Final Quiz
Authored by Ramya Racharla
Financial Education
Professional Development
Used 1+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or false: If you miss paying for your credit card on time, your score goes down.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the range of a good credit score?
600-700
950-1000
300-850
670-850
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
50% of your income is for your expenses and 30% is for your wants. What is the remaining 20% for?
Anything I want
Rent and bill payments
Savings and investment
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Your passive income should cover your expenses.
False
True
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these does NOT count as earned from an active income?
Tips
Dividends
Commissions
Wages
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many types of taxes are there?
6
5
4
7
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Social Security and Medicare are known as (a) taxes
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