AnswersGA-GSE Personal Finance and EconomicsUnit Test

Unit Test — Unit test Answers

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Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents. Which could be the heading of Carrie’s balance sheet?

A
Carrie’s Balance Sheet (January 1, 2021)
B
Carrie’s Balance Sheet (January)
C
Carrie’s Balance Sheet (Friday, January 3)
D
Carrie’s Balance Sheet (January 2011 – January 2021)
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Which of these is an advantage of checking accounts?

A
Checking accounts prevent the customer from having overdraft fees.
B
Checking accounts allow convenient ways to deposit or withdraw funds.
C
Checking accounts are processed immediately so customer and bank records always match.
D
Checking accounts offer limited checks but offer higher rates of interest.
63

A lender is assessing customers for loans. The credit scores of four customers are below.IdaCorrineBruceRoland820550390610Which person will the lender assess as having the lowest risk?

A
Ida
B
Corrine
C
Bruce
D
Roland

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