Why is it useful to have your bank account and routing numbers when using tax preparation software?
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Your salary is one thing to consider when reviewing a job offer but benefits are also important. Which of the following would not be a part of your benefits package? a) matching contributions to a retirement accountb) healthcare insurancec) ...
What is a key strategy commonly employed in online financial education to enhance learning and engagement? a. personalized and learning paths b. VR simulations c. peer-to-peer learning d. microlearning
Which of the following developments in Europe in the sixteenth and seventeenth centuries most directly helps to explain the presence of the scholars shown in the image of China? A. The Inquisition led to the expulsion of enemies of the Catholic ...
Your financial choices can have a sustainable impact when they are based on your ________. habits values intuition feelings
Which is NOT a positive reason for using a credit card to finance purchases? a) Paying it off on time can help build your credit history b) You can get rewards and discounts. c) You can buy something you need ...
Benefits to paying the full balance of your credit card each month include: a) Paying more in interest b) Decreasing your credit score c) Not having late fees d) Increasing your credit score
What will happen to your credit score if you do not manage your debt wisely? a) You won’t be able to track your credit score b) Your credit score will go up c) Your credit score will go down d) ...
To maintain a good credit score you must ______. a) manage your debt wisely. b) check your credit score every week. c) have credit monitoring. d) have many open credit cards.
Which of the following is NOT a feature that makes a secured loan less costly than an unsecured loan? a) A high interest rate b) Collateral c) Less risk for the financial institution d) All of these are correct
Which of these items is NOT important to consider when selecting a credit card? a) Annual Percentage Rate (APR) b) The look of the credit card c) Credit limit d) Penalties and Fees
Which item is important to consider when selecting a credit card? a) Annual Percentage Rate (APR) b) Fees c) The look of the credit card d) Both APR and fees
Using a loan could help with the purchase of which of the following? a) a new telivision b) a dream wedding c) a house d) airline tickets to your dream vacation
What option will NOT be available if you are behind on loan payments? a) A financial institution may offer for you to pay a little now and pay the rest after your next pay day. b) You can borrow money from ...
Explain why diversification is such an important concept when it comes to investing for your future.
You can remain on your parents’ health insurance plan until you’re: A. 21 years old B. 25 years old C. 26 years old D. 29 years old
HDHP insurance with a health savings account can save you money on what? A. Premiums B. Deductibles C. Claims D. Copays
What’s the payment you make each time you visit the doctor? A. Claim B. Copay C. Premium D. Liability
You should buy a life insurance policy that’s _______ times your annual salary. A. 6-8 B. 10-12 C. 12-15 D. 8-10
Life insurance guarantees your loved ones get a certain amount of money when you _________________.
If you’re young and healthy, medical insurance is not as necessary. True or False?
Insurance helps you transfer the _________ from your bank account to the insurance company.
Review Question: Explain why saving money with a state minimum auto liability insurance policy generally isn‘t the best idea.
Your financial choices can have a sustainable impact when they are based on your ______ habits values intuition feelings
The “decision model that computes the difference between the present value of the investment’s net cash inflows, using a desired rate of return, and the cost of the initial investment” is best described by which of the following terms?
“CMC Pictures” believes that they can break the $2M gross revenue barrier in couple of years by adding “drama” genre movies to their portfolio. To that end, which of the following big guns of analysis can they use to predict ...
“Aloha Releasing” wants to expand its genre offering. To that end, they want to hire a well-known action director. Aloha’s problem is that they want to ensure that the studio and director’s incentives are well aligned. Which of the following ...
Let’s say you want to build a logic tree, for the question “how do genre and distributor impact gross revenue”. Use “genre” as the first node of the logic tree, followed by “distributor” and “movie”. Which of the following will ...
Your grandparents are excited to hear that you are taking a personal finance course. After hearing about it one evening, your grandmother wanted clarity on the following question as she has heard conflicting reports. Which of the following is required ...
Investments with longer payback periods are more desirable, all else being equal.