W!SE Practice Test #8

Quiz
•
Life Skills
•
11th - 12th Grade
•
Medium
Delmar Christian
Used 144+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following provides an increase in assets or wealth?
Valunteering at a hospital
Taking out a loan
Having capital gains
Running in the marathon
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A credit card finance charge is:
The sales tax
The cost of the items purchased
The dollar amount it cost to use credit
A service fee
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a credit score?
A number used to determine how much credit to extend to a person.
A measure used to indicate a person's gross wealth.
A reward system that is based on the number of credit cards a person has.
A formula based solely on a person's earnings.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you have a managed health care plan, it means that you:
Can go to any doctor at any time.
Usually must first meet with your primary care health care physician.
Will be responsible for $100 of a doctor bill.
Can apply for an 80% reimbursement of the amount paid to the doctor.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Jack's wallet, with all his credit cards, was stolen. He needs to:
Notify the credit card companies after he gets his next account statements to get the 800 telephone numbers to report the card stolen.
Check the next account statements for unauthorized charges and, if so, file a complaint with the credit card company.
Nothing because retailers will not accept charges by someone who does not own the card.
Notify each credit card company immediately.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shares of stock are also know as:
Bonds
Debts
Money market funds
Equities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which documents should be stored in a safe-deposit box?
Checkbook statements
Copies of current and past budgets
Current paycheck stubs
Mortgage loan papers
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