Corporate Terms Trivia Quiz

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Quizzes Created: 2 | Total Attempts: 16,675
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  • 1/10 Questions

    A long-term bond with a job

    • Resume
    • Career
    • College degree
    • All of these
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About This Quiz

What do you know about the corporate world? Would you like to try the corporate terms trivia quiz? If you are a corporate employee, you must have heard many common corporate words and terms defining various corporate-related things and ideas. The quiz here asks pertinent questions such as what is the term for someone who applies for a job, the term for if someone can provide information to the person's potential employer, and more. Let's see how well you score.

Corporate Terms Trivia Quiz - Quiz

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  • 2. 

    Money earned on a fixed basis

    • Allowance

    • Fringe Benefits

    • Tips

    • Salary

    Correct Answer
    A. Salary
    Explanation
    Salary refers to the money earned on a fixed basis for the work or services provided by an individual. It is a regular payment made to an employee by an employer, typically on a monthly or bi-weekly basis. Unlike tips, which are additional payments received as gratitude or appreciation for good service, salary is a predetermined amount agreed upon between the employer and employee as part of the employment contract. Salary is different from allowances and fringe benefits, which are additional perks or benefits provided to employees in addition to their regular salary.

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  • 3. 

    Keeping sensitive personal information related to the job and other people

    • Job Hotline

    • On-the-Job Trust

    • Confidentiality

    • Both A & B

    Correct Answer
    A. Confidentiality
    Explanation
    Confidentiality refers to the practice of keeping sensitive personal information related to the job and other people private and secure. It involves maintaining the trust of individuals by not disclosing their personal information without their consent. Both Job Hotline and On-the-Job Trust are related to the concept of confidentiality, as they both involve handling sensitive information in a trustworthy and confidential manner. Therefore, the correct answer is "Confidentiality".

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  • 4. 

    People who know an applicant well and can provide information about that person

    • Resource person

    • Past employer

    • References

    • Teachers

    Correct Answer
    A. References
    Explanation
    References are people who know an applicant well and can provide information about that person. They are individuals who can vouch for the applicant's character, skills, and qualifications. References are usually contacted by potential employers or academic institutions to gather additional insights about the applicant's abilities and suitability for a particular role or program. They can be former colleagues, supervisors, teachers, or any other individuals who have had a professional or personal relationship with the applicant and can provide a credible assessment of their capabilities.

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  • 5. 

    Someone who applies for a job is called 

    • Employee

    • Candidate

    • Job seeker

    • Applicant

    Correct Answer
    A. Applicant
    Explanation
    The term "applicant" refers to someone who applies for a job. This individual has expressed interest in a specific job position and has submitted an application or resume to be considered for the role. The term "employee" refers to someone who has already been hired and is working for a company. "Candidate" refers to someone who is being considered for a job but has not yet been hired. "Job seeker" refers to someone who is actively looking for employment opportunities. Therefore, "applicant" is the most accurate term to describe someone who applies for a job.

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  • 6. 

    A summary of your qualifications for a job

    • Work Experience

    • Resume

    • Qualifications

    • Work Portfolio

    Correct Answer
    A. Resume
    Explanation
    A resume is a document that provides a summary of an individual's qualifications for a job. It typically includes information about work experience, qualifications, and sometimes a work portfolio. A resume is commonly used by job seekers to showcase their skills, education, and work history to potential employers. It serves as a concise and organized overview of the candidate's background and suitability for a particular job position.

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  • 7. 

    Utilizing your personal connections to succeed in your goals

    • Networking

    • Teamwork

    • Resume

    • Collaboration

    Correct Answer
    A. Networking
    Explanation
    Networking refers to the practice of utilizing personal connections to achieve success in one's goals. It involves building and maintaining relationships with individuals who can provide support, advice, and opportunities. By leveraging these connections, individuals can gain access to resources, information, and potential career opportunities that may not be readily available otherwise. Networking is an effective way to expand one's professional circle, enhance career prospects, and achieve personal and professional goals.

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  • 8. 

    Amount of money authorized to be automatically subtracted from your income every pay period

    • FICA deductions

    • Payroll deductions

    • Insurance

    • Retirement Account

    Correct Answer
    A. Payroll deductions
    Explanation
    Payroll deductions refer to the amount of money authorized to be automatically subtracted from an individual's income every pay period. This can include various deductions such as FICA deductions, insurance premiums, and contributions to a retirement account. These deductions are typically predetermined and agreed upon between the employee and the employer, and are subtracted from the gross income before the employee receives their net pay.

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  • 9. 

    The amount of income left after all the deductions have been made

    • Gross income

    • Net income

    • Take-home pay

    • Savings plan

    Correct Answer
    A. Net income
    Explanation
    Net income refers to the amount of income that remains after all deductions have been made. This includes deductions such as taxes, insurance premiums, and retirement contributions. It is the actual income that an individual or organization receives and can use for personal expenses or business operations. Net income is an important financial metric as it provides a clearer picture of the actual earnings and financial health of an individual or business entity.

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  • 10. 

    The natural talents or capacity to do something is called

    • Strength

    • Intelligence

    • Skills

    • Knowledge

    Correct Answer
    A. Skills
    Explanation
    Skills refer to the natural talents or capacity to do something. It is the ability to perform a specific task or activity effectively and efficiently. While intelligence and knowledge are related to one's understanding and acquisition of information, and strength refers to physical power, skills are specific abilities that can be developed and honed through practice and experience.

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  • Current Version
  • Jan 07, 2025
    Quiz Edited by
    ProProfs Editorial Team
  • Sep 07, 2010
    Quiz Created by
    Lcallaway3

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