Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Taxes And Insurance 2
Test Description: Career Preparedness Class Taxes and Insurance Review 2
Instructions: Answer all questions to get your test result.
1) Insurance includes these to reduce the problem of moral hazard
A
co-insurance and deductibles
B
coverages and claims
C
claims and deductibles
D
co-insurance and coverages
2) When the act of insuring an event increases the likelihood it will occur
A
risk
B
moral hazard
C
premium
D
deductible
3) The following which is not one of the 3 sources of insurance is
A
government
B
employer
C
individual
D
Savings and loan
4) Products or services that add extra value for employees beyond wages earned
A
employee compensation
B
employee unemployment insurance
C
deductibles
D
employee benefits
5) The donations of a product or service in place of cash
A
income taxes
B
employee compensation
C
in-kind income
D
moral hazard
6) This type of insurance provides money to pay for health insurance
A
liability
B
life
C
health
D
property
7) provides payment to replace earnings during times when workers cannot work due to illness or injury
A
disability
B
liability
C
health
D
long-term care
8) Payment to others, if amember of the insured household accidently causes harm to other people or property
A
property
B
disability
C
life
D
liability
9) payment to beneficiaries who are named by the insured person
A
property
B
health
C
disability
D
life
10) someone who receives money if an insured person dies
A
dependent
B
policy holder
C
employer
D
beneficiary
11) Someone who relies on someone else for money and care
A
beneficiary
B
liability
C
co-dependent
D
policy holder
12) If you opt to have your employer take out money out of your paycheck during the year, you will not have to fill out an income tax form in the spring
A
True
B
False
13) Your local, state, and federal taxes are used for all of these EXCEPT:
A
highways
B
elementary schools
C
Mall parking lots
D
stop signs and redlights
14) Additional money that you must pay when you make a retail purchase.
A
state tax
B
sales tax
C
gratutity tax
D
federal tax
15) The form you reference when you are completing your 1040 tax form-it tell you how much you earned during the year at that particular job
A
W-4
B
premium
C
W-2
D
Paycheck stub
16) When you claim someone on your income tax for which you provie support
A
deductible
B
deduction
C
policy holder
D
premium
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?