Insurance — Unit test Answers

Which is an example of a short-term investment?

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

Putting money into more than one kind of investment at a time is called

Which of these are ways that identity theft can happen? Check all that apply.by forgeryby phishingby fraudby financial engineeringby social engineering

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 statement best describes the role of a credit agency?

What is the W-4 form used for?

Which action is the most important for managing credit effectively?

Which of these are ways that identity theft can happen? Check all that apply.

This image shows a receipt from a shoe purchase.

Putting money into more than one kind of investment at a time is called

Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should

Which statement best defines tuition?

Besides the cost of tuition, what additional educational expenses must students pay? Check all that apply.housingmealssuppliestextbooksclasses

Which of these scenarios most puts Margaret at risk of identity theft?

At tax season, an individual who has withheld too little in taxes can expect

This graph compares the total cost of attending educational institutions in Texas.

What is an insurance premium?

Maria's family has a health insurance plan. Her mother has $350 deducted from her paychecks each month.When Maria visited the doctor, her mother paid a $25 fee. The insurance company covered the rest of the cost of the visit.When Maria's mother went to the hospital, her family was responsible for paying the first $1,000 of the bill. After this payment, the insurance company covered the rest of the costs.

Work-study is a program that includes