JTC Post Test Question Preview (ID: 30082)
End Of The Year JTC Post TEst.
TEACHERS: click here for quick copy question ID numbers.
True or False - A plan of how you will spend the money you make or receive is called a budget.
a) TRUE
b) FALSE
c)
d)
True or False - People and businesses are required by law to reveal every term and cost attached to the credit they extend.
a) TRUE
b) FALSE
c)
d)
True or False - Even non-profit credit card counseling companies aren't guaranteed to help you get out of debt.
a) TRUE
b) FALSE
c)
d)
An internship is ...
a) A program in which a person works for a skilled worker to learn a trade while earning pay
b) Part time on the job learning experiences that reinforce classroom instruction.
c) A paid position involving a specific place and time and specific tasks set by the employer.
d) None of These Choices
True or False - Renting and buying mean the same thing.
a) TRUE
b) FALSE
c)
d)
True or False - Debit cards are connected to funds in your bank account.
a) TRUE
b) FALSE
c)
d)
True of False - There is such thing as good debt.
a) TRUE
b) FALSE
c)
d)
True or False - Lets say your roommate forgot to pay a cable bill. It was entirely his fault, but your name was on the bill. This will not lower your credit score.
a) TRUE
b) FALSE
c)
d)
True or False - One late payment can lower your credit score.
a) TRUE
b) FALSE
c)
d)
True or False - If an item appreciates, it decrease in price.
a) TRUE
b) FALSE
c)
d)
True or False - You do not pay for insurance on a leased car.
a) TRUE
b) FALSE
c)
d)
True or False - All homeowner's insurance policies have the same coverage.
a) TRUE
b) FALSE
c)
d)
True or False - Dealers set mileage limits on leased vehicles.
a) TRUE
b) FALSE
c)
d)
True or False - The amount of income you make affects the amount of federal taxes you will owe.
a) TRUE
b) FALSE
c)
d)
True of False - Some American citizens never pay any form of taxes.
a) TRUE
b) FALSE
c)
d)
True of False - The majority of people spend their adult lives in the same career.
a) TRUE
b) FALSE
c)
d)
True or False - Just wait the right job opportunity will come your way.
a) TRUE
b) FALSE
c)
d)
True of False - Most careers in the future will require more than a high school education.
a) TRUE
b) FALSE
c)
d)
True or False - The average person in the United States spends more time doing work activity than any other activity.
a) TRUE
b) FALSE
c)
d)
True of False - Anyone can do any job as long as he or she decides to do it.
a) TRUE
b) FALSE
c)
d)
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