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