Unit Test — Unit test Answers

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Dane wants to work as a controller for a local company. He has his high school diploma. Which path should he take to complete his schooling?

A
an associate’s degree, then a bachelor’s degree
B
a master’s degree, then vocational school
C
vocational school, then an associate’s degree
D
a bachelor’s degree, then a master’s degree
4

Which job in the Finance career would typically have one of the highest levels of schooling?

A
Credit Checkers
B
Insurance Claims Clerk
C
Brokerage Clerk
D
Business Financial Manager
5

Lito is a Brokerage Clerk. Which sentence best describes Lito’s job?

A
He researches, analyzes, and summarizes information about fraud.
B
He assesses financial situations using mathematical models.
C
He analyzes tax information using mathematical formulas.
D
He manages the paperwork for buying and selling securities.
6

Eva is a personal financial advisor. Her new clients are getting frustrated because Eva is using many financial terms. Which qualification should Eva use to help her clients?

A
her stress-management skills for handling urgent tasks
B
her ability to take complicated information and communicate it in an easier, more understandable way
C
her organizational skills for analyzing information, making predictions, and recommending solutions
D
her patience with repetitive tasks
7

Which table correctly lists the assets and liabilities?

A
A 2-column table with 4 rows. Column 1 is labeled Assets with entries leased car, mortgaged home, credit card debt, tax bill. Column 2 is labeled Liabilities with entries car, home, savings bond, stocks.
Option A
B
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, credit card debt, tax bill. Column 2 is labeled Liabilities with entries leased car, mortgaged home, savings bond, stocks.
Option B
C
A 2-column table with 4 rows. Column 1 is labeled Assets with entries leased car, mortgaged home, savings bond, stocks. Column 2 is labeled Liabilities with entries car, home, credit card debt, tax bill.
Option C
D
A 2-column table with 4 rows. Column 1 is labeled Assets with entries car, home, savings bond, stocks. Column 2 is labeled Liabilities with entries leased car, mortgaged home, credit card debt, tax bill.
Option D

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