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Managing Financial Information — Unit test Answers

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Frank is worried about identity theft. He does not like to give access to his checking account to anyone but the bank. What is the best option for him to pay his bills?

A
Frank should telephone in his payment to the company.
B
Frank should pay his bill online.
C
Frank should set up automatic withdrawals for the company he is paying.
D
Frank should mail a check to the company.
24

Personal finance skills have the most significant impact on an individual’s

A
career
B
education
C
quality of life
D
neighborhood safety
25

Ted has $55.00 in his pocket. Which purchase will he be able to pay for with cash?

A
two books for $29.95 each
B
headphones for $29.99 and a portable speaker set for $30.95
C
an MP3 player for $35.99 and a $20.00 gift card for downloading music
D
three books for $16.99 each

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