1.
Which is not part of a budget?
Correct Answer
E. All are part of a budget
Explanation
All of the options listed - expenses, income, debit card purchases, and credit card purchases - are typically considered part of a budget. A budget is a financial plan that includes both income and expenses, as well as any purchases made using debit or credit cards. Therefore, there is no option that is not part of a budget in this given list.
2.
Which of these is a deduction from a paycheck?
Correct Answer
D. D. A and B
Explanation
The correct answer is A and B because deductions from a paycheck typically include federal taxes, which are mandatory payments to the government, and health insurance, which is a common benefit provided by employers. Car insurance, on the other hand, is not typically deducted from a paycheck as it is a personal expense that individuals are responsible for.
3.
Which of these is not a benefit?
Correct Answer
B. Overtime pay
Explanation
Overtime pay is not a benefit because it refers to the additional compensation given to employees for working beyond their regular working hours. While it provides financial compensation for the extra time spent working, it is not considered a traditional benefit like vacation time, health insurance, or employee discounts, which are additional perks or advantages provided by employers to their employees.
4.
Peer pressure can cause you to do something you feel uncomfortable doing.
Correct Answer
A. True
Explanation
Peer pressure refers to the influence that individuals within a social group exert on each other to conform to certain behaviors, values, or beliefs. It can be a powerful force that can lead individuals to engage in activities or behaviors that they may not feel comfortable with, in order to fit in or avoid social rejection. This can range from minor situations like dressing a certain way, to more serious situations like engaging in risky behaviors. Therefore, it is true that peer pressure can cause individuals to do something they feel uncomfortable doing.
5.
Which of the following can someone be addicted to?
Correct Answer
E. All of the above
Explanation
Someone can be addicted to smoking, drugs, and alcohol because all of these substances have addictive properties that can lead to dependence and compulsive use. Smoking addiction refers to the dependence on nicotine found in cigarettes, drugs addiction can involve a variety of substances such as opioids, cocaine, or marijuana, and alcohol addiction is characterized by a physical and psychological dependence on alcohol. Therefore, all of the options listed can lead to addiction in individuals.
6.
How do you figure gross pay?
Correct Answer
B. Multiply hours worked by hourly pay
Explanation
To calculate gross pay, you need to multiply the number of hours worked by the hourly pay rate. This is because gross pay is the total amount of money earned before any deductions or taxes are taken out. By multiplying the hours worked by the hourly pay rate, you can determine the total amount of money earned for that period, which is the gross pay.
7.
The ________________________________ is the amount of money in your bank account.
Correct Answer
D. Balance
Explanation
The balance refers to the amount of money in your bank account. It represents the total funds available to you, taking into account both deposits and withdrawals. This term is commonly used in banking to indicate the financial state of an account.
8.
Which is NOT a variable expense?
Correct Answer
A. Rent
Explanation
Rent is not a variable expense because it is a fixed cost that remains constant regardless of the level of activity or usage. Variable expenses, on the other hand, fluctuate based on usage or consumption. Clothing, food, and entertainment expenses can vary depending on individual choices and preferences, making them variable expenses.
9.
What is not asked on a job application?
Correct Answer
A. Your race
Explanation
The question asks about what is not asked on a job application. The answer is "Your race". This means that job applications typically do not require individuals to disclose their race. This information is not relevant or necessary for the job application process as it is illegal to discriminate against applicants based on their race.
10.
What should you do when entering checks and debit card purchases in your check register?
Correct Answer
B. Subtract
Explanation
When entering checks and debit card purchases in your check register, you should subtract the amount from your balance. This is because checks and debit card purchases represent expenses or withdrawals from your account, which decrease your available funds. By subtracting the amount from your balance, you can accurately track your remaining balance and avoid overdrawing your account.
11.
Which of these is not a good source when looking for jobs?
Correct Answer
E. None of the above
Explanation
The question asks for a source that is not good when looking for jobs. The options provided are internet, word of mouth, newspapers, signs, and none of the above. The correct answer is "none of the above" because all of the options listed can be considered as potential sources when searching for job opportunities.
12.
Which of these is not a good grooming tip?
Correct Answer
A. It is okay to chew gum, just do not eat.
Explanation
Chewing gum is not considered a good grooming tip because it can be seen as unprofessional or impolite in certain situations. While it may freshen breath, it can also be distracting or create a negative impression. Additionally, chewing gum can be considered unattractive if done excessively or with an open mouth. Therefore, it is advisable to avoid chewing gum altogether, rather than just refraining from eating it.
13.
How you feel about things is your?
Correct Answer
B. Attitude
Explanation
How you feel about things is determined by your attitude. Attitude refers to a person's overall outlook or perspective towards something. It influences their thoughts, emotions, and actions. A positive attitude can lead to a more optimistic and constructive approach towards life, while a negative attitude can result in a pessimistic and unproductive mindset. Therefore, one's attitude plays a significant role in shaping their feelings and responses towards various situations and experiences.
14.
When you have pride you
Correct Answer
C. Feel good about yourself
Explanation
When you have pride, it means that you have a sense of self-worth and confidence in your abilities. This feeling of self-assurance and satisfaction with oneself leads to feeling good about yourself. It allows you to have a positive outlook and a healthy level of self-esteem. This positive mindset can also contribute to working well with others and being nice to them, as you are secure in yourself and do not feel the need to bring others down. However, having pride does not mean being bothersome to others; it is about having a healthy sense of self-respect.
15.
AN example of harrassment on the job is
Correct Answer
C. Making sexual jokes
Explanation
Making sexual jokes can be considered a form of harassment on the job because it creates a hostile and uncomfortable work environment for others. It is inappropriate and offensive, and can contribute to a culture of discrimination and disrespect. Such behavior violates the rights and dignity of individuals and can have a negative impact on their well-being and job performance. Employers have a responsibility to prevent and address harassment in the workplace to ensure a safe and inclusive environment for all employees.
16.
A written statement of job performance is a
Correct Answer
B. Job evaluation
Explanation
A written statement of job performance is a job evaluation. This is because a job evaluation is a process in which an employer assesses and reviews an employee's performance, skills, and contributions to determine their value and worth within the organization. It typically involves the analysis of job duties, responsibilities, and performance metrics to provide feedback and make decisions regarding promotions, salary adjustments, or terminations. Therefore, a written statement of job performance serves as a job evaluation.
17.
Shift work is
Correct Answer
A. Working a different schedule each week
Explanation
Shift work refers to working a different schedule each week, which means that the work schedule changes regularly and is not fixed. This could involve working different shifts, such as day shift, night shift, or evening shift, on different days of the week. It provides flexibility for employers to cover 24/7 operations and allows employees to have varying work hours and days off.
18.
Stress can be caused by
Correct Answer
E. All of the above
Explanation
Stress can be caused by various factors, including a change in your life, such as moving or starting a new job, which can disrupt your routine and create uncertainty. Your job itself can be a significant source of stress, with demanding tasks, long hours, or a hostile work environment. Financial problems and worries about money can also contribute to stress, as they can impact your ability to meet basic needs and maintain a stable lifestyle. Additionally, relationships, whether personal or professional, can cause stress due to conflicts, lack of support, or difficulties in communication. Therefore, all of these factors can contribute to stress.
19.
Which of these is not part of a healthy lifestyle?
Correct Answer
C. Smoking only 2-3 cigarettes a day
Explanation
Smoking only 2-3 cigarettes a day is not part of a healthy lifestyle. Smoking, even in small amounts, can have detrimental effects on overall health and increase the risk of various diseases such as lung cancer, heart disease, and respiratory problems. Therefore, it is important to avoid smoking altogether to maintain a healthy lifestyle.
20.
What can career and interest surveys help you do?
Correct Answer
E. A and C
Explanation
Career and interest surveys can help you discover what you are good at and what jobs might interest you. These surveys typically assess your skills, interests, and preferences to provide insights into potential career paths that align with your strengths and passions. By understanding your strengths and interests, you can make more informed decisions about your career and pursue opportunities that are a good fit for you.
21.
Which of these does not have harmful effects?
Correct Answer
B. Exercise
Explanation
Exercise does not have harmful effects. Unlike drugs, smoking, and alcohol, exercise is beneficial for overall health and well-being. Regular exercise helps to improve cardiovascular health, strengthen muscles and bones, boost mood, and reduce the risk of chronic diseases such as obesity, diabetes, and heart disease. It also promotes better sleep, enhances cognitive function, and increases energy levels. Therefore, exercise is a healthy and positive activity that does not have any harmful effects.
22.
How much notice should you give when leaving a job?
Correct Answer
A. Two weeks
Explanation
When leaving a job, it is customary to give a two-week notice. This allows the employer to find a replacement and make necessary arrangements for the transition. Giving a notice period of two weeks demonstrates professionalism and respect towards the employer and the company. It also allows the employee to wrap up any pending tasks and ensure a smooth handover of responsibilities. Giving a shorter notice period may inconvenience the employer, while giving no notice at all can harm professional relationships and future job prospects. Giving at least a month's notice is not required but can be considered if the employee wants to provide additional time for the employer to find a replacement.
23.
Which of these might get you fired?
Correct Answer(s)
C. Using your cell pHone too much
E. C and D
Explanation
Using your cell phone too much and stealing time or property from the employer can both be grounds for getting fired. Excessive cell phone use can be seen as a distraction from work and can negatively impact productivity. Stealing time or property from the employer is a serious offense that violates trust and can result in immediate termination. Therefore, options C and D are both behaviors that could potentially lead to being fired.
24.
A balanced budget means
Correct Answer
B. Your income is equal to or greater than your expenses
Explanation
A balanced budget means that your income is equal to or greater than your expenses. This implies that you are not spending more money than you are earning, which is a financially responsible situation. It allows you to meet your financial obligations and have enough funds to cover your expenses without accumulating debt.
25.
Which of the following information won't be on a paycheck stub?
Correct Answer
B. Next week's schedule
Explanation
A paycheck stub typically includes information related to the employee's earnings and deductions. This includes details about the hours worked, gross pay (total earnings before deductions), deductions (such as taxes, insurance, or retirement contributions), and net pay (the amount the employee actually receives after deductions). However, information about next week's schedule is not typically included on a paycheck stub as it is unrelated to the employee's earnings and deductions.