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Review 2
Test Description: Voc words
Instructions: Answer all questions to get your test result.
1) Portion of medical expenses covered by an insurance policy
A
Benefit
B
Insured
C
profit
D
401 K
2) Person whose costs are covered by an insurance policy
A
Insured
B
Benefit
C
Profit
D
401 K
3) Person (s) named to receive money when the insured dies
A
Benefit
B
Life insurance
C
Beneficiary
D
Pension Plan
4) Insurance coverage that pays money to a beneficiary when the insured dies
A
401 K
B
Life insurance
C
Social Security
D
Insured
5) Social Security tax paid to a social security account
A
Insured
B
Social Security
C
profit
D
Contribution
6) Federal program that provides retirement benefits to all U.S. citizens over age 62 who have paid into the program
A
Profit
B
Social Security
C
Exercise options
D
Contribution
7) The decimal .723924 rounded to the nearest thousandth is.
A
.72392
B
.7239
C
.723
D
.724
8) A manufacturer that produces 28 items a day can produce_______ items in 9 days.
A
196
B
252
C
140
D
37
9) Operation Expnses are 20% of a $90,000 butget. _______ is budgeted
A
$72,000
B
$18,000
C
$20,0000
D
$70,000
10) Annual
A
6 months
B
A week
C
12 months
D
A month
*select an answer for all questions
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