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Final Review

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
1. One of the highest-paying career groups is called entry-level.   show
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2. Groups of similar occupations across the nation are called clusters.   show
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5. A self-assessment inventory lists your strong and weak points along with plans for improvement as you prepare for a career.   show
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show False  
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14. The Americans with Disabilities Act allows employees to take up to 12 weeks of unpaid leave in a 12-month period for certain medical and family situations.   show
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show False  
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18. Employers must contribute matching amounts into each employee’s Medicare and Social Security accounts.   show
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22. The process of negotiating a work contract for union members is called collective bargaining.   show
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25. You should always create a monthly budget—weekly or biweekly budgets tend to be inaccurate.   show
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28. An express contract is legally binding, but an implied contract is not.   show
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29. If a person signs a contract because he or she felt threatened to do so, a genuine agreement does not exist.   show
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30. The competence or legal ability of a person to enter a contract is called consideration.   show
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33. Only people with considerable wealth need to create a personal record keeping system.   show
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34. One big advantage of computerized record keeping is that information can be updated quickly and easily.   show
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35. A canceled check is one that has been processed by the bank.   show
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show True  
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38. Paying bills online is generally considered slower and riskier than writing checks.   show
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39. If you are depositing a check into your account, write the check’s ABA number on the deposit slip.   show
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40. The column headed by a check mark in a checkbook register is so you can make a note of your checks that have bounced.   show
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43. A joint checking account can be opened by two or more people.   show
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46. For safety, do not carry your PIN in written form; instead, commit it to memory.   show
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47. The usual reason for a stop-payment order is that the check has been lost or stolen.   show
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show True  
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Created by: stevenmziray832