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Discover Health Occupations Readiness Test: Basic Financial Math Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. After calculating your final estimate for the event you should...

Question 2 2. Which of the following is not a general factor looked at when determining quality?

Question 3 3. What tool should you use to help organize your event costs?

Question 4 4. Which of the following does not fall under the service category?

Question 5 5. Why do you want to keep your audience in mind when determining the quality of materials needed for an event?

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Question 6 6. What might be the reason your records show more funds than the bank statement reports?

Question 7 7.

Your bank statement shows this information:

Opening balance: $600

Check 555: -$100

Check 556: -$65

Check 558: -$125

Your account ledger shows this information :

Opening balance: $600

Check 555: -$100

Check 556: -$65

Check 557: -$75

Check 558: -$125

How much money do you have and why?

Question 8 8. Why is it important to balance your bank accounts?

Question 9 9. What is the most accurate way to determine how much money you have in your bank accounts?

Question 10 10. What are some primary differences between savings and checking accounts?

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Question 11 11. What is the formula for calculating net pay?

Question 12 12. What is net pay?

Question 13 13. Choose the answer that correctly identifies two of the various deductions that are typically withheld from a paycheck.

Question 14 14. What is another name for net pay?

Question 15 15. Choose the answer that correctly identifies two of the various taxes that are typically withheld from a paycheck.

Discover Health Occupations Readiness Test: Basic Financial Math Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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