PLFE Second Six Weeks Review

What is an hourly fee for work performed called?

• Wages

• Gross pay

• Profits Risk Reduction

• Risk Reduction

Money earned before taxes are collected is called what?

• Profits

• SMART goals

• Gross pay

• Post tax investing

In Texas auto insurance is required to do what?

• Drive a car

• Rent an apartment

• Get a automobile loan

• Prove state residency

Planning and saving for the expenses of going to college is an example of what?

• Wages

• Gross pay

• Risk reduction

• SMART goals

Earnings after expenses

• Roth IRA

• Wages

• Profits

• Post tax investing

Diversifying investments is an example of what

• Gross pay

• Wages

• Post tax investing

• Risk Reduction

A Roth IRA is an example of:

• Wages

• Gross pay

• Post tax investing

• SMART goals

Working beyond 40 hours per week qualifies an hourly worker for what?

• Overtime pay

• Net pay

• Off-book Cash

• Take home pay

What is another name for take home pay?

• Overtime pay

• Insurance

• Net pay or net income

• Risk Avoidance

What type of insurance assists with debt and funeral costs?

• Life insurance

• Flood Insurance

• Auto liability insurance

• Dental insurance