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WISE TEST REVIEW PF Exam Question And Answers 2024.
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WISE TEST REVIEW PF Exam QuestionAnd Answers 2024
10 years - correct answers✅when a person declares
bankruptcy, that fact will appear on the person's credit report for
how long?
7 years - correct answers✅most of the adverse information on
a credit report appears for how long?
notify the credit card companies and negotiate new terms -
correct answers✅a person has three credit cards with very
large outstanding balances and is unable to make payments on
any of them. which action should the person take?
a collateralized loan - correct answers✅When a person brings
an item to a pawnshop to obtain cash, the transaction is
considered to be what?
monetary policy - correct answers✅the federal reserve uses
what to regulate the nation's money supply?`
Will I find a balance between financial rewards and personal
satisfaction? - correct answers✅a high school student has
begun to investigate the field of finance as a career choice. in
deciding about the field, what question does the student focus on
first?
in a secure place at home - correct answers✅to make sure you
will always remember your ATM card personal identification
number(PIN) you write the pin and keep it where?
, WISE TEST REVIEW PF Exam Question
And Answers 2024
salaries, wages and tips - correct answers✅the primary sources
of income for most people between 20 and 35 who are not living
on a pension or social security:
the person is better off financially - correct answers✅a person's
debt ratio shows the relationship between debt and net worth. If
the ratio is low, it means what?
a budget variance - correct answers✅a man budgeted $200 a
month for clothing. this month the man spent $150 on clothing,
therefore that budget item is considered to have what?
the capital gains on the investment will be taxed at a lower rate -
correct answers✅one of the benefits of holding an investment
for over a year, rather than selling it in less than a year is what?
the government imposes an excise tax on the cigarettes - correct
answers✅one of the reasons cigarettes are so expensive is
because???
the total amount of money contributed plus investment earnings -
correct answers✅a company offers a defined contribution
pension to their employees. upon retirement the employees
receives what?
more of the same stock - correct answers✅A person owns a
stock that pays a $2.00 a share dividend. If the person chooses to
reinvest that dividend, this means that the $2.00 will go toward
buying what?
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