DS: Semester Exam Question Preview (ID: 49293)


This Is The Review Guide For Fall 2019. TEACHERS: click here for quick copy question ID numbers.

What is a budget?
a) an industry that handles financial transactions
b) something we will never use
c) an estimate of our income and how we plan to use it
d) the trust that you will pay back what you owe

What is something you look for when choosing a credit card?
a) APR
b) Savings
c) return rates
d) online savings

what is a need?
a) estimate of monetary worth
b) an amount that has to be paid
c) something to survive
d) a desire for something

what is a want?
a) estimate of monetary worth
b) desire for something
c) an amount that has to be paid
d) something needed for survival

what is rent?
a) a person who occupies land or property
b) a tentants regular payment to a landlord for the use of property or land
c) purchase goods or services on credit
d) the act, state, or right of possessing something

MSRP stands for?
a) Manufactures suggested retail price
b) minimum standard remote payment
c) most sailent responsible pledge
d) mandated sale risk procedure

when must taxpayers complete and submit tax return forms?
a) april 1st
b) april 15th
c) march 15th
d) march 1st

How many types of 1040 Tax forms are there?
a) 1
b) 2
c) 3
d) 4

what is saving?
a) putting money away for a purpose
b) giving to others
c) stupid
d) something no one does

what is investing?
a) putting aside money for a purpose
b) something only rich people do
c) loaning your money to a company, who in turn pays you more when you take it back, if they do well
d) idk

what is a blue collar job?
a) what isn't
b) work with your hands
c) work in an office
d) whatever pays the bills

what is a white collar job?
a) what isn't
b) work with your hands
c) work in an office
d) whatever pays the bills

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