Everfi module 1 6 - Study guides, Class notes & Summaries
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EVERFI Module 3 Budgeting Test Questions and Answers
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EVERFI Module 3 Budgeting Test 
Questions and Answers 
1. Which of the following is NOT a good way to track your spending? 
- In your head 
- Notebook and pencil 
- Envelope method 
- Online software or app: 
Answer: In your head 
2. What should be considered when setting a budget?: Answer: Needs, wants, 
and savings 
3. Which choice or choices best describes the purpose of an emergency fund? 
- An emergency fund prepares you for unexpected expenses. 
- An emergency fund keeps you from...
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EverFi module 1-6 (business finance) questions and answers graded A
- Exam (elaborations) • 14 pages • 2023
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which of the following is NOT a common feature of a financial institution? access to 
investment products, investment trading, access to investment advice 
which of the following statements about check cashing companies is TRUE? they charge 
high fees 
which of the following financial institutions typically have the highest fees? check cashing 
and payday loan companies 
which of the following statements about check cashing companies is FALSE? they charge 
low fees 
which type of bank account ty...
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EverFi module 1-6 (business finance) questions and answers graded A
- Exam (elaborations) • 14 pages • 2023
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which of the following is NOT a common feature of a financial institution? access to 
investment products, investment trading, access to investment advice 
which of the following statements about check cashing companies is TRUE? they charge 
high fees 
which of the following financial institutions typically have the highest fees? check cashing 
and payday loan companies 
which of the following statements about check cashing companies is FALSE? they charge 
low fees 
which type of bank account ty...
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everfi module 1-6 (business finance)
- Exam (elaborations) • 6 pages • 2023
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which of the following is NOT a common feature of a financial institution? - Answer- access to investment products, investment trading, access to investment advice 
 
which of the following statements about check cashing companies is TRUE? - Answer- they charge high fees 
 
which of the following financial institutions typically have the highest fees? - Answer- check cashing and payday loan companies 
 
which of the following statements about check cashing companies is FALSE? - Answer- they char...
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Everfi module 1-6 (business finance) Tests_ Answered/updated 2023.
- Exam (elaborations) • 7 pages • 2024
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Everfi module 1-6 (business finance) Tests_ Answered/updated 2023. 
 
 
which of the following is NOT a common feature of a financial institution? 
access to investment products, investment trading, access to investment advice 
which of the following statements about check cashing companies is TRUE? 
they charge high fees 
which of the following financial institutions typically have the highest fees? 
check cashing and payday loan companies 
which of the following statements about check cashing ...
Too much month left at the end of the money?
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Everfi module 1-6 (business finance) Tests_ Answered/updated 2023.
- Exam (elaborations) • 7 pages • 2023
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- $5.59
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Everfi module 1-6 (business finance) Tests_ Answered/updated 2023. 
 
 
which of the following is NOT a common feature of a financial institution? 
access to investment products, investment trading, access to investment advice 
which of the following statements about check cashing companies is TRUE? 
they charge high fees 
which of the following financial institutions typically have the highest fees? 
check cashing and payday loan companies 
which of the following statements about check cashing ...
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Everfi Module 1 to 6 (Business Finance) (Test Bank Practice Quiz All Correct Answers)
- Exam (elaborations) • 15 pages • 2023
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Everfi Module 1 to 6 (Business Finance) (Test Bank Practice Quiz All Correct Answers)
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Everfi Module 1-6 Tests Questions and Answers (Business Finance) 2023
- Exam (elaborations) • 12 pages • 2023
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Everfi Module 1-6 Tests Questions and Answers (Business Finance)
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Everfi module 1-6 (business finance) study pack solution pack 2023| Questions and answers|
- Exam (elaborations) • 8 pages • 2023
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Everfi module 1-6 (business finance) study pack solution pack 2023| Questions and answers| 
How would you reconcile your bank account to avoid spending more than you have? 
compare your own records of your spending with your financial institution's records 
What should you do before you withdraw money from the ATM? 
inspect the ATM to make sure it wasn't tampered with 
What should you do before you approach an ATM? 
check for any suspicious people lurking nearby 
What should you do before you ...
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Everfi Module 1-6 (Business Finance)
- Other • 6 pages • 2022
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Everfi Module 1-6 (Business Finance) 
 
Everfi Module 1-6 (Business Finance) 
 
Everfi Module 1-6 (Business Finance)
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