PCC Final Exam Study Guide Questions & Answers

PCC Final Exam Study Guide Questions & Answers Intrepreneurship working for a company, able to use your creativity to make new ideas. Apprenticeship learning a skill or trade from someone who has already mastered the skill. Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More Post-Secondary School an educational program beyond a high school degree. Technical and Vocational Program education and training which provides knowledge and skills for employment (2 year program)(earn professional certificate). Entrepreneurship the activity of setting up a business or businesses, taking on financial risks in the hope of profit. Work Study Program a job you can do in school to help pay for your expenses/finances. Scholarship a grant you can earn (don't pay back) Financial Aid money you receive from an outside source to help pay for education. Internship the position of a student who works in an organization, sometimes without pay, in order to gain work experience or satisfy requirements for a qualification. Process a series of actions or steps taken to achieve an end Consequences a result or effect of an action or condition. Probability likelihood that a particular event will occur Formula a rule or method for doing something Problem a situation that is unwelcoming or challenging, needing to be overcome. FAFSA Free Application for Federal Student Aid; determines how much financial aid a student may receive. Merit Raise a raise in pay based on a set of criteria set by the employer (not everyone gets these). Goal something you work towards to achieve. Objective something you do without emotion. Subjective based on or influenced by personal feelings, tastes, or opinions. Want have a desire to possess or do something. Annual Raise increase in the amount of hourly pay or salary that an employee recieves for work performed in an organization (almost everyone gets one). Need might be resources like food that you need to keep you alive. Electives an optional course of study IRA (individual retirement accounts) encourage you to save up while your still working by offering tax incentives. Who can you list as references for a job application? people who aren't family or friends How long does your credit history stay on your credit report? 7 years What do colleges look for when applying to go there? test scores, financial aid, SAT, ACT, transcript What does a resume summarize? your qualifications, skills, and yourself as a person How can you earn college credits in highschool? by taking AP classes and dual credit courses (you can transfer the credits in college) How can you have positive body language during an interview? not fidgeting, making eye contact, sitting up straight, shaking their hand. Why are telephone interviews conducted? pre screening, to see how you act, they then decide if they want in person screening. Property Insurance house or land Liability Insurance when a business takes actions that hurt someone Automobile Insurance cars Medical Insurance used for when you go to the doctor, or medications you get Life Insurance if you die, they help pay Instrumental Value the value money and objects have Moral Value what you believe is right or wrong Intrinsic Value your happiness and emotions