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Financial Tech Exam Part 2
Test Description: Financial Tech Exam Part 2
Instructions: Answer all questions to get your test result.
1) Enforces laws and prevents the selling of mislabeled foods, drugs, etc.
A
HIPPA
B
FTC
C
FDA
D
SEC
2) Restricts unfair methods of competition
A
FTC
B
FDA
C
SEC
D
HIPPA
3) Requires warning labels be visible on products
A
FTC
B
Cigarette Labeling and Advertising Act
C
HIPPA
D
FDA
4) Protects investors and oversees securities market
A
HIPPA
B
SEC
C
FDA
D
FTC
5) Based on estimated cash inflows and outflows
A
Expenses
B
Income
C
Budget
D
Variances
6) Costs that do not change
A
Fixed expenses
B
Liabilities
C
Variable expenses
D
Assets
7) Debts
A
Assets
B
Variable expenses
C
Fixed expenses
D
Liabilities
8) Costs that can go up and down
A
Assets
B
Fixed expenses
C
Variable expenses
D
Variances
9) Money or things you own
A
Liabilities
B
Fixed expenses
C
Assets
D
Variable expenses
10) Difference between planned income or spending and actual income or spending
A
Variance
B
Variable expenses
C
Assets
D
Fixed expenses
*select an answer for all questions
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