W!SE Review #2

W!SE Review #2

9th - 12th Grade

30 Qs

quiz-placeholder

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W!SE Review #2

W!SE Review #2

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

Created by

Jevon Baskerville

Used 11+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Banks can use money from depositors to:

make their services and products attractive for new depositors

pay for employee special projects

give loans to consumers and businesses

pay expenses for the Federal Reserve System

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When deciding between two job offers with similar salaries, it is generally most important to consider the:

size of the organization

company benefits and retirement plan

weekly work hours and number of employees

reputation of the organization

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers who file for bankruptcy are still responsible for:

Mortgage loans

Tax claims and student loans

Car loans

Credit card balances

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mutual funds are:

An investment portfolio managed by the investor

An investment that holds a wide range of different investment instruments, providing diversification

Usually less risky than investing in a money market

Guaranteed to increase in value

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Banks use savings account deposits to:

pay interest to checking account depositors

pay bonuses to executives

give loans to consumers and businesses

help out different charities in the area

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is term life insurance usually the least expensive type of life insurance?

The policy only pays a death benefit

The policy builds a cash value

The policy provides coverage for a lifetime

The policy is available to all consumers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Carmen sold her stock in ABC Company for a higher price per share than she bought it for. She realized a:

Capital gain

Capital loss

Capital surplus

Dividend

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