Financial Management Exam Practice

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Across
  1. 4. an estimate of income and expenses for a set period of time.
  2. 6. type of salary which is the amount of money a person makes in one week. There are 52 weeks in a year
  3. 8. Insurance that protects your family against financial loss after your death including money to pay for funeral costs or outstanding bills.
  4. 9. a ​secure ​box in a bank’s vault used for the safe storage of a customer’s valuables
  5. 14. originally set up to offer savings accounts and home mortgage loans
  6. 16. the money paid to government agencies for Social Security and medicare taxes.
  7. 19. Automatic teller machine
  8. 20. offer the entire range of banking services, such as checking and savings accounts, loans, and financial advice
  9. 21. tells the employer the amount of tax to withhold from an employee's paycheck based on their marital status, number of allowances and dependents, and other factors.
  10. 22. a record of an employee’s total payroll deductions for the year
  11. 23. Insurance that protects you against financial loss when you are unable to work due to a non-work related injury or accident.
  12. 24. things that make life more interesting and fun, but someone could live without them if they had to.
  13. 25. ​money received, especially on a regular basis, for work or through investments
  14. 26. Math that helps you with everyday purchasing and counting money
  15. 31. the money paid to local, state, and/or federal government to provide services for the people in those places like building roads, education, and police officers.
  16. 33. money spent in exchange for something of value.
  17. 34. Insurance that protects your family against financial loss caused by a flood--required in a flood plain.
  18. 35. not-for-profit banks set up by organizations for their customers to use
  19. 36. Insurance that protects you against financial loss involving your home including fire, theft, accidents that occur on your property
Down
  1. 1. What you are doing when you check for Coupons and other ways to make the cost of the item lower.
  2. 2. type of salary which is the amount of money someone makes on a job for a month. There are 12 months in a year
  3. 3. money put in a bank account
  4. 5. money you make before taxes and deductions
  5. 7. money you actually take home and get to live on. (gross pay - deductions)
  6. 10. protects you against financial loss involving some of your key purchases (like phones) from theft, accidents, spills, etc.
  7. 11. a way to document income and expenses for a budget.
  8. 12. insurance that protects you against financial loss involving your car. It can include car accidents, theft, damage from weather, etc.
  9. 13. a process of setting goals, developing a plan to achieve them and putting the plan into action.
  10. 15. It is the standard amount your insurance has you pay for things such as routine doctor’s visits.
  11. 17. the standard U.S. individual tax return form that taxpayers use to file their annual income tax returns with the IRS.
  12. 18. things like taxes, fees, etc taken out of your pay
  13. 27. Usually means the number of hours you work over 40 in a week. You usually get 1.5 times your pay or double your pay per hour for overtime.
  14. 28. insurance that protects you against financial loss involving your health including doctor’s appointments, surgeries, diseases, etc.
  15. 29. the very basic things someone must have to survive.
  16. 30. required to be filled out by employees and employers to verify identity and eligibility for employment
  17. 32. type of salary which is the amount of money someone makes on a job for an entire year