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WISE Financial Literacy Certification Practice Questions Solved 2024

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Question : To qualify for a Federal Housing Administration (FHA) loan, a person must generally A: have at least a high school diploma. B: have one-quarter of the cost of the home for a down-payment. C: fulfill income guidelines. D: provide two individuals to co-sign the loan. - Answer- C: fulfill income guidelines. A high school student has begun to investigate the field of finance as a career choice. In deciding about the field, the student should focus on which question fir...

WISE Financial Literacy Certification Practice Questions With Actual Correct Answers

WISE Financial Literacy Test Terms with Complete Solutions WISE Financial Literacy Test Terms with Complete Solutions WISE Financial Literacy Test Terms with Complete Solutions WISE Financial Literacy Test Terms with Complete Solutions In order to get spending under control, a person should first - ANSWER-create a budget of current income and expenses. Comparison shopping for a car is necessary because - ANSWER-the price for the car can vary a great deal. When a person receiv...

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Wise Financial Literacy Test Questions and Answers 100% VerifiedWise Financial Literacy Test Questions and Answers 100% VerifiedWise Financial Literacy Test Questions and Answers 100% VerifiedWise Financial Literacy Test Questions and Answers 100% Verified If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the: - ANSWER-US Treasury Department The most liquid type of investment is: - ANSWER-A money market account. He financial institution where Ms. San...

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Which of the following does the Federal Reserve use to regulate the nation's money supply? - Answer- Monetary policy Identify the background color of a U.S. $5.00 bill. - Answer- Green A type of electronic funds transfer (EFT) is: - Answer- An ATM transaction Scott just got an ATM card to use and must choose a PIN (Personal Identification Number). How should he select a PIN that will give him maximum protection against anyone else being able to find out what the PIN is? - Answer- Use a...