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Exam (elaborations)

CFL Module 10 Exam Questions with 100% Correct Answers.

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CFL Module 10 Exam Questions with 100% Correct Answers.

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CFL Module 10 Exam Questions
with 100% Correct Answers.
major

A student's chosen field of study at college

market economy

an economy based on the laws of supply and demand

master's degree

academic degree granted to individuals demonstrating a mastery of a specific field of
study, usually takes 6 years or more of college & graduate school

scholarship

Money given to students to college students to help pay for their education and do not have to be
repaid, most are given based on merit (academic, athletic, skill, etc)

supply

the quantity of goods and services that producers are willing and able to provide

tuition

the expense paid by a student for the instruction at a school

work study

financial aid for college that enables students to work part-time while attending school

digital footprint

data that exists as a result of actions and communications online that can in some way be traced
back to an individual

cover letter

a letter that accompanies a resume, introducing the applicant to a prospective employer

job application

, a form that asks basic questions about the applicant's background such as work history,
skills, education, etc.

networking

Building relationships to create an expanding web of contacts in a particular career field or
industry

references

people, not related to you, who have known you and can provide information about your
skills, character, and achievements

resume

a summary of your work experience, education, skills, and interests that qualify you for a job

job interview

a face-to-face meeting with a potential employer to discuss a job opening

assets

Money and items of value that you own

benefits

forms of pay other than salary or wages

budget

a spending and saving plan based on expected income and expenses

commission

a set fee or percentage of sale paid to an employee instead of or in addition to a wage

disposable income

money available to spend or save after taxes have been paid

entrepreneur

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