IBTStudyGuide5 Question Preview (ID: 37594)


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Setting financial goals is the step in creating and using a budget.
a) first
b) second
c) third
d) final

A user-owned, not-for-profit, cooperative financial institution is called a
a) mutual savings bank
b) credit union
c) savings and loan association
d) commercial bank

The maximum amount you may owe on a revolving credit
a) spending limit
b) finance charge
c) credit limit
d) budget

A specific study of a job to identify in detail the job duties and skill rquirements is called a(n)
a) job study
b) job classification
c) job review
d) job analysis

Which of the following is NOT a major goal of a human resources department?
a) set prices on products and services
b) match employee abilities with specific jobs
c) maintain a satisfying work environment
d) protect employees' health and well-being

The portion of people in the labor force who are not working.
a) job rate
b) depression
c) unemployment rate
d) productive rate

This type of insurance covers a large number of employees and their family members under one policy.
a) group insurance
b) business interruption insurance
c) workers' compensation insurance
d) liability insurance

All of the following are types of insurance a business might purchase to protect its employees EXCEPT
a) health insurance
b) disability insurance
c) liability insurance
d) life insurance

The amount a policyholder must pay for insurance coverage.
a) premium
b) deductible
c) co-pay
d) check

Which of the following is not a Microsoft Product
a) PowerPoint
b) Excel
c) Word
d) Scratch

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