5 Written questions
5 Matching questions
- Debit Card
- Transfer Payment
- a A plastic card that provides access to electronic funds transfer (EFT) from an automated teller machine (ATM) or a point-of-sale (POS) terminal.
- b An individual who conceives of, establishes, operates, and assumes the risks of a business.
- c The failure to meet a financial obligation or agreement.
- d The assets and debts that a person leaves at death.
- e Money that a government provides to citizens for reasons other than current employment or the delivery of goods or services in exchange. Examples include Social Security, veteran's benefits, and welfare.
5 Multiple choice questions
- An individual's beliefs about what is important, desirable, and worthwhile, which often influence decisions.
- A document that contains the signer's desires for specific medical treatment in case the person is unable to make medical decisions; also known as a health care directive.
- number, or another piece of personal information to commit fraud.
- A government fee on business and individual income, activities, or products.
- A legally binding agreement between two or more parties.
5 True/False questions
Credit Counseling Service → A statistical measure of a loan applicant's creditworthiness, which is the likelihood of repayment.
Wealth → Accumulated assets; positive net worth.
Probate Court → A plastic card that provides access to electronic funds transfer (EFT) from an automated teller machine (ATM) or a point-of-sale (POS) terminal.
Opportunity Cost → The value of possible alternatives that a person gives up when making one choice instead of another; also known as a trade-off.
Identity Theft → A plan to buy a product with little or no down payment by renting it until the final payment is made, at which point the total paid far exceeds the product's purchase price.