An itemized deduction is based on age, filing status and whether he or she is disabled.

Which of the following is a form used by an individual’s employer to withhold the proper amount of federal income tax from the employee’s paycheck?

When must W-2 forms be sent to employees?

Which of the following forms report an employee’s annual wages and the amount of taxes withheld from his or her paycheck?

Which of the following is NOT classified as a spending need?

Based on the 50/30/20 rule for allocating resources, which of the following percentages should be devoted to savings?

Which of the following correctly defines the “M” in the goal setting acronym SMART?

Which of the following are goals which can be achieved in less than a year of time?

Which of the following is the sum of the individual’s current assets minus the individual’s total liabilities?

Which of the following is NOT a common budgeting strategy?

Which of the following money personalities is described as a person who enjoys spending their money either on themselves or others rather than saving it?

Which of the following is an example of a variable expense?

Which of the following is an expense which stays relatively the same from month to month, such as a car payment or rent?

Which of the following is an itemized summary of the expected income and expenses for a defined period of time?

Which of the following refers to personal belongings which have value?

Which of the following is an example of a personal asset?

An individual has total assets of $120,000 and total liabilities of $80,000. What is his net worth?

Which type of people likes to plan for the future and are prepared for any type of financial situation?

Which of the following refers to individuals who do not consider money as a necessity and do not have much of an opinion on money?

What does “A” represent in SMART goal setting practices?

Which of the following is considered to be a long-term financial goal?

Which of the following is NOT a way to reduce the borrowing cost of a loan?

Which of the following types of loan is issued when the borrower promises an asset of equal or higher value for the loan?

Which of the following credit scores are considered fair?

Which of the following is an example of revolving credit?

In order to assess an individual’s credit worthiness, five factors are reviewed. Which of the following factors evaluates a person’s income and household expenses?

Which of the following is a short-term, high-interest loan designed to bridge the gap from one paycheck to the next?

Which of the following is the annual or yearly rate charged for borrowing or earning through an investment?

Which of the following best describes higher down payment?

Which of the following is the gap between when the credit card’s billing cycle closes and when the bill becomes due?

Which of the following types of interest fluctuates over time as the market interest rates change?

Which of the following requires the borrower to offer a securement to the lender, in case they do not repay the loan?

Which of the following is NOT considered a bad borrowing habit?

Which of the following types of credit is issued and supported by a borrower's reliability, rather than the value of an asset?

Sierra wants to buy a new laptop but doesn't have enough money right now. Which of the following is the issue of money, goods or services to an individual or entity with the expectation of future payments?

Colin wants to buy a new laptop from BestBuy but doesn't have enough money right now. Which of the following involves a lending institution allowing him to borrow money and then pay back some or all of it each month?

Juana and Jessica are discussing when taxpayers must complete and submit tax return forms. When is this deadline?

Which of the following is the total amount of tax debt owed by an individual to a taxing authority such as the IRS?

Which of the following is NOT a tax use for local government?

Which of the following is an amount of money a taxpayer can subtract from taxes owed to the government?

Which of the following types of tax deduction allows the taxpayer to list out all of his or her expenses for the year such as property tax, medical expenses, eligible charity donations, unreimbursed business expense?

Which of the following refers to a range of incomes subject to a certain income tax rate?

Which of the following is considered an earned income?

__________ is a spending plan for managing money during a given period of time

Which items should you pay for before buying any of your wants?

The amount of money you bring home on your paycheck after taxes and other deductions are taken out of your gross pay. This is called ________________________.

Which of the following best represent Jonathan's monthly financial goals?

Yolanda brings home $2,500 a month. She spends $500 on food, and $850 on housing. She pays $150 on her credit card bill, puts $500 in savings and $300 goes into her emergency fund. Her financial goals represent what percentage of her income?

The following best represents Denise's monthly wants:

Which of the following money personalities is described as a person who enjoys spending their money either on themselves or others rather than saving it?

Under the Fair Credit Reporting Act, each credit bureau must provide your credit score, free of charge, if you request it.

Companies use a mathematical formula to create your ______. It's an indication to lenders of a person's capacity to repay debt.

Paying my bills late could negatively affect my credit history.

Which is important in establishing good credit?

Your credit score is NOT configured off of which of the following: Payment history, Amount owed, GPA, Length of credit history.

Which is an exceptional credit score?

Your credit score determines how successful you will be in obtaining a loan.

A high credit score means you will have the highest interest rates when applying for a loan.

Cherikai is applying for a loan and the bank wants to check her history of past loan and credit-related transactions. This record is _____________.