Unit Test — Unit test Answers
Which action is the most important for managing credit effectively?
Which questions should Robert ask himself before investing the $10,000 he inherited? Select four options.How am I protected as an investor? Are my friends investing in a similar way? What guarantees are in place so I make money? What taxes will I have to pay on this investment?How do the risks compare to the potential gains? What are the chances that the investment will fail?
Which is an example of a short-term investment?
Which of these are ways that identity theft can happen? Check all that apply.by forgeryby phishingby fraudby financial engineeringby social engineering
Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should
Putting money into more than one kind of investment at a time is called
Which statement best describes the role of a credit agency?
Martin receives an e-mail about a money-making opportunity from a sender who asks for his bank account number. The best way to avoid having his identity stolen is to
Which information is included on a person’s credit report? Check all that apply.money owed to a relativecurrent credit cards and loanstotal amount of money owedwhether bills are paid on timehow much money lenders will loaninterest rates for different loans
What is one benefit of privately issued student loans?
Read the scenario.Sarah has always been passionate about environmental protection. She decides to volunteer her time and donate to a local organization dedicated to cleaning up parks and promoting recycling in her community. She feels a sense of fulfillment knowing that her efforts are contributing to a cleaner and healthier environment for future generations.What is the primary motivation behind Sarah's volunteer work and donations?
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
A couple has decided to increase their income from investments for when they retire in twenty years. Which is the best way they can accomplish that goal?
Which option below is not a potential risk of purchasing a used car?
What is the best reason for Jacinta to have a savings account in addition to a checking account?
Which type of insurance policy would someone get to protect others only?
The chart shows a range of credit scores.
Which are types of income tax that people pay? Check all that apply.
Which person is a victim of identity theft?
Read the scenario.Casey has been saving for a new car and is ready to make a purchase. Having a substantial amount to put down as a down payment, Casey approaches the car dealership. The salesperson and the loan officer view Casey's willingness to make a high down payment positively.Why would Casey be considered a lower risk by the lender for planning to make a high down payment?
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