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WorksheetsBanking Budgeting Credit
Total questions: 12
Worksheet time: 6mins
Which is an example of a restrictive endorsement?
Edward Hogan
Pay to Edward Hogan
For Deposit Only, Edward Hogan
Pay to the Order of Maureen Green, Edward Hogan
Which is the best way to establish a good credit rating?
pay cash for all expenses
close all savings accounts
always pay bills on time
spend as much as possible
Which form does an employee need from the employer in order to file federal and state income taxes?
W-4
W-2
1040EZ
tax table
The amount of an employee's paycheck after the employer subtracts taxes and other deductions is which type of income?
discretionary income
gross income
net income
fixed income
Dashun receives his bank statement at the end of the month. All of the checks he had written appeared on the bank statement except for check #145. This check is
an outstanding check
a cashier's check
a canceled check
a traveler's check
10. The Employee's Withholding Allowance certificate for your to fill out is also called the ____.
1040EZ
W-2
W-6
W-4
Which item in a person's budget is considered a variable expense?
entertainment
insurance premiums
car payments
rent
Checks that have been written, but have not been paid by the bank are known as
cashier's checks
traveler's checks
outstanding checks
canceled checks
Which one of the following is an example of a neeed?
Pizza
Movie Ticket
Nike Sneakers
Housing
Which of the following is an example of a want?
Diamonds
Housing
Food
Clothing
Which one is NOT one of the 3 C's of Credit
Character
Caution
Capacity
Capital
The cost of credit is the
Amount of monthly payment
Cash price
Interest/Finance charge
Buy now pay later
