Which of the following is an example of applying a hard skill in a finance job?
Negotiating with a client
Creating a financial forecast using spreadsheet software
Motivating your team
Communicating company goals
You are asked to explain the difference between a W-2 and a 1040 form. Which explanation is most accurate?
W-2 is for employees to report wages, 1040 is for individuals to file their annual tax return
W-2 is for business owners, 1040 is for students
W-2 is for investment income, 1040 is for wages
W-2 is for self-employed, 1040 is for employees
Which of the following would best demonstrate your financial literacy on a job application?
Listing your favorite movies
Describing your experience managing a student organization’s budget
Including your high school diploma
Mentioning your volunteer work
If you want to highlight your ability to analyze financial data on your resume, which section should you update?
Skills
References
Hobbies
Contact Information
Which of the following is an example of a soft skill that is important for financial success?
Proficiency in Microsoft Excel
Effective communication
Knowledge of tax codes
Ability to use accounting software
A finance job requires you to prepare and interpret financial statements. Which skill does this task primarily require?
Hard skill
Soft skill
Artistic skill
Physical skill
Which of the following best describes “income” as used in financial literacy?
Only the money you earn from your job
All money received, including wages, investments, and business profits
Only money from investments
Only money from self-employment
If you want to show your financial literacy in a job application, which of the following would be most effective?
Writing about your favorite financial news website
Describing a time you managed a personal or group budget
Listing your favorite sports teams
Including your social media handles
Which of the following is an example of a hard skill that would be valuable in a finance career?
Leadership
Financial statement analysis
Empathy
Conflict resolution
When comparing wages and income, which statement is correct?
Wages are always less than income
Wages are a part of income, but income can include other sources
Income is only from wages
Wages and income are the same
Which section of a finance resume would you use to highlight your experience with tax preparation?
Education
Work Experience
Hobbies
References
If you are applying for a finance job and want to show your teamwork skills, which of the following should you mention?
Your ability to use financial software
Your experience collaborating on group projects
Your knowledge of tax laws
Your GPA
Which tax form would you use to report your annual wages and taxes withheld if you are an employee?
1040
W-2
1040-EZ
1098-T
Which of the following best demonstrates a soft skill on a finance resume?
“Proficient in QuickBooks”
“Excellent at reconciling accounts”
“Strong leadership in team projects”
“Skilled in financial forecasting”
If you want to show your ability to manage money on your resume, which of the following would be most relevant?
Listing your favorite finance podcasts
Describing your experience creating and following a budget
Including your high school sports achievements
Mentioning your favorite classes
Which of the following is an example of a hard skill that should be included on a finance resume?
Public speaking
Data analysis using Excel
Teamwork
Adaptability
If you are an employee, which tax form will you most likely receive from your employer at the end of the year?
W-2
1040
1040-EZ
1098-E
Which of the following best demonstrates financial literacy in a job application?
Listing your favorite TV shows
Describing your experience investing in stocks or mutual funds
Including your favorite foods
Mentioning your travel experiences
When building a resume for a finance career, which of the following should you include to show both hard and soft skills?
Only your technical certifications
Only your teamwork experiences
Both your proficiency in financial software and your leadership in group projects
Only your GPA
