Question types

Start with

Question limit

of 138 available terms

Advertisement Upgrade to remove ads
Print test

5 Written questions

5 Matching questions

  1. Compounding
  2. Medicaid
  3. Record keeping
  4. Job
  5. Pawnshop
  1. a The process of keeping an orderly account of a person's financial affairs, including income earned, taxes paid, household expenditures, loans, insurance policies, and legal documents.
  2. b Calculating interest on both principal and previously earned interest.
  3. c An easy-access credit business that makes high-interest loans secured by personal property collateral, such as jewelry.
  4. d A program, financed by state and federal government tax revenues, to pay specified health care costs care for those who cannot afford them.
  5. e A position of employment with specific duties and compensation. (See Career.)

5 Multiple choice questions

  1. Aid in the form of money or necessities for those in need; often from a government program.
  2. Protects dependents from loss of income, debt-repayment, and other expenses after the death of the insured party.
  3. An expense that a taxpayer can subtract from taxable income. Examples include deductions for home mortgage interest and for charitable gifts. (See Tax credit and Tax exemption.)
  4. Money that financial institutions, governments, or corporations pay for the use of investors' money.
  5. Gross wage or salary, plus bonuses, minus deductions such as for taxes, health care premiums, and retirement savings.

5 True/False questions

  1. Personal FinanceThe principles and methods that individuals use to acquire and manage income and assets.


  2. Disability InsuranceReplaces a portion of income lost when a person cannot work because of illness or injury.


  3. Long-Term Care InsuranceCovers specific costs of custodial care in a nursing facility or at home.


  4. Social SecurityStock ownership in a corporation.


  5. Financial GoalsDesired results from one's efforts to achieve personal economic satisfaction.