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44 Cards in this Set

  • Front
  • Back
FOODS TEST
Chapter 5 & 17
STUDY YOUR NOTES
FLASHCARDS - Cut apart and study
Salary
a set amount of money that is paid for work done for a certain amount of time
Net Income
actual amount of paycheck after deductions
hourly wage
a set amount of money paid for each hour worked
gross income
total amount of money earned before deductions are taken out of the paycheck
career
a series of jobs held over a period of years, often in the same field
personal fact sheet
an organized list of information, such as education, work experiences, references, etc., used to fill out job applications
entrepreneur
person who starts and manages his or own business and assumes all risks and responsibilities
job
the work a person does to earn a living
bounced check
a check written with insufficient funds in your checking account
deductions
items withheld from earnings by employers
endorsement
the signature of a payee on the back of a check
savings account
an account that pays interest to customers
budget
a plan for saving and spending income
credit capacity
the amount of debt that you can afford to repay each month
FOODS TEST
Chapter 5 & 17
STUDY YOUR NOTES
FLASHCARDS - Cut apart and study
Salary
a set amount of money that is paid for work done for a certain amount of time
Net Income
actual amount of paycheck after deductions
hourly wage
a set amount of money paid for each hour worked
gross income
total amount of money earned before deductions are taken out of the paycheck
career
a series of jobs held over a period of years, often in the same field
personal fact sheet
an organized list of information, such as education, work experiences, references, etc., used to fill out job applications
entrepreneur
person who starts and manages his or own business and assumes all risks and responsibilities
job
the work a person does to earn a living
bounced check
a check written with insufficient funds in your checking account
deductions
items withheld from earnings by employers
endorsement
the signature of a payee on the back of a check
savings account
an account that pays interest to customers
budget
a plan for saving and spending income
credit capacity
the amount of debt that you can afford to repay each month
check register
the portion of a checkbook where you record checks that you have written
T/F services and rates of interest never vary from bank to bank
FALSE
T/F it is wise to shop around for the best interest rates for savings accounts and loans
TRUE
T/F it is not important to record all of the checks that you write in your check register.
FALSE
T/F ability is a natural talent and a potential for learning
FALSE
T/F developing an ability to perform a task is easier if a person has an interest and an aptitude
TRUE
T/F it is important to ask people in advance for permission to use their names as references on employment application
TRUE
T/F People can't prepare for job interviews since they don't know what questions an interviewer might ask
FALSE
What is one of the disadvantages of being an entrepreneurship?
they work long hous
What type of career would fall into the category of fashion and apparel area of family and consumer sciences?
display artist in a department store
What type of degree does a community college offer?
an associate degree, and there are also certificate programs available
in a job interview, how can your potential employer determine if you are qualified?
speak positively about work experiences and career goals
In what ways are jobs and careers related?
determine from your notes
About what portion of a person's wages remain after deductions are made from his or her paycheck?
determine from your notes