Chapter Assessment - Financial Literacy - أول ثانوي

Chapter 1 Assessment

Chapter 1 Assessment

Chapter 1 Assessment

For each lesson, match the terms listed with their definitions. Write the letters of the correct definitions.

Lesson 1.2

Chapter 1 Assessment

Lesson 1.3

Lesson 1.4

Chapter 1 Assessment

Explain one major skill a job applicant must have which is required in today’s workforce.

Why does the job market change over time?

Explain one reason why some jobs pay more than others.

Why is it important to read a job description carefully?

Why is education now an investment into your future?

Chapter 1 Assessment

Explain one benefit of off-the-job training.

Why is it important to keep self-training?

What is the most important skill an entrepreneur needs?

What is the biggest challenge of owning your own business?

Explain the main purpose of a business plan.

Chapter 1 Assessment

Why is there often a pay range for each salary scale?

How is being paid a salary different from being paid hourly wages?

What is a benefit of commission-based pay?

Which of the following is NOT a positive value?

A job description describes the tasks a person is required to do as part of their job.

Which of the following is NOT a business or employment goal?

Chapter 1 Assessment

On-the-job training is not a valuable form of education.

Which of the following is NOT a valid reason for the salary being high compared to the education required?

It is not a good idea to start planning for your future too early.

An entrepreneur wants to work in a large organization as a manager.

Which of the following is NOT an advantage of self-employment?

Small- or medium-sized organizations have fewer than 500 staff members and annual revenue below SAR 350 million.

A benefit of wages is that you have a regular income.

Which of the following is often true for salaried workers?

Chapter 1 Assessment

A tip is usually a percentage of a sale paid to an employee in addition

Choose the best method of payment for each role and explain your choice:

Explain why soft skills will be very important for the salesperson.

Explain which hard skills may be important and highlighted on the manager’s job description.