Managing Financial Information — Quiz

Question 1

Checking a credit report is a good way to

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know whether credit is improving.

Question 2

Which statement best describes how lenders determine borrowing conditions for a customer?

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They access the customer’s credit reports.

Question 3

Bryan receives an e-mail from a group posing as a police officers association and asking for bank account information. This is an example of

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phishing.

Question 4

Bryan receives an e-mail from a group posing as a police officers association and asking for bank account information. This is an example of

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phishing.

Question 5

Federal and state governments protect victims of identity theft by

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creating laws that impose fines and jail time for identity thieves.

Question 6

Which information is included on a person’s credit report? Choose four correct answers.

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current credit cards and loans; whether bills are paid on time; interest rates for different loans; total amount of money owed

Question 7

The safest way for someone to make an online purchase is to

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buy from a reputable website.

Question 8

It is important for victims of identity theft to contact the authorities

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quickly to protect themselves from financial losses.

Question 9

Bella has a credit score of 720. Based on the graph, which description most likely explains her score?

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She pays her bills on time and has a lower amount of debt.

Question 10

Which person is a victim of identity theft?

Revolt · Accepted Answer

Thomas, whose credit card information was stolen and maxed out at a jewelry store

Managing Financial Information — Quiz Answers