Wise financial literacy Study guides, Class notes & Summaries

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...

Earned Income - ANSWER Income derived from active participation in a trade or business, including wages, salary, tips, commissions and bonuses. Unearned Income - ANSWER Any income that comes from investments and other sources unrelated to employment services. Examples: interest from a savings account, bond interest, alimony, and dividends from stock Exemptions (aka allowance) and how they work - ANSWER If you are not claimed as a dependent on another taxpayer's return, then you can cla...

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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WISE financial literacy test

WISE Financial Literacy Certification Term Review

Wise Financial Literacy Practice Test Questions and Answers (Graded A)Wise Financial Literacy Practice Test Questions and Answers (Graded A)Wise Financial Literacy Practice Test Questions and Answers (Graded A)Wise Financial Literacy Practice Test Questions and Answers (Graded A)Wise Financial Literacy Practice Test Questions and Answers (Graded A) If a person makes a deposit of $10,000 or more into a bank account, the bank must notify the - ANSWER-A: US Treasury Department. In order to track l...

WISE Financial Literacy Certification Test Practice