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Financial Management
Test Description: Chapter 1
Instructions: Answer all questions to get your test result.
1) Geoffrey is a lab technician and earns $9.65 per hour. What are his wages for 40 hours?
A
$386.00
B
$385.20
C
$465.00
D
$385.00
2) Estimate Geoffrey's annual wages, based on 50 weeks.
A
$18,320.00
B
$19,300.20
C
$19,300.00
D
$19,100.20
3) Wanda works as an electrician with the Duke Energy. She earns $17.25 per hour with time and a half after 40 hours. If she works 44 hours M-F, how much will she earn?
A
$794.00
B
$793.20
C
$793.52
D
$792.00
4) One day Wanda works from 8 A.M. to 1:00 P.M. , lunches until 1:30, and then works until 5:30 P.M. How many hours did she work?
A
10 Hours
B
11 Hours
C
9 Hours
D
9 Hours and 30 minutes
5) Paul receives 89 cents for every radio he wires at Benton Electronics. How much will he earn if he completes the wiring on 128 radios?
A
$113.92
B
$113.29
C
$112.00
D
$113.82
6) Round $18.937 to the nearest cent.
A
$18.93
B
$18.90
C
$19.00
D
$18.94
7) Round $138.026 to the nearest dollar.
A
$138.00
B
$139.00
C
138.03
D
$137.00
8) What is the annual salary for someone who earns a biweekly salary of $927.00.
A
$11,124.00
B
$35.65
C
$24,102.00
D
$22,248.00
9) Change these percents to decimals. 6%
A
.06
B
.006
C
000.066
D
.60
10) Change these percents to decimals. 19%
A
0.019
B
.19
C
1.9
D
.0019
*select an answer for all questions
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