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Financial Freedom
| Question | Answer |
|---|---|
| A job application is an example of what type of form? | descriptive |
| What is true about writing a resume? | There are 3 standard types - functional, chronological, and combination & it is a concise history of your achievements, education, and previous job experience skills. |
| What is true about the job interview? | Advanced preparation is the most important step and you should be prepared with questions of your own. |
| Checking information to see if it is accurate and complete is called: | verifying |
| An account with too little money in it to cover a check the depositor has written is an: | overdrawn account. |
| A record of checks, service charges, and deposits that the bank sends to depositors each month is: | bank statement. |
| What is the payee's signature on the back of the check called? | endorsement |
| The depositor's written order to the bank to pay out a certain amount from the depositor's checking accounting is called a: | check. |
| A plan showing how money is to be received and spent is a: | budget. |
| An agreement with a store that allows a customer to pay for purchases at a later date is a: | charge account. |
| A fee paid for the use of money is a: | finance charge. |
| Payments made every three months are called: | quarterly payments. |
| What is included in a bill of sale? | a detailed description of the item, signatures of both parties, and the make, model & color of an item. |
| What gives your lawyer the right to handle your financial and medical affairs in the event you are incapacitated? | durable power of attorney |
| Who is most likely to offer investment services? | brokerage firms |
| A teenager is least likely to use what when figuring his income tax? | itemized deductions. |
| Stock certificates should be stored in a: | safe-deposit box. |
| The FDIC insures an account up to what amount? | $100,000 |
| Group health insurance is less or more expensive than individual health insurance? | less |
| What is true concerning leases? | "access to the apartment: gives the landlord the right to enter your apartment with your permission and ample notice & a lease is an agreement to rent land or buildings to another person for a payment for a certain period of time. |
| What does "maintain good eye contact with the interviewer, but do not glare" means? | Show interest, alertness and guard against the interviewer assuming you have something to hide or are not friendly. |
| What is an appropriate outfit to wear to an interview? | conservative colors, long-sleeve blouse, scarf, and dark shoes |
| What should the Christian's view of financial freedom be? | Give money to God, save, and stay out of debt. Phil 4:19 - God will be faithful to provide for our needs. |