
Unit 1 Quiz Review Semester 2 EPF
Quiz
•
Professional Development
•
9th Grade
•
Practice Problem
•
Medium
Kim Bintz
Used 1+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term describes an objective specifically related to money?
bank declaration
mission statement
financial goal
prospectus
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of goal is saving for college?
a short-term goal
a mid-range goal
a long-term goal
an educational goal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is prioritizing important?
It maintains focus on the most important goals.
It earns more money to purchase more things.
It chooses the best bank to begin an account.
It creates more job opportunities.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best example of an unexpected expense?
automobile repairs
a new outfit
monthly rent
grocery bill
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can someone meet a financial goal without changing it or the date to achieve it by?
Increase paycheck withholding.
Accept sales incentives.
Reduce reoccurring expenses.
Apply for government grants.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement best defines gross pay?
the amount an employee earns before payroll withholding is performed
the employee's earnings after taxes are withdrawn from their pay
the sum of all withdrawals made from an employee's earnings
an employee's 'take home' pay for any given fiscal year
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the best example of a fixed expense?
car repairs
medical costs
electricity bill
monthly rent
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