3rd 9 Weeks JTC Test Question Preview (ID: 35808)

a) It heavily influences your approval for bank loans and credit cards

b) It determines how much you will have to pay the government in taxes

c) A credit score is important only for business and not for individuals

d)

a) Keep making purchases on your credit card

b) Paying in full and on time

c) Paying your bill every other month

d)

a) Keep most of your cash in the safety of your home

b) Pay yourself first

c) Choose the savings account that has the lowest interest rate

d)

a) A plan for how you will spend the money you earn or receive

b) A type of saving account

c) The amount of money the government taxes you on

d) A type of checking account

a) A. General equivalency diploma that certifies high-school –equivalent skills in writing, literature, social studies, science

b) B. General education diploma that certifies a student to do specific trades.

c) C. Both A and B

d) D. Neither A or B

a) A good idea if used sparingly

b) A bad idea because it looks bad on your credit score

c) A good idea, because you don’t have to pay for them if they are below a certain amount.

d) A bad idea, because they can pile up and end up costing you more than original purchase prices.

a) A.major is an area of study in which a post-secondary student receives a degree; whereas a minor is a supporting or additiona

b) B. minor is area of study in which a post-secondary student receives a degree; whereas a major is a supporting area of study

c) C. Both A and B are correct

d) D. Neither A or B are correct

a) Extra credits

b) Core subjects

c) Minor requirements

d) Electives

a) an “A” average

b) a “B” average

c) a “C” average

d) None of these choices.

a) Grade Percentage Average. A way o f recording your progress in a class.

b) Graduated Point Average. A sequential arrangement of materials in a class.

c) Grade Point Average. The point(s) received for the grade earned. Points are totaled then averaged.

d) Both A and C are correct

a) test that assesses high school students’ general education development and their ability to complete college-level work.

b) An Armed Services Vocational Aptitude Battery test that consists of verbal, math and technical tests.

c) A high school exit exam.

d) None of These Choices

a) Increases the total amount

b) Decreases the total amount

c) Doesn’t change the total amount

d)

a) Appreciating

b) Depreciating

c) Self-deprecating

d)

a) Appreciating

b) Depreciating

c) Self-deprecating

d)

a) All are combination codes on bank vaults

b) All are long-term savings accounts for retirement

c) All are checking accounts that you sign up for at a local bank

d)

a) Your bank and the other bank might charge you a fee

b) You can’t use another bank’s ATM

c) Your bank closes your account

d)

a) Money Market

b) Savings

c) Retirement Account

d)

a) Your middle name

b) Your car’s serial number

c) Your social security number

d)

a) A sum of money you pay on a mortgage(or other loan) up front

b) A payment that goes down, down, down

c) A payment that gains value over time as the stock market rises.

d)

a) A type of rent used to pay for housing.

b) A type of loan used to buy property

c) A type of financial statistic

d)