
W!SE Terms Mixed Review
Authored by Morgan Sellers
Business
9th - 12th Grade
Used 2+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The term that best describes money left over after paying taxes, fixed and other essential living expenses, is:
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What is the difference in a bank and a credit union?
Credit unions are member owned.
Banks are non-profit
Credit unions are for profit
Banks deal with less cash than credit unions.
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which factor would most likely lead to an increase in the interest rate on a person's credit card?
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The National Credit Union Administration (NCUA) insures accounts in:
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Using someone else's money, promising to repay at a future date, and paying a fee for use of the money, is the definition for:
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Collateral is
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The amount withheld by an employer from an employee's earnings. Typically includes income taxes, FICA taxes, Group Insurance, Pension Contributions, etc.
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