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Wise Test Review Questions and Answers Already Passed
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Wise Test Review Questions and Answers Already Passed A credit card is issued to John and Maria Davis. This month, John charges $100 and Maria makes no charges. When the bill is received who is legally responsible for paying the $100 Both John and Maria A factor that can cause the price of a stoc...

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  • June 21, 2023
  • 8
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • wise test review questions and answers already pas
  • a credit card is issued to john and maria davis t

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Wise Test Review Questions and Answers Already Passed A credit card is issued to John and Maria Davis. This month, John charges $100 and Maria makes no charges. When the bill is received who is legally responsible for paying th e $100 ✔✔Both John and Maria A factor that can cause the price of a stock to DECREASE is the company ✔✔lowering its expectations of future earnings. A good financial goal should ✔✔be achievable in five years. A landlord never received the rent check sent by the renter two weeks ago. What is the first action the renter should take ✔✔Contact the bank to find out if the check was cashed. A major reason that corporations issue stock is to ✔✔raise money to expand b usiness activities. A person has been contributing regularly to her company's 401(k) plan. She decides to leave the company. It would be financially advisable for her to ✔✔move the money from the 401(k) plan into another qualified retirement plan A perso n is looking at his budget to find ways to invest more money. It would be best for him to ✔✔reduce this variable expenses. A person may need to have liquid assets when ✔✔there is an emergency need for cash A person receives $200 from an uncle for graduat ion. This money is considered ✔✔a gift. A person wants to buy stock in McDonald's. Before buying the stock it is important that the person consider the ✔✔company's potential for making money. A person wants to open a bank account in his name. He will be required to give the bank ✔✔a state or federal -issued picture identification. A person's gross pay for this month is $4,000. Why should his monthly budget be less than $4,000 ✔✔Taxes are taken out of his gross pay, reducing the amount of money he takes ho me A role of the Federal Reserve Bank (Fed) is to ✔✔influence interest rates.

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