Multiple Choice
A resume should include all of the following except
A valid phone number
An appropriate email address
A photo
Work history
What is a photo?
What a person gives up when a decision is made, trade-off
What is opportunity cost?
Principle Amount/Percentage=Time it will take to double investment.
What is this rule called?
What is the Rule of 72?
List three reasons how you save
Answers may vary
Tell me about yourself
Answers may vary. Should be concise with very little stuttering or pausing.
When writing on your resume what kind of words should be used in your job descriptions?
Grown-up words
Power words
Silly words
Business words
What are power words?
May involve giving up time, health, or energy
What is Personal Opportunity Cost?
Diane invests $500 today in an account earning 7%. How much will it be worth in 5 years?____ 10 years?____20 years?____
What is it asking you to calculate?
List three reasons why you save
Answers may vary
Do you consider yourself successful and why?
Answers may vary.
30-40 seconds
2 minutes
40-50 seconds
15-20 seconds
What is 15-20 seconds?
Changing interest rates affect your cost and your benefits
What is interest rate risk?
Random! Define net income.
What is take-home-pay? What is the money you get to actually spend after paying for taxes?
Insures each account in a federally chartered bank up to $100,000 per account.
What is the FDIC?
What do you expect to be paid?
Answer should be turned back around on the employer in a polite manner.
What does SMART stand for?
Specific, Measurable, Attainable, Realistic, Time-limited
Specific, Measurable, Action, Realistic, Timely
Serious, Measurable, Attainable, Realistic, Time-limited
Serious, Manageable, Action, Relevant, Timely
Rising prices cause lower buying power, buying an item later may mean higher prices
What is inflation risk?
Write check #105 to Trusty Bank for your car payment in the amount of $346.72
Insures each account in a federal credit union up to $100,000 per account.
What irritates you about your past co-workers?
Should be said in a positive way. Never talk down about people you have worked for or with.
Which of the following does NOT influence decision-making
Values
Age
Peers
Weather
What is weather?
Changes in the buying power of the dollar, inflation
What are consumer prices?
Write check #107 to Jim's Gas Station for $22.00 for gas and oil.
Write the check
What does FDIC and NCUA stand for?
What is the Federal Deposit Insurance Corporation?
What is the National Credit Union Administration?
Random! Define gross income.
What is the amount of money a person earns BEFORE paying taxes?