Checking accounts allow convenient ways to deposit or withdraw funds. He can purchase a new computer for $279 or a refurbished [repaired or renovated] computer for $100. What is the name of this agreement? Bankruptcy stops aggressive action by creditors. Amanda wants to buy a new car. Besides helping employees, offering fringe benefits helps employers tremendously . employment history. a. Credit cards offer lump sums of money, while personal loans set a maximum amount a person can borrow. Tayesha wants to find more information about a career in architecture. right to be heard c. Tuition is money borrowed to pay for an education. Are the buying and selling of stocks centralized activities? $25 per year until the loan is paid off. d. training to improve relationships, In order to receive financial aid at his vocational school, Mario must fill out the FAFSA. Her deductions total $270. $3.00 Which statement best describes how an investor makes money off debt? What are her motivations? a. With a better credit rating, they could have gotten the loan at a rate of 8%. II. She owns a car worth $12,000 and has $7,500 in car loans. b. who lives on a property. b. Fido's decision is sensible because the cost of the car loan should be less if his credit history improves. Simple interest is paid only on the (blank). c. money to start the account to have the full amount available in his bank account right away Fringe benefits include cars and flights on aircraft that the employer provides, free or discounted commercial flights, vacations, discounts on property or services, memberships in country clubs or other social clubs, and tickets to entertainment or sporting events. Has she compared prices? By the time Maria graduates, how much greater will the amount of interest capitalized be than the minimum amount that she could pay to prevent interest capitalization? b. Round all dollar values to the nearest cent. The loan term is four years, and her payments are $819.20 per month. c. $60 a. careful consideration of short-term goals. b. Alan's lifetime income includes his salary and retirement benefits. the person's education level, an unpaid utility bill that has been given to a collection agency Jenika has the cashier run her debit card as a credit purchase, rather than debit, to avoid having to enter her PIN. no grace period b. Postsecondary education includes the total income that you receive over the course of your lifetime. a. post-secondary education a. a. Joaquin should put the money in savings because retirement is expensive and he should have every penny he can. She worked hard to learn as much as she could about her profession. What is not a potential risk of purchasing a used car? $623.25 the state of the economy. d. Review the pros and cons of the different available computers. Byron has calculated that he paid an average of $79.15 per month in additional charges as a result of his bankruptcy. A grant is money awarded to a student, usually based on financial need. the right to be heard and the right to choose the stamp collection and the bank account only Post-employment benefits are employee benefits (other than termination benefits and short-term employee benefits) that are payable after the completion of employment. In which situation would a certificate of deposit (CD) be the best banking choice? e. Can I pay at least the minimum payment each month? the company's financial health d. Postsecondary education includes personal skills and interests. Postemployment employee benefits include all of the following, except a. Postemployment medical care b. d. Engineer: design, plan, or manage a system such as machines, computers, or roads. a. Fringe benefits are generally included in an employee's gross income (there are some exceptions). Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. Which questions should she consider before she buys the jacket? d. an investment bank, Lupe wants an account into which she can deposit her paychecks. c. when bulk items are not on sale anymore Which of the following steps is most effective in protecting yourself from identity theft? 4 percent Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. 3. scholarships and grants. Which statement best describes lifetime income? a. When people take out a mortgage, they must pay back the money Emma lives on a tight budget. d. Yuri must check his credit card balance. b. Maria decides to pay her bills by mailing a check because she wants the payment to be credited in the shortest amount of time. $88,700 These benefits are given for retirement like the life insurance, health insurance which makes the life of employee easier after retirement. Life insurance. Treasury notes, Which factors can affect a stock's price? Credit cards are secured loans for large amounts, while personal loans are unsecured for small purchases. $3,185. a. Which best describes the role that government and business play in investments? b. d. Raj is looking for an investment with a fast return so he can reinvest. a. to help people buy homes d. how much property tax has been paid lower interest and compound interest rates. It enhances the job evaluation process, which in return helps in setting up more realistic and achievable standards. c. submitting an online payment Which statement best explains a grant? Select two options x2 4 = 0 x2 = 4 3x2 + 12 = 0 4x2 = 16 2(x 2)2 = 0. $1,384.00 $55.07 $12,000, A password is 4 characters long and must consist of 3 letters and one number. The Department of Labor's Office of Workers' Compensation Programs (OWCP)administers four major disability compensation programs that provide wage replacement benefits, medical treatment, vocational rehabilitation and other benefits to federal workers or their dependents who are injured at work or who acquire an occupational disease. b. community colleges Check all that apply. The loan had a duration of ten years and an interest rate of 7.1%, compounded monthly. The plans are simple and easy to construct. a. tuition b. c. life-enrichment director and event planner at a retirement home Employees' focus on their work is higher in a harassment free workplace than in a workplace that's riddled with harassment issues. d. One way to revise a budget to meet long-term goals is to (blank) discretionary spending. b) Benefits are considered taxable income to the business. c. property tax Keisha owns a house worth $275,000 with a mortgage of $195,000. Round all dollar values to the nearest cent. number, special character, letter, letter, number Compound interest pays at least double the interest on the principal during each month. Each paycheck is the exact same regardless of number of hours worked. d. to determine the customer's income D. Retirement benefits depend on the individual's account balance. c) Premiums are not deductible to the business. $29.90 a. car insurance rates will decrease over time. Treasury notes Of the four consumer protection groups listed below, identify which groups are government agencies and which are non-governmental. The loan has a duration of 10 years and an interest rate of 6.1%, compounded monthly. Ariel wants to compare the salaries for positions she was offered at two companies. They have a history of not making their payments on time. B. Check all that apply. Jared can work in groups at school and likes to help plan events like class parties and dances. She saves money and also makes intelligent choices when spending it. a. What does reconciling an account involve? Employers may offer a diverse range of other employee benefits including: unlimited holiday; paid or part-paid conference attendance; Christmas parties; concierge services; relaxation apps; free or subsidised staff canteens; and a nap room. The consumer has the right to fair settlement of disputes. d. A password is 4 characters long and must consist of 3 letters and 1 of 10 special characters. d. Check her records against her bank statement. stays the same. $36,490.25. a. a. The Department of Labor has several programs designed to prevent work-related injuries and illnesses. $1,670.30 a. Tamera and Rupert each applied for the same credit card through the same company. Which factor might have a strong impact on her career decisions? the person's yearly income d. maintenance, Which is a kind of federal payroll tax? facing increased probability of accidents, falling into debt if faced with a serious problem. $10 per year until the loan is paid off. He has a $175,000 mortgage. b. Shondra should check her credit history to be sure she has a good credit score. a. $1,750 5,040 a = 2 and b = - 3? b. insurance What will she need to do this? Check all that apply. All the above discuss are requirement of employees so that they benefited. I and II are governmental; III and IV are not. $144.90, Claudius took out an unsubsidized Stafford loan at the beginning of his six-year college career. Select three options. The answer is D. Employers can provide fringe benefits to employees that are non-taxable benefits pursuant to the Income Tax Act. d. They are available to any student who meets lending standards, regardless of financial need. b. Hafsa wants a guaranteed return, and won't need the money for several years. $3,035 How much of a refund can Yarin expect? interest on student loans. The consumer has the right to hear back from businesses that they contact. Check all that apply. No, there are many stock markets around the world, and they are independent of one another. $1,139.76 Prices fluctuate on the basis of demand. c. Borrow more than one can afford to repay. d. Scholarships can be awarded for various reasons, but federal grants are usually based on a student's financial need. the distribution of earnings to shareholders. the stamp collection, the bank account, and the skateboard, the stamp collection, the bank account, and the skateboard, A 7 character computer password is made up of 4 letters followed by 3 numbers. c. Simon bought a computer and made monthly payments. b. the career's average salary She also wants to be able to access her money if the need should arise. Which is an example of closed-end credit? a. a. a. credit that is to be repaid in full by a specific date III and IV are governmental; I and II are not. a. used cars can require repairs sooner d. The loan has a duration of ten years. Enjoli enjoys science and foreign language classes. $2,500 a. Which type of account is most suitable for Sofia's needs? d. His friend Mateo is choosing a career that requires a college degree but has a median salary of $55,000. d. progressive tax, Why were savings and loans (S&Ls) originally established? getting money with special repayment terms Check all that apply. On-the-job training is usually paid for by the worker. Deposit There are other special rules that employers and employees may use to value certain fringe benefits. She will have $1.84 left over. $949.80 The issuer may not raise enough capital. subsidized Stafford loan a. Which is the best description of how a scholarship differs from a federal education grant? c. Shondra should be sure she will have enough in her account to be able to make the monthly payments. b. training to improve one's health What is a benefit of obtaining a personal loan? d. Julio is not correct because the house cannot be worth more than the mortgage. $74,790.37 a greater percentage chance of loss. $1,000 The loan had a duration of ten years and an interest rate of 5.0%, compounded monthly. a. The Department of Labor's Office of Workers' Compensation Programs (OWCP) administers four major disability compensation programs that provide wage replacement benefits, medical treatment, vocational rehabilitation and other benefits to federal workers or their dependents who are injured at work or who acquire an occupational disease. c. It shows that the owner is willing to share ownership of the business to reduce financial risk. $433.88 Rupert has a negative credit history.Which compares their credit limits and likely interest rates? d. Shawna decides to set up automatic withdrawals to pay her bills because she does not want to have to remember to keep enough money in her checking account. Shares are traded. II. d. 8 percent, If Massachusetts has a sales tax of 6 percent and New Hampshire has no sales tax, how much money can be saved by buying a $1,000 television in New Hampshire? IAS 19 Employee Benefits (amended 2011) outlines the accounting requirements for employee benefits, including short-term benefits (e.g. d. They have a history of paying in full each month. See Publication 15-B, Employers' Tax Guide to Fringe Benefits, for more information. getting large amounts of money to use immediately, getting large amounts of money to use immediately. False True Deferred profit-sharing plans tend to be classified as "contributory benefits." a. falling into debt if faced with a serious problem Balance c. She must check to see if any automatic payments are scheduled for her account. income tax returns. Which best describes what financial planning skills ultimately enable an individual to do? a. b. are always less expensive than using a credit card c. $350 per month for 2 years To revise a monthly budget, changes in which categories might need to be addressed? Check all that apply. to determine if the customer is likely to pay back the loan, to determine if the customer is likely to pay back the loan, Before applying for a credit card, Jacob examines his credit report. a. Emma is more prepared to meet her basic needs. She should use a personal blog of an architect since it is a person in the industry. b. doctor partnering with insurance companies to determine covered procedures $225 per month for 3 years a. $21.00 a. An adjustable-rate mortgage is one that I. Perkins loan What is Compensation employees? What is the job outlook for a US postal worker? making sure she has a positive credit history Can I pay at least the minimum payment each month? How much should Georgia pay in federal income tax this year? a. d. It's best to use only one document to track spending. c. previous address, current address, schools attended, bankruptcy a. The benefits are subject to income tax withholding and employment taxes. d. money market account, Lupe is ready to open a checking account. b. gathering information on available housing. c. She must check to see if any automatic payments are scheduled for her account. You may obtain information about these programs by visiting the Workplace Safety & Health page. Has she compared prices? b. Yes, the world's stock markets are coordinated exchanges, and they are dependent on one another. Someone buys a new boat with a loan from a boat dealer. e. There are penalties for ending the lease early. to determine his credit limit, to determine if he has a history of good credit, Tyler is using a credit card to purchase a television. d. b. date of birth 6,561 d. You do not have to share banking information. There is never a sure way to predict the likelihood of success. b. gathering information on available housing. $412.79 Carry all your passwords in your wallet or purse. b. amount budgeted The interest rate this person pays on a $150,000 loan is 11%, compounded monthly. The auditor provides services to employee benefit plans sponsored by governmental entities. In some cases, it is safe to avoid insurance because Capital appreciation refers to d. to determine if he needs a credit card b. d. $29,904.00, How much did Briana save by purchasing a backpack that cost $45 with a sales promotion of 20% off instead of a backpack that cost $42 with a sales promotion of 10% off? $1.80 d. the stability of the government. They are usually given a low interest rate. c. A grant is money borrowed by a student to pay for an education that will need to be repaid. Which answer best describes Alan's lifetime income? a. An investor makes money by earning interest. They last for a set period of time. Lakesha does not have enough in her bank account to use a debit card for the purchase of a bike she needs to get to work. Why is compound interest preferable to simple interest? b. b. a. Most jurisdictions do not legally require firms to have the same benefits for full-time and part-time employees. $1,722.22 $7,353.80 c. The auditor provides audit c. Aircraft inspector: inspect, plan, and oversee repairs on aircraft; may also need to design parts as repair methods that meet standards. d. income from investments a. Julio is correct because the $45,000 equity in the house is the real asset. b. b. d. c. Jonah decides to pay his bill by telephone because he wants to protect his account information. Check all that apply. c. d. medicare tax, If a new shirt costs $34.99 and the sales tax is $2.10, the sales tax rate is d. b. b. a. $200 per month for 4 years. $1,440.06 A refrigerator is priced at $1,250. d. Which describes an example of using unsecured credit? $7,904.04 b. a. d. 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