Business Semester 1 – Flashcards
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True or False: Eating one large meal per day is the best way to maintain your health
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False
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Which of these is not a result of regular exercise?
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Causing your heart to wear out faster
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Time management can help you
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Reach your long-term and short-term goals, minimize stress, and balance activities
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On average, the ideal amount of sleep for most adult is?
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7-9 hours
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In managing time, health and work, which of the following goals is most sensible?
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Try to find a balance
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What would lack of sleep do?
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it can weaken your immune system
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True or False: when starting out a career, you should always work at least 2 jobs so that you can accumulate money investing and long term growth.
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False
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If owning a car costs $350 per month but allows you to work a second job that provides take-home pay of $125 per week, is it worth it financially to have the car?
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Yes
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True or False: It is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit
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False
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Which method of commuting is most likely to reduce your need to go to the gym or get a treadmill?
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Walking
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An associate degree is for how many years?
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2 year degree
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Aptitude refers to
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An inherit talent or ability
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In an interview, an appropriate response to " what is an example of weakness?" could be:
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"I am too hard on myself sometimes"
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Which factor is most important in securing well-paying jobs through your career?
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Having a good education
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How many pages is a resume?
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1
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A cover letter begins with a(n)
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Heading, and then an introduction
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"Cold Call" refers to:
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A phone call to a company, asking if they are hiring
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Without health insurance, a routine checkup at the doctor's office can cost you:
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Several hundred dollars
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In a job interview, it is best to broach the topic of salary:
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At the end of the interview; or wait until the subject is brought up.
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True or False: Jobs require either specific education or specific work experience, but not both.
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False
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Which is not a money management skill discussed in the reading material?
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Managing your time in a healthy manner
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What are some typical expenses for a person just starting out in a rental apartment?
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Rent, renters insurance, transportation costs
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Which of the following is an example of irregular income?
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A graduation gift
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Why is it harder to estimate expenses than to estimate income?
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Expenses often change more from month to month
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A budget can help you reach a financial goal by:
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Allowing you to see where you can cut back on spending
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Preparing a budget is:
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An ongoing process
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Money in your emergency fund could be wisely used:
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To pay for an unforeseen health expense
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How much money should you save each month?
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You must decide what you can afford
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What is not something you should look for in a savings account
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Rewards for using your debit card
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When estimating income, it is better to be:
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A little low
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What locations could you find an ad for an apartment?
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In the local newspaper, on the internet, and in the phone book
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A legal document that contains all the details of the agreement between the landlord and renter which is signed by both parties
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Lease
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What utilities may be billed separately from your rent?
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Water, electricity, and phone service
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How much of your take-home paycheck should be budgeted for base rent?
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30 %
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What is the security deposit used for?
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The deposit can be used to repair damage caused by the tenant during the term of the lease
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What does your landlord have the right to do:
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Charge you the late fee stated in your lease if your rent payment is late
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What is the most important thing to consider when choosing an apartment?
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If you can afford to pay your rent and other costs on an ongoing basis
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What information would be found in a typical lease?
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The name of the previous tenant
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A landlord can refuse to rent you an apartment if what is true?
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You own a cat and a dog
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What are some considerations in choosing an apartment?
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The cost, proximity to work, and availability of mass transit
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Allows you to borrow money to buy a car, but you will have to pay it back with interest over time
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Loan
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This includes all the money you will have to pay to a lender beyond the amount you need to purchase the car:
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Finance charges
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This allows you to use a car for a specific period of time for a specified monthly payment
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Lease
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With this type of insurance, if you are involved in an accident both parties will be covered by their own insurance
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No-Fault
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This number helps you compare loans:
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APR
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This type of insurance pays to fix damages that you cause, but does not cover your own car.
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Liability
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What are part of your automobile operating costs?
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Insurance, Parking, and Gas
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What resource best helps you determine the value of a particular make and model of used car?
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Kelly Blue Book
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What should you keep sustained in order to keep you from going upside down on your loan (owning more on your car than its worth)?
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Down payment
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Purchasing rather than leasing will generally cause your initial monthly payments to be:
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Higher
