1. Final Review

2. A U.s. Department of Labor publication that gives in-depth job descriptions and information in eleven career categories is… Occupational Outlook Handbook

3. The amount of your monthly or annual pay is called… Salary

4. Sick pay, vacation time, and profit sharing are examples of _______, which you receive in addition to your income. Benefits

5. Informal communication structures that are established for people to talk to each other and share information are…. Networks

6. A person is a(n) _________ when he or she actively seeks new knowledge, skills, and experiences. Life long learner

7. The things in your life that you consider to be important to you are called… values

8. A desired end toward which efforts are directed is a(n)…. goal

9. A person you know who has inside information about job openings is called a(n)…. Contact

10. Spending a morning or afternoon with a worker in a job that interests you is known as…. Job shadowing

11. Public and private _____ help job seekers find a job for which they are qualified. Employment agencies

12. Many schools have ______ where students attend classes part of the day and then go to a job that provides supervised field experience. Cooperative education

13. The local newspaper contains a list of job openings in the classified section called _______ads Help wanted

14. A(n) _____goal is one you expect to reach in a few days. Short term

16. The letter that introduces you to a potential employer, explains how you are qualified for a job, and asks for an interview is a(n)… Application letter

17. A summary of personal information about you—your education, experience, skills, and references—is called a(n)… resume

18. A written statement from someone who knows you and can report about your character and abilities is a(n)… Reference letter

19. A letter written to express appreciation for time spent by an employer and that reminds him or her of your interest and desire in working for a company is a(n)… Thank you letter

20. When you talk with an employer about your qualifications for a job opening, it is called a(n)… Interview

22. Amounts both required and optional subtracted from gross pay… deductions

23. When deductions are subtracted from gross pay what is left is known as… Net pay

24. A group of people working in the same or similar occupations, organized for the benefit of all, is a(n)… Labor union

25. A type of work schedule that allows employees to choose their working hours is known as… Flextime

26. When two people share what was originally a full-time position, it is called______ Job sharing

28. Money collected by the government from various sources is known as….. Revenue

29. A(n) _____tax allows a higher-income person to pay a lower percentage of income in taxes than a lower-income person. regressive

30. To intentionally fail to pay taxes owed is to commit a serious crime called…. Tax evasion

31. An administrative agency of the federal government that collects taxes and enforces tax law is the …. IRS (Internal Revenue Service)

32. An examination of tax returns by the IRS is called a(n)…. Audit

34. A(n) ______is a banking service in which a customer deposits money and writes checks to withdraw at his or her convenience. Checking account

35. A(n) _____ is a record of checks written and deposits made in a checking account, kept by the depositor. Checkbook register

36. A(n)_____is sent by the bank regularly, listing checks and deposits processed by the bank, as well as charges and credits to an account. Bank statement

37. A(n) _____check is one that has been processed by the bank and has been subtracted from the depositor’s account. Canceled

38. A(n) ________endorsement, such as “For Deposit Only”, limits the negotiability of a check. restrictive

39. To write a check when you know there are temporarily not enough funds to cover the check is called ____ Floating a check

40. The process of matching your checkbook register with the bank statement is called______ Reconciliation

42. Money you have to spend as you wish—after all required taxes and deductions—is known as… Disposable income

43. A(n)______ is an organized plan whereby you match your expected income with expenses and savings. budget

44. Expenses that remain constant and cannot be easily changed or removed from a budget are called…. fixed

45. Expenses that may change according to needs and short-term goals are called… Variable expenses

46. When income exceeds expenses, the difference is called a(n)…. Cash surplus