Towards Independence Quiz 3

What is an apprentice?

• A person who works for a skilled person to gain knowledge and skills

• A person who works for a skilled person to earn a higher wage

• A person who works for a skilled person to gain experience in a different field

• A person who works for a skilled person to avoid unemployment

What information does a birth certificate include?

• Name and place of birth

• Name and date of birth

• Name and gender

• Name and nationality

What is bond money used for?

• Covering damages or cleaning costs of rented premises

• Paying rent in advance

• Purchasing insurance for rented premises

• Investing in real estate

What is Centrelink?

• The main federal government welfare agency

• A financial institution that provides loans

• A government agency that issues birth certificates

• A community service organization

What are community services?

• Services largely funded from within the community to provide something desirable

• Services provided by the government to generate profit

• Services provided by private companies for a fee

• Services provided by individuals without any funding

What is a condition report?

• A report detailing the exact condition of a property when new tenants move in

• A report detailing the condition of a property after tenants move out

• A report detailing the condition of a property during a tenancy

• A report detailing the condition of a property before it is rented out

What is a cooling off period?

• A period of time after a sale contract has been signed, during which the buyer can cancel the contract without penalty

• A period of time after a sale contract has been signed, during which the buyer can negotiate the terms of the contract

• A period of time after a sale contract has been signed, during which the buyer can request a refund

• A period of time after a sale contract has been signed, during which the buyer can make additional payments

What is a debit card?

• A plastic card that allows electronic transfer of money for purchases

• A plastic card that allows cash withdrawal from an ATM

• A plastic card that allows access to government benefits

• A plastic card that allows access to public transportation

What are deductions?

• Items that can be used to reduce assessable income and lower tax payments

• Items that can be used to increase assessable income and lower tax payments

• Items that can be used to reduce assessable income and increase tax payments

• Items that can be used to increase assessable income and increase tax payments

What are establishment costs?

• One-off costs for setting up a new place to live or a business

• Ongoing costs for maintaining a place to live or a business

• Costs associated with terminating a lease agreement

• Costs associated with changing utility providers