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What is the amount of money you earn before deductions on your paycheck?. Net Amount Gross Amount Take Home Both A & C. :01. What is the process called when you review your bank statement and your check register and get them to agree . Clearing Debiting Crediting Reconciling. :04.
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What is the amount of money you earn before deductions on your paycheck? • Net Amount • Gross Amount • Take Home • Both A & C :01
What is the process called when you review your bank statement and your check register and get them to agree. • Clearing • Debiting • Crediting • Reconciling :04
When your paycheck is electronically transferred to your bank. • Your emplhoyer takes it to the bank • The employee takes it to the bank • The paycheck is electronically transferred into a bank account 10
What is a check that you have written but the bank has not cashed yet. • Outstanding checks • Stop payment checks • Cancelled Checks • Blank Checks 10
What is term for how quickly an investment can be turned into cash? • Bonds • Stocks • Liquidity • Maturity 10
Which endorsement is just your signature? • Restrictive • Blank • Full • Unique 10
Subletting means… • Landlord rents to you • You the renter, rent to someone else • Pay your security deposit • Rent a condominium 10
Which savings tool earns a fixed amount of interest for a fixed amount of time. • Money Market • Certificate of Deposit (CD) • Savings Account • Mutual Fund 10
What is a plan for saving and spending your money? • Investment Portfolio • Savings Statement • Budget • None of the above :10
What is the goal when you refinance a mortgage? • Pay a higher interest rate • Pay a lower interest rate • Get a Adjustable Interest rate 10
Which tax form is mailed out by your employer by Jan 31st and to complete your taxes? • W2 • W4 • W11 • 1040EZ 10
Which tax form is the one you fill out when you start a job? • W2 • W4 • W11 • 1040EZ 10
What is social security? • Health Insurance • Forced Savings for retirement • Medicare • 401K :10
Which term describes your money being invested among a variety of investments? • Liquidity • Diversification • Volatility • Cost Averaging :10
Which retirement plan is offered by your employer? • IRA • Social Security • 401K • 402B :10
What is a share of the company’s profits? • Dividends • Audit • Profit Sharing • Yield :10
What does the term “matching” mean? • The company will give you profit sharing • The company will give you a bonus • The company will put a % of money in your 401K • All of the above :10
Which of the following is true about conservative investments? • Low risk, high return • Low risk, low return • High risk, high return • High risk, low return :10
What does the term equity mean… • The ownership you have in your home • Renting a home • Money you owe the bank for your home • The difference between renting and owning 10
There is a hail storm and your vehicle is damaged. Which coverage will pay? • Collision • Bodily Injury • Comprehensive • Medical Payments 10
Which of the following loans is secured by collateral? • Home Mortgage • Car Loan • Credit Card • Student Loan • Both A & B :10
The Dow Jones Industrial Average is a benchmark made up of… • 30 most widely held companies • 50 most widely held companies • 100 most widely held companies • 200 most widely held companies :10
The original amount you borrowed • Enter Answer Text
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