EVERFI ACTUAL EXAM SCRIPT QUESTIONS
AND ANSWERS FULLY REVIEWED
MATERIAL
●● Benefits available from your employer
Answer: Healthcare, paid time off, disability insurance, and matching
contributions to a retirement account
●● Gig Economy
Answer: A flexible market that allows you to work short-term,
independent jobs
●● Possible tax or deduction which may show up on your paycheck
Answer: Federal income tax, Contributions to retirement savings, FICA
●● What do you need in order to fill out your 1040
Answer: W-2, Your routing and bank number, A record of any other
supplemental income
●● There is no relationship between the level of education received and
lifetime earnings (T/F)
Answer: False
, ●● W-2
Answer: A document your employer sends you that tells you how much
you've made and how much you've paid in taxes in the last year
●● When considering a job offer, you should only consider how much
you're being paid before you accept the offer. (T/F)
Answer: False
●● Net Pay
Answer: The amount of money you're paid, after all taxes and
deductions are taken out of your paycheck is
●● Good ways to track your budget
Answer: Notebook and pencil, Online software app, Envelope method
●● In your budgeting process, you look at recurring expenses before
reviewing your wants (T/F)
Answer: True
●● Things to consider when creating a budget
Answer: Charitable donations, entertainment expenses, and financial
goals
AND ANSWERS FULLY REVIEWED
MATERIAL
●● Benefits available from your employer
Answer: Healthcare, paid time off, disability insurance, and matching
contributions to a retirement account
●● Gig Economy
Answer: A flexible market that allows you to work short-term,
independent jobs
●● Possible tax or deduction which may show up on your paycheck
Answer: Federal income tax, Contributions to retirement savings, FICA
●● What do you need in order to fill out your 1040
Answer: W-2, Your routing and bank number, A record of any other
supplemental income
●● There is no relationship between the level of education received and
lifetime earnings (T/F)
Answer: False
, ●● W-2
Answer: A document your employer sends you that tells you how much
you've made and how much you've paid in taxes in the last year
●● When considering a job offer, you should only consider how much
you're being paid before you accept the offer. (T/F)
Answer: False
●● Net Pay
Answer: The amount of money you're paid, after all taxes and
deductions are taken out of your paycheck is
●● Good ways to track your budget
Answer: Notebook and pencil, Online software app, Envelope method
●● In your budgeting process, you look at recurring expenses before
reviewing your wants (T/F)
Answer: True
●● Things to consider when creating a budget
Answer: Charitable donations, entertainment expenses, and financial
goals
