Question 1 (1 point)
On average, compared to people who have a high school diploma, people who acquire post secondary education:
Question 1 options:
Earn 29% more annually |
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Earn 29% less annually |
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Earn the same amount of money as those with a high school diploma |
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Do not need to learn about personal finance |
Question 2 (1 point)
Operating at a sales level at which you have neither profit nor loss is called:
Question 2 options:
Net profit. |
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Liabilities. |
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Breakeven. |
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Equity. |
Question 3 (1 point)
When two people jointly hold one full-time position this is referred to as:
Question 3 options:
Job sharing. |
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Flextime. |
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Job enrichment |
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Alternative work arrangement. |
Question 4 (1 point)
A ratio is just one number divided by another, with the result expressing the relationship between the two numbers.
Question 4 options:
True | |
False |
Question 5 (1 point)
The majority of people sit with a credit score between 300 and 400.
Question 5 options:
True | |
False |
Answer 1 Earn 29% more annually.
The post secondary education will bring more job opportunities with a higher income range. So it, generally, leads to a higher incoem as compare to high school diploma holders.
Answer 2 BreakEven
Break even point is a level at which there is neither profit nor loss.
Answer 3 Job sharing
Job sharing is a scenerio in which two people hold the one full time job opportunity. Both the people will keep updating each other and perform roles and responsibilities jointly.
Answer 4 True
Ratio is an expression or relation in which the one number is divided by another number and the result is expressed as a percentage of aother number. For example Gross Profit Ratio = Gros Profit/Sales*100
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