Advanced Personal Finance Final Exam Study Guide
Authored by Contrilla Anderson
Business
9th Grade
Used 4+ times
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60 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Principal × Rate = Interest.
True
False
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Which of the following is NOT a way to limit the amount of income tax you owe?
tax-deferred investments
home ownership
tax-exempt investments
filing your taxes online
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Common taxes on purchases are sales tax and gift tax.
True
False
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
The person named in a life insurance policy to receive benefits.
exemption
credit rating
regular account
dependent
beneficiary
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
These stockholders have voting rights in a corporation.
exemption
dependent
common stockholders
credit rating
regular account
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An endorsement that allows you to transfer a check to another person.
credit rating
regular account
exemption
full endorsement
dependent
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A person's reputation for paying bills on time.
exemption
regular account
restrictive endorsement
dependent
credit rating
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