W!SE Personal Finance Review

Front

Which account is most liquid? Options: Savings, CD, Checking, Traditional IRA

Back

Checking

Front

If you deposit $10,000 or more in a bank account, the bank must notify the

Back

US Treasury

Front

Which typically pays the highest rate of interest? Options: Savings, CD, Money Market Account, Common stock

Back

CD

Front

Payroll taxes include deductions for Social Security and Medicare.

Back

True

Front

Which account is least liquid? Options: Savings, Checking, Money Market Account, CD

Back

CD

Front

Which of these financial institutions is not for profit & is owned by members? Options: Commercial bank, Savings & Loan Association, Credit Union, Investment Club

Back

Credit Union

Front

Which of these is most liquid? Corporate bond, Money Market Account, CD, Stock

Back

Money Market Account

Front

Income tax is paid only on income earned through your job.

Back

False

Front

Traveler's Checks

Back

function like cash but are easily replaced if lost

Front

Which of these would be considered an employee benefit? Options: Monthly salary, Travel opportunities, Walking distance from home, Paid sick leave

Back

Paid sick leave