AnswersPersonal Finance - SC 26-27 For CreditPlanning for the Cost of College

Planning for the Cost of College — Unit test Answers

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What is one difference between a vocational school and on-the-job training?

A
A vocational school degree takes one year to earn. On-the-job training takes two or more years.
B
A vocational school degree takes weeks or months to earn. On-the-job training takes two years or fewer.
C
A vocational school is usually paid for by the worker. On-the-job training is usually paid for by the employer.
D
A vocational school is usually paid for by the employer. On-the-job training is usually paid for by the worker.
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Which statement best describes lifetime income?

A
the total salary for all the years worked
B
the total salary and retirement benefits for all the years worked
C
the total salary and value of insurance benefits for all the years worked
D
the total cost of college classes and vocational training divided by the total years worked

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