An ad that focuses on educating consumers about a product and driving them to purchase based on product features.
What is an informative ad?
100
A skill which is useful in many occupational areas, not just one.
What is a transferable skill?
100
A paycheck deduction which everyone must pay (i.e. you do not have a choice).
What is an involuntary deduction?
100
The place where you record all activities (money in and money out) for your checking account.
What is a check register?
100
The three C's of credit.
What is character, capacity, and capital?
200
A selling practice where a company advertises for a product that they never actually had in stock.
What is bait and switch?
200
An example of someone that would make a good professional reference.
Who is a teacher/counselor/previous employer?
200
The form you fill out at the beginning of a new job to determine your allowances, thus the amount of taxes to be withheld from your paycheck.
What is a W-4?
200
The organization that insures certain types of accounts in banks.
What is the FDIC?
200
Insurance protects you from this.
What is financial loss?
300
Government agency that regulates monopolies and ensures companies are not committing fraud.
What is the Federal Trade Commission?
300
One of the reasons to write a follow-up letter.
What is thank interviewer for their time/reiterate interest in position/highlight qualifications/provide additional info not discussed during interview?
300
The first type of expense you adjust or eliminate when revising your budget if you are overspending.
What is a discretionary expense?
300
A check paid for from your own funds for which a bank has verified that you have enough money.
What is a certified check?
300
The type of car insurance you are required to have in the State of Illinois.
What is liability insurance?
400
As the demand for a product increases, this happens to its price.
What is it increases?
400
Volunteer experience should be in this section of your resume.
What is the experience section?
400
The calculation to determine your net income.
What is gross income minus deductions?
400
The savings option that does not allow you to withdraw any money for a certain period of time.
What is a certificate of deposit?
400
An example of an advantage to using credit.
What is (answers will vary)?
500
The seven Consumer Rights.
What is The Right to Safety, The Right to Be Informed, The Right to Choose, The Right to be Heard, The Right to Redress, The Right to a Consumer Education, and The Right to a Healthy Environment?
500
Which guideline is missing from this goal to make it a SMART goal?
I will save $8,000 in two months in order to buy a used Ford Escape.
What is attainable?
500
Examples of things for which income taxes pay.
What is public goods/services (schools, roads, libraries, defense, etc.)? Answers will vary.
500
The balance you would have in an account after two years where you originally deposited $100, have an interest rate of 5%, and interest is compounded.