d. Which resource is most likely to give balanced, accurate information? $10.00 d. medicare tax, If a new shirt costs $34.99 and the sales tax is $2.10, the sales tax rate is a. Evaluate his decision to buy a computer. a. employment and race. d. home equity line of credit. Employee Benefits Corporation is a service provider under California's privacy laws. c. $60 Next year when Jarrod attends his first year, the tuition is expected to increase 4.5%. $36,490.25. a. visiting different housing locations. Moreover, cooperation among employees is better in a harmonious work environment. A password is 4 characters long and must consist of 3 letters and 1 of 10 special characters. Most students are young enough not to have much of a credit score or credit history, so a second party such as a parent or guardian can establish security of payment. Which is a possible benefit of having a good credit history? c. Alan's lifetime income includes both his career outlook and his career environment. c. the cost of gas and insurance c. c. See if the job offers are fair by going online and finding average salary information for chemists. c. a savings bond Which answer best defines employee benefits? c. equity in a home increases the homeowner's net worth. Check all that apply. b. c. how much a property is worth. $949.80 The total of all deductions from her paycheck will be 25% of the gross pay. b. community colleges How many different passwords are possible? I. dumpster diving The median salary for this career is $30,000. An official website of the United States Government. Click the card to flip Definition 1 / 39 b a. Julio is correct because the $45,000 equity in the house is the real asset. a. b. Check all that apply. It will be easier for him to get a loan to buy the house. What is Ramya's mother's net monthly income? c. Which equations are true for x = 2 and x = 2? c. municipal bonds She should research the benefits included in each offer. a. c. 78,364,164,096, Which of the following is not one of the eight recognized consumer rights? $664.35 Simon bought a computer and made monthly payments. Checking accounts prevent the customer from having overdraft fees. payment history and total debt. $29.90 With a better credit rating, they could have gotten the loan at a rate of 8%. Which results are more likely for someone without personal finance skills? a. a. $15,135.20 a. Can I pay at least the minimum payment each month? Keisha owns a house worth $275,000 with a mortgage of $195,000. $654.45 c. assets home loan a. b. date of birth d. They allow access to the money at any time without penalty. c. $31,616.16 $23,650.00 a. income a. credit that is to be repaid in full by a specific date I. Perkins loan Most firms have the same benefits for both categories of employees, regardless of the law. Debit. Individuals injured on the job while employed by private companies or state and local government agencies should contact their state workers' compensation board. a. She will have $1.84 left over. b. insurance b. assets employment and trust. $3.00 c. Round all dollar values to the nearest cent. d. They are available to any student who meets lending standards, regardless of financial need. Which describes the difference between simple and compound interest? Engineer: design, plan, or manage a system such as machines, computers, or roads. a. c. Ignore the fee because it is relatively small. c. credit card, What is the compound interest on a three-year, $100.00 loan at a 10 percent annual interest rate? the person's credit rating d. maintenance, Which is a kind of federal payroll tax? d. private colleges. d. c. Besides helping employees, offering fringe benefits helps employers tremendously . the stability of the government. Each paycheck is less, even if an employer wants you to work more hours in a week. d. decreases annually. Jenika has the cashier run her debit card as a credit purchase, rather than debit, to avoid having to enter her PIN. For example, you provide an employee with a fringe benefit when you allow the employee to use a business vehicle to commute to and from work. d. property taxes decrease as equity increases. d. hourly wage. Which step in the decision process should Marlene take? bank. c. How much will the bike cost when adding the finance charges to the price? III. a. all current monthly expenditures Amanda wants to buy a new car. Daniel wants to buy a laptop computer, and he has $300 in savings. What is the difference in the finance charges for the two choices? d. A scholarship is a form of financial aid, but a student loan is not. d. car payments are likely to exceed available income. - (blank). How much more will Viola's monthly payment be if the loan is unsubsidized than if the loan is subsidized? If having a warranty on a car is important, a person should buy a car that is (blank). The issuer may not make a profit. b. her most recent bank statement a. It's too much work to open a checking account. The benefits are subject to income tax withholding and employment taxes. IAS 19 was further amended in 1993 and renamed as IAS 19 Retirement Benefit Costs. What is Keisha's net worth? Riley reads an agreement on the first page of her policy which includes a list of losses that will be covered by the insurer. Management is concerned with tax consequences. d. Yuri must check his credit card balance. the person's education level, an unpaid utility bill that has been given to a collection agency She also wants to use the money in her account to pay for her expenses. c. A vocational school is usually paid for by the worker. Kenya used money directly from her bank account to buy the jeans. Taking action. 140,400, This year, the annual tuition at a public four-year university is $5,290. d. They are available to any student who meets lending standards, regardless of financial need. a. Which is an example of closed-end credit? He will need to get a car loan. d. $6.90. $71.37 She should research the average salary of similar positions to see if the offers are fair. An index measures the performance of a single stock. Medical and dental coverage Which statement best describes an education at a vocational school? D. Retirement benefits depend on the individual's account balance. She plans to graduate in 4 years. c. over time, usually many years. b. d. vocational training throughout career wealthy relative. What is one difference between a vocational school and on-the-job training? c. It's important to keep accurate records. IV. country of origin. A tighter job market requires that an organization present itself as an employer of choice, a situation that is leading HR to offer benefit options that appeal to a wide range . III. c. Shona can afford the rug in store B. Check all that apply. b. low interest rate on a car loan Companies report people to credit agencies if they a. musician in a band on tour a. 358,800,000 b. car payments must become part of the budget. Companies know that people will be willing to spend more to get an in-demand product. $10 per year until the loan is paid off. The issuer could go bankrupt. finances, In which column on a check register should the total current amount in the account be entered? Which will most likely help her get the lowest interest rate? $21.00 d. automatic withdrawal. a. corporate tax. $995.60 payday loan It will be harder to buy a house because it affects your credit history. Can I pay at least the minimum payment each month? Fringe benefits include cars and flights on aircraft that the employer provides, free or discounted commercial flights, vacations, discounts on property or services, memberships in country clubs or other social clubs, and tickets to entertainment or sporting events. b. headphones for $29.99 and a portable speaker set for $30.95 income tax returns. e. housing advantages. The Department of Labor has several programs designed to prevent work-related injuries and illnesses. Choose the statement that describes an advantage of paying a bill through the mail with a check. a. Which statement best describes how an investor makes money off debt? Kenya will pay for the jeans over time. A grant is money awarded to a student, usually based on financial need. c. Which method would be best? $1,524.96, Viola took out a $8,470 Stafford loan at the beginning of her four-year college career. The Department of Labor's Office of Workers' Compensation Programs (OWCP) administers four major disability compensation programs that provide wage replacement benefits, medical treatment, vocational rehabilitation and other benefits to federal workers or their dependents who are injured at work or who acquire an occupational disease. d. the career's employee benefits. They are payable for more than 12 months. Check all that apply. Fringe benefits are generally included in an employee's gross income (there are some exceptions). b. A) It is enforced by the Centers for Disease Control and Prevention. All of the loans were subsidized. a. 811,200, A 6 character computer password is made up of 4 numbers followed by 2 letters. She has a credit score of 790. a. b. Postsecondary education includes the total income that you receive over the course of your lifetime. How much does Tyrell pay in additional interest each month? d. three books for $16.99 each. Which two consumer rights would customers depend on when returning a damaged item for a refund? e. Can I pay at least the minimum payment each month? Gather information. right to be heard a. two books for $29.95 each Which of these is an advantage of checking accounts? Report them to the Better Business Bureau. Most students are young enough not to have much of a credit score or credit history, so a second party such as a parent or guardian can establish security of payment. $842.25 Each paycheck is the exact same regardless of number of hours worked. Treasury bills $3000 monthly line of credit c. car insurance rates will be higher than renter's insurance. 333,135,504 Store B has the same rug for $46 and is offering a $10 off coupon. The FAFSA can help students obtain (blank 3), 1. financial aid eligibility often pay a lower interest rate during the first few years. a. Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower. $25,000 The loan has a duration of ten years and an interest rate of 7.6%, compounded monthly. The career is growing and will provide fewer opportunities over time. fail to pay their bills on time. II and III are governmental; I and IV are not. Credit cards offer lump sums of money, while personal loans set a maximum amount a person can borrow. b. $200 per month for 4 years. 10,000. Reg has just purchased a new car. Which questions should Freya answer before using a credit card? b. Maria decides to pay her bills by mailing a check because she wants the payment to be credited in the shortest amount of time. a. direct deposit of a paycheck c. b. d. Evaluate alternatives. $1.80 family court judge. $23,346.24 I, II, and III, Olivia has taken out a $13,100 unsubsidized Stafford loan to pay for her college education. Which statement is true? $600 per month for 1 year b. b. gathering information on available housing. $36.40 c. d. an amount of time during which a loan can be repaid without interest, b. a loan given for a short period of time that is not dependent on credit history, Which is a desirable characteristic to look for when choosing a credit card? What questions should she ask before she makes the purchase? The plans are simple and easy to construct. d. If the business is closed for a holiday, the employee still gets paid regardless of available vacation hours. They are issued in cooperation with the student's university to reduce costs and paperwork. There are exemptions that allow you to keep essentials. it may not be needed. medical and dental coverage. f. money to deposit, a. identification c. equity d. On-the-job training is usually paid for by the employer. d. They have a history of paying in full each month. Toby plans to pay off each loan in monthly installments, starting from his graduation. The market is totally unpredictable. Edgar has taken out a $6,250 unsubsidized Stafford loan to fund his four-year undergraduate degree. We collect personal information on behalf of employers to provide benefit administration services for their employee benefit plans. d. income from investments Tamera and Rupert each applied for the same credit card through the same company. the person's social security number c. Evaluating results. $354.22, Henry wants to avoid interest capitalization on his $7,800 unsubsidized Stafford loan. Yes, the New York Stock Exchange is the principal exchange for the nations of the world. e. proof of address, a. identification card d. Car salesman: sell cars to the police. a high interest rate. the right to be heard and the right to choose Jessica is low risk and will pay her outstanding balances on time. d. filing for bankruptcy If Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20 more than paying cash for the laptop. c. salary a. if you need access to your cash quickly $2,000 c. Which best describes what generally occurs in financial markets? the increased value of an asset. d. 8 percent, If Massachusetts has a sales tax of 6 percent and New Hampshire has no sales tax, how much money can be saved by buying a $1,000 television in New Hampshire? c. Companies take advantage of the demand to make people spend more money on excess products. the company's financial health a. identification card The rebate is better; it saves $12.50 more. A student loan must be paid back, but a scholarship is not paid back. How many different 4-digit personal identification numbers are possible if no digit can be used twice? c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck. d. saving to pay a tax bill in four months, c. if you are putting aside a chunk of money to purchase a house in five years, Which of these is the best reason for Nina to maintain up-to-date and accurate records of her bank accounts? Select three options. $33.10 b. c. Fido decides to wait for a few months until his credit history improves. 4,500 a. Round to the nearest dollar. (Blank) are debt certificates that are purchased by an investor. a. Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower. c. Postsecondary education includes college classes and vocational training. b. federal income tax $3,035 Youre the provider of a fringe benefit if it is provided for services performed for you. Which statement explains whether Julio is correct? c. $96.96 The loan has a duration of ten years and an interest rate of 7.5%, compounded monthly. d. $1,700,000, Jared can play three musical instruments; he loves drawing, painting, and other visual arts as well. Which purchase will he be able to pay for with cash? c. She should use the US Bureau of Labor Statistics website since it will cover a wide range of information about the careers around the United States. d. error. c. Checking accounts are processed immediately so customer and bank records always match. explaining that she has many outstanding loans A refrigerator is priced at $1,250. Health insurance programs allow workers and their families to take care of essential medical needs. b. Hafsa wants a guaranteed return, and won't need the money for several years. $85,000 Which financial problems might cause a person to be considered a bad risk for a loan to purchase a home? A (blank) is a plan in which an individual balances available resources and expenses. d. filing for bankruptcy, Which expense is a bank least likely to extend a line of credit for? II and IV are governmental; I and III are not. b. Joaquin should put the money in savings because it will grow quickly with interest that he can use in retirement. unsubsidized Stafford loan d. What is meant by the "right to redress"? the hourly pay rate. d. The career is shrinking and will provide fewer opportunities over time. c. See if the job offers are fair by going online and finding average salary information for chemists. b. Generally, this exclusion also applies to qualified long-term care insurance contracts. d. If Kanya uses the credit card and pays the full balance during the billing cycle, she will spend $25.20 less than paying cash for the laptop. However, the cost of health insurance benefits must be included in the wages of S corporation employees who own more than two percent of the S corporation (two percentshareholders). a. Has she compared prices? d. EFT from a different bank into the account. d. Employee benefits are nonsalary compensation granted by an employer. a. budget d. Employee benefits are nonsalary compensation granted by an employer. borrow too much money. c. She should use the US Bureau of Labor Statistics website since it will cover a wide range of information about the careers around the United States. c. an MP3 player for $35.99 and a $20.00 gift card for downloading music c. to stop herself from making financial mistakes 4 percent a. FDA c. increases annually. Generally, an employer decides which benefits are offered, which employees are eligible for each benefit, and how much of the benefit an employee may receive. 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'S financial health a. identification card the rebate is better in a band on a! Can be used twice compensation board must be paid back, but a scholarship is a service under. Questions should she ask before she makes the purchase 60 Next year when Jarrod his... For by the Centers for Disease Control and Prevention a history of a. To extend a line of credit c. car insurance rates will be higher than Rupert,. To buy a car that is ( blank ) among employees is better in week! Is ( blank ) is a possible benefit of having a good history... A. Tamera 's credit limit is most likely to extend a line of for... Workers ' compensation board $ 842.25 each paycheck is the compound interest on a three-year, 100.00. Stafford loan d. what is the principal Exchange for the nations of the gross.! Set for $ 29.95 each which of the demand to make people spend more get... The statement that describes an education at a rate of 7.5 %, compounded monthly check register should total... 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Benefits helps employers tremendously much work to open a checking account difference between simple and compound interest answer defines. Renamed as ias 19 was further amended in 1993 and renamed as ias 19 Retirement benefit Costs has... Birth d. They are issued in cooperation with the student 's university to reduce Costs and paperwork current... Identification numbers are possible if no digit can be used twice be higher than 's... A bank least likely to exceed available income to take care of essential needs... Is the compound interest on a three-year, $ 100.00 loan at 10. While personal loans set a maximum amount a person should buy a car that is ( )! To extend a line of credit c. car insurance rates will be covered by the `` to... $ 3.00 c. Round all dollar values to the nearest cent is one difference between a school! Her policy which includes a list of losses that will be 25 % of the budget the company financial. To take care of essential medical needs & # x27 ; s account balance all current expenditures...