Financial Management Unit 5 Test

What type of bill is this electric bill?

• Utility bill

• Housing bill

• Credit card bill

When is John Member’s electric bill payment due?

• 04/24/2012

• 04/27/2012

• 05/20/2012

What is John Member’s account number?

• 123456

• 01-01-01234

• 218-732-1234218-732-1234

What is the total amount due for this bill?

• $98.92

• $181.00

• $252.00

In what numbered section of the bill should John look to find his account summary?

• Section 1

• Section 3

• Section 5

In what numbered section of the bill should John look to find the company website?

• Section 1

• Section 2

• Section 3

What numbered section of the bill should John include with his payment to the company?

• Section 3

• Section 7

• Section 9

The electric company will accept a minimum payment less than the full balance.

• True

• False

What method of payment should John use if today’s date is 5/19/2012, but he does not have transportation to pay in person.

• Check

• Automatic Draft

• Debit Card

After you have opened your bills, you should record the _________ on a calendar to remember when they must be paid.

• balance due

• due date

• current charges