GFL State Review #12

Front

What is Decision Making?

Back

is the thought process we use to choose the best solution from all available options.

Front

Which step is the most important step in the decision making process? Options: Identifying the decision needs to be made, Analyzing the situation, Making the decision, Reviewing the decision which was made

Back

Identifying the decision needs to be made

Front

What is the FICO® score?

Back

A proprietary formula used to calculate credit scores.

Front

What is the range of credit scores that Kayla might be referring to?

Back

300-850

Front

How do credit card companies make money?

Back

By charging late fees and interest to their customers.

Front

What is fraudulent misrepresentation?

Back

any statement that has the effect of deceiving the buyer.

Front

Separately purchased agreement by the manufacturer or outside company

Back

service contract

Front

The person named in a life insurance policy to receive the death benefit is called the

Back

beneficiary

Front

Food poisoning sends you and your family to the emergency room. What type of insurance is relevant?

Back

Health Insurance

Front

a fixed amount you pay for a service

Back

co-pay