Careers
A listing of your work experience, education, abilities, interests, and other information that may be of interest to an employer is a(n) _____, also known as a CV or a personal data sheet.
Resume
The total amount earned before deductions are subtracted is called _________ .
Gross Pay
Profit sharing is a way to encourage employees to strive for higher levels of performance, and is known as a(n) _________.
incentive
A tax that increases in proportion to increases in income is known as a(n) _________ tax.
progressive
A(n) _________ is an organized plan whereby you match your expected income with expenses and savings.
budget
A(n) _________ is a banking service that allows customers to deposit money that can be transferred to individuals or businesses for payment.
Checking account
A(n) _____ takes the risks of being self-employed and owning a business.
Entrepreneur
Amounts, both required and optional, subtracted from gross pay are called _________.
deductions
An effort made to influence legislation in a way that benefits a profession is known as ________.
lobbying
Incoming taxes, which are treated as income by the government, are called _________.
revenue
Expenses that may change according to needs and short-term goals are called _________ expenses.
variable
A(n) _________ occurs when a depositor writes a check on an account that is insufficient to cover a check.
overdraft
A(n) _____ is a formal document that outlines the route a business will take to earn and grow revenues.
business plan
A form of employee compensation, _______ are in addition to your paycheck.
benefits
A person is _________ when he or she is entitled to the full retirement account balance when employment is terminated.
vested
An administrative agency of the federal government that collects taxes and enforces tax laws is the _________.
Internal Revenue Service (IRS)
Expenses that remain constant and cannot be easily changed or removed from a budget are called _________ expenses.
fixed
Paper money in the form of dollar bills, fives, tens, and so on, is called _________.
currency
Employers may ask for _____, or people who have known you for a year or more and can provide information about your skills, character, and achievements.
References
When deductions are subtracted from gross pay, what is left is known as _________.
Net pay
In order to avoid itemizing deductions, a person may elect to take the _________, which is a flat amount.
standard deduction
An examination of tax returns by the IRS is called a(n) _________.
audit
When you subtract your debts from the total amount of things you own, the difference is known as _________.
net worth
When the payee simply signs his or her name as it appears on the front of the check, he or she is making a(n) _________ endorsement.
blank
Actively seeking new knowledge and skills over time is known as _____.
Life-long learner
A group of people working in the same or similar occupations, organized for the benefit of all, is a(n) _________.
union
A(n) _________ is an amount subtracted directly from tax owed.
Tax Credit
To intentionally fail to pay taxes owed is to commit a serious crime called _________.
tax evasion
Amounts of money owed to others, also known as debts, are called _________.
Liability
The process of matching your checkbook register with the bank statement is called _________.
reconciliation