Taxes And Insurance 2: Question Preview (ID: 16944)

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When you claim someone on your income tax for which you provie support
a) deductible b) policy holder c) deduction d) premium
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-2 b) W-4 c) Paycheck stub d) premium
Your local, state, and federal taxes are used for all of these EXCEPT:
a) highways b) stop signs and redlights c) elementary schools d) Mall parking lots
Additional money that you must pay when you make a retail purchase.
a) federal tax b) state tax c) sales tax d) gratutity tax
someone who receives money if an insured person dies
a) policy holder b) dependent c) employer d) beneficiary
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 c) d)
Someone who relies on someone else for money and care
a) policy holder b) beneficiary c) liability d) co-dependent
payment to beneficiaries who are named by the insured person
a) health b) disability c) property d) life
This type of insurance provides money to pay for health insurance
a) liability b) life c) property d) health
provides payment to replace earnings during times when workers cannot work due to illness or injury
a) health b) long-term care c) disability d) liability
Payment to others, if amember of the insured household accidently causes harm to other people or property
a) disability b) property c) life d) liability
The donations of a product or service in place of cash
a) in-kind income b) employee compensation c) moral hazard d) income taxes
Products or services that add extra value for employees beyond wages earned
a) deductibles b) employee benefits c) employee compensation d) employee unemployment insurance
When the act of insuring an event increases the likelihood it will occur
a) moral hazard b) risk c) deductible d) premium
The following which is not one of the 3 sources of insurance is
a) employer b) government c) individual d) Savings and loan
Insurance includes these to reduce the problem of moral hazard
a) claims and deductibles b) coverages and claims c) co-insurance and coverages d) co-insurance and deductibles
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