1. Which of the following risks can a person cover by having insurance to protect against financial loss?

2. When selecting a financial planner for advice, it is important to know the

3. Which of the following is an example of how a stock may provide income?

4. A person has three credit cards with a total of $15,000 owed and a credit score of 500. She does not have a savings account and wants to improve her credit score and decrease her debt. What is the first thing she should do to address her problem?

5. When an employee is vested in his retirement plan, it means that the employee is now entitled to

6. Which of the following is an important benefit of long-term investing in the stock market?

7. Read the information below about the profiles of individuals regarding their federal income tax Mr. Chu - Married with two children, contributes to a retirement plan Mr. Ortiz - Single, age 35, rents an apartment Ms. Lalio - Single, age 58, contributes to a Roth IRA Ms. Feldman - Married, no children, rents a house. Which person listed above is likely to have the greatest number of payroll tax exemptions which lowers taxable income?

8. Which of the following factors, other than job performance, will result in higher wages being given to many workers?

9. 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?

10. People in the U.S. spend 5.5% of their income on food consumed in the home and spend 4.5% of their income on food outside of the home. What does this say about how they spend their money?

11. What strategy is an effective way to build adequate financial resources for a family to pay for college tuition?

12. Anthony's friend Donald asks to borrow Anthony's computer for the weekend while Donald's computer is being repaired. What is most important for Anthony to consider before allowing Donald to borrow the computer?

13. Based on the information on this card, it is

14. When people invest money in stocks, bonds, or real estate, they are

15. Which of the following terms is correctly matched?

16. The purpose of long-term care insurance policies is to pay for

17. Negative or inaccurate information on a person's credit report will make it difficult for a person to

18. To reduce the cost of homeowners or renters insurance, policy holders should

19. Which of the following types of personal information should never be sent in an email or text message?

20. A neighborhood restaurant wants to add a place for outdoor dining. In order to do this, the owners need a loan of $50,000. Which of the following can influence getting a new loan approved?

21. What kind of insurance is extremely important for a single 25-year-old person to buy?

22. Which of the following is included in a standard homeowners or renters policy?

23. Which of the following government programs would provide partial income to support someone who is permanently disabled?

24. Review the following information on financing a new car that costs $25,000 with a 48-month (four year) loan.
Person Down payment Bank Loan Dealer Loan Monthly Payment
25 Year old Male $5,000 5% $460
30 Year old Female $5,000 6% $470 The 30-year-old female's monthly payment of $470 is more than the 25-year-old male's monthly payment of $460 because of the

25. Which of the following people can take the greatest amount of investment risk?