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Careers Vocabulary
Test Description: Financial Math Unit 1 Vocabulary
Instructions: Answer all questions to get your test result.
1) Money paid in return for a service or work completed
A
Future Demand
B
Compensation
C
Occupational Hazards
D
Job Opportunities
2) The earnings of an employee beginning a job/career and typically lasts for a period of 2-3 years
A
Median Wage
B
Entry Wage
C
Working Conditions
D
Experienced Wage
3) The highest paid earnings in a job/career; typically earned by your late 40s or early 50s, depending upon your career field
A
Median Wage
B
Entry Wage
C
Experienced Wage
D
Occupational Hazards
4) The outlook, in terms of necessity, of a particular job/career, typically measured in increments such as 5 years, 10 years, etc
A
Standard of Living
B
Compensation
C
Occupational Hazards
D
Future Demand
5) The availability of a job in relation to location and necessity; the availability of jobs based on skills you possess
A
Job Opportunities
B
Median Wage
C
Working Conditions
D
Salary
6) The wage earned in the middle of all employees of the same job/career, half the employees earn below and half the employees earn above
A
Median Wage
B
Entry Wage
C
Standard of Living
D
Experienced Wage
7) A risk accepted as a consequence of a particular occupation; it comes with the job
A
Salary Range
B
Future Demand
C
Occupational Hazards
D
Job Opportunities
8) A fixed regular payment, typically paid on a monthly or bi-weekly basis but often expressed as an annual sum, paid to an employee
A
Median Wage
B
Experienced Wage
C
Salary
D
Entry Wage
9) The low and high end of pay established by employers to pay to employees performing a particular job or function.
A
Salary Range
B
Working Conditions
C
Salary
D
Standard of Living
10) The necessities, comforts and luxuries enjoyed or aspired to by an individual or group
A
Compensation
B
Standard of Living
C
Future Demand
D
Job Opportunities
11) This covers a broad range of topics/issues including work schedules, physical job demands/conditions, mental demand many other topics related to the particular job
A
Working Conditions
B
Standard of Living
C
Median Wage
D
Salary
*select an answer for all questions
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