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D/S Unit 4 True/False
Test Description: Unit 4 True False questions
Instructions: Answer all questions to get your test result.
1) Single stocks carry the same amount of risk as mutual funds.
A
True
B
False
2) You can start investing with a small amount of money
A
False
B
True
3) Good investment portfolios are extremely complex.
A
True
B
False
4) If you leave a job and have money saved in your employer's retirement plan, use a direct rollover to avoid taxes and penalties.
A
False
B
True
5) Saving and investing have nothing to do with the amount of money you make
A
True
B
False
6) Comprehensive coverage takes care of damage to your car not caused by a collision.
A
False
B
True
7) After high school, you should have the following types of insurance: auto, renter's, health, and long-term care insurance.
A
False
B
True
8) Renter's insurance is not necessary if you don't have a lot of expensive things.
A
True
B
False
9) Any insurance with cash value or that combines insurance with investments is a bad idea.
A
False
B
True
10) Disability insurance offered through your employer is usually the most expensive coverage option.
A
False
B
True
*select an answer for all questions
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