Home > CompTIA A+ Exam > Quizzes > Personal Finance Literacy Exam 8
Personal Finance Literacy Exam 8
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 33% Most missed: “The terms 'job' and 'career' are often used interchangeably. However, there is a…”
Personal Finance Literacy Exam 8
Time left 00:00
25 Questions

1. A woman parked her car and went shopping. When she returned she discovered that her car was damaged while it was parked. When filing a claim, what does she have to provide to her insurance company?
2. An example of a tax that raises the price of a product to reduce its popularity is
3. Which of the following people can take the greatest amount of investment risk?
4. Which of the following is likely to DECREASE the auto insurance premium on a policy?
5. Four friends each deposited $1,000 in a savings account at their local bank on the same day. After two years, from the date of deposit, the friend who had the most amount of money is the one whose bank compounded interest
6. When a consumer is disappointed with the quality of a product purchased, which of the following should the person try to do first?
7. Which of the following can cause a person to become a victim of consumer fraud?
8. The Federal Trade Commission provides information to consumers about
9. The result of 4% inflation on the value of money when bank interest rates are 2% is that
10. A highly successful high school student applied to public and private colleges and he was accepted to all of them, including one very prestigious university. The tuition at these colleges ranges from $15,000 to $55,000 a year. His mother lost her job. What is the first thing the family should do to address this situation?
11. Which of the following is included when determining a person's net worth?
12. A person's credit report includes his
13. Based on the information on this card, it is
14. Which of the following factors, other than job performance, will result in higher wages being given to many workers?
15. The ten-year-old boy has more money in his savings account because the money was deposited
16. What is the difference between a stock and a bond?
17. Entrepreneurs who start a new business with the hope of making a profit are
18. Which of the following federal laws protects borrowers?
19. 'I pay my credit card bill in full five-to-seven days before the due date each month!' Someone who does this is likely to have
20. When an employee is vested in his retirement plan, it means that the employee is now entitled to
21. The purpose of bankruptcy laws is to
22. Which of the following is an example of how a stock may provide income?
23. Negative or inaccurate information on a person's credit report will make it difficult for a person to
24. The terms 'job' and 'career' are often used interchangeably. However, there is a major difference in the meaning of the terms. A career is characterized as
25. One way that leads a person to earn additional income is for the person to