Review

Select all examples of employee benefits

Group heath plan, tuition reimbursement

Supply is the amount needed

False

Adult pay________ taxes

Income, property, and sales

Tips, bonuses, and capital gains are all _____.

sources of income

After the end of the year you can except to receive a form from your employer stating how much you earned and how much you paid in taxes for the years. This is form is the______.

W-2 form

Theresa just graduated from high school. She is making career decisions. What criteria should she consider?

work location, salary, daily tasks, work schedule, and job outlook

Floods, product failure, change in demand, and ineffective sales are all examples of _____.

risks

Shawn made $32,500 last year he is single with no children he does not have any deductions to itemize he should use the _________ to file his tax return

1040EZ tax form

The purpose of taxes is to __________.

All except deduct money from your pay

Employee salaries equipment purchases consultant fees and legal fees are all example of_________.

Costs

Rachel paycheck stub shows an amount that was subtracted from her pay for health insurance. This is a

Deduction

To help you decide on a career you should_______.

Explore career options take a self assessment apply the PACED decision making process and write goals

Name three or four public services that are made available through the revenue from taxes

Police department, fire department, public school and public libraries

A career goal should be measurable, detailed, and include a plan

True

What is important to know about yourself when making a career choice

Your own values, interest and skills

Allison sells pharmaceuticals. She earns twelve percent of every sale. This is a _____.

commission