a. Emma is more prepared to meet her basic needs. a. post-secondary education II and IV are governmental; I and III are not. $10 per year until the loan is paid off. a. two books for $29.95 each Which type of bank is most likely the best option for her needs? Are the buying and selling of stocks centralized activities? The interest rate this person pays on a $150,000 loan is 11%, compounded monthly. a. A high-risk investment is characterized by II and III b. are always less expensive than using a credit card Which questions should Lakesha answer before making her decision? to determine the customer's income income Moreover, cooperation among employees is better in a harmonious work environment. $3000 monthly line of credit b. Alan's lifetime income includes his salary and retirement benefits. c. getting small amounts of money to use immediately c. to determine if he needs a credit card Transcribed image text: Question 16 Which of these statements best describes management concerns about benefits? Why is compound interest preferable to simple interest? Which details apply to a financing contract? b. Which statement describes an hourly wage job? d. Simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal. c. It's important to keep accurate records. $29.90 Visit the websites of all of the companies to learn more about them. d. when the consumer buys more than is needed, d. when the consumer buys more than is needed, Which transactions can increase the balance in a checking account? How much does Tyrell pay in additional interest each month? She should research the cost of living of different locations to compare against the offered salaries. a. could change. Engineer: design, plan, or manage a system such as machines, computers, or roads. a. having a checking account I and II a. utilities Place your old bank statements in the recycle bin. The loan had a principal of $4,850, an interest rate of 6.5% compounded monthly, and a duration of ten years. c. It will be harder to secure a new loan at a low rate. Jenika has the cashier run her debit card as a credit purchase, rather than debit, to avoid having to enter her PIN. It will be harder to buy a house because it affects your credit history. c. salary Which type of account is most suitable for Sofia's needs? An index measures the performance of a single stock. Kendrick is planning to buy a house. He will be able to get a higher interest rate when buying the house. 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. b. amount budgeted a. Which statement best describes how an investor makes money off debt? Freya realizes she does not have enough in her bank account to use the debit card. Personal loans offer lump sums of money, while credit cards set a maximum amount a person can borrow. 456,976,000 b. Better Business Bureau What does purchasing insurance for a business reveal about the business owner's attitude toward financial risk? The statement about employee benefits is true will be: Most companies offer health insurance Health insurance is an insurance coverage that help to cover a person medical costs. The 25% discount is better; it saves $75 more. c. calculating the interest owed on a savings account He will need to get a car loan. d. maintenance, Which is a kind of federal payroll tax? b. payroll taxes. Check all that apply. In order to complete a FAFSA, you must submit information about grades (blank 2) When making a decision about housing, the first step should be d. She must check her credit history. b. b. the person's credit rating d. Click the card to flip Definition 1 / 39 b What should she consider in this process? b. warranties can be very limited Get information. Select three options. d. Find out the cost of living for the job locations, and compare them against the offered salaries. If Reg makes a monthly payment of $773.89, which of the following was his down payment? Which are common types of bonds that are currently issued? b. Check all that apply. c. low down payment d. proof that she is a student e. proof of her address might go down. b. income d. The career is growing and will provide fewer opportunities over time. Which describes a set amount of pay received by a worker over the course of a year? the profitable sale of shares. He will get the house for a lower price. Which statement best describes the lesson we can learn from Lupe's experience? an inquiry from a bank that requested the person's credit report. Retirement benefits, such as pensions c. Postemployment life insurance d. Long-term disability benefits b These are employee benefits which are payable after completion of employment. use large amounts of credit at once. After reviewing her well-kept records, she cannot find anything that is incorrect. She also wants to use the money in her account to pay for her expenses. c. a. if you need access to your cash quickly Which statement best describes benefits for full-time versus part-time employees in Canada? Which explains why Jacob might examine his credit report? You can specify conditions of storing and accessing cookies in your browser. wages and salaries, annual leave), post-employment benefits such as retirement benefits, other long-term benefits (e.g. c. $500,000 Which statement describes an hourly wage job? d. to know how much money she has for budgeting, d. to know how much money she has for budgeting. Seek the help of the Department of HHS. e. She must make sure she will be able to make the monthly payments. 4 percent a. $71.37 b. d. filing for bankruptcy, Which expense is a bank least likely to extend a line of credit for? b. to determine how much she needs to earn superior prospects for short-term gains. Jared can work in groups at school and likes to help plan events like class parties and dances. You may obtain information about these programs by visiting the Workplace Safety & Health page. a. the right to be heard and the right to choose $3,035 employment and race. a. Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower. a. Daniel wants to buy a laptop computer, and he has $300 in savings. c. $412.79 The issuer may not make a profit. Emily is deciding whether to buy the same designer jacket her friends have. d. the career's employee benefits. Is she buying at the right time? $4,547.02 II and III are governmental; I and IV are not. Jared would like a career with regular hours. c. The auditor provides audit b. I, II, and III, Olivia has taken out a $13,100 unsubsidized Stafford loan to pay for her college education. d. You do not have to share banking information. $18,162.24. Someone buys a new boat with a loan from a boat dealer. Payment options for voluntary benefits include: 100% employee-paid; Partially funded by both employee and employer I. Perkins loan a. Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower. are often forced to sell their homes after the first year. Check all that apply. Use the credit card with the highest interest rate. b. employee benefits the ability to make a profit from owning stock. place of birth, Koshi creates a password as follows: $3,426.20 to pay interest if he does not pay in full by a certain date, to receive a bill at a later date b. high school diploma The benefits are subject to income tax withholding and employment taxes. b. credit scores increase as equity increases. c. a. B) It is enforced by the Center for Medicare and Medicaid Services. a. skimming The total of all deductions from her paycheck will be 25% of the gross pay. 811,200, A 6 character computer password is made up of 4 numbers followed by 2 letters. Which of the following best explains this statement? The loan had a duration of ten years and an interest rate of 7.1%, compounded monthly. She plans to graduate in four years. medical and dental coverage. She should research the benefits included in each offer. c. She must check to see if any automatic payments are scheduled for her account. Which would be the best action for Karina to take? b. gathering information on available housing. She should research the benefits included in each offer. d. corporate taxes. a greater percentage chance of loss. What is meant by the "right to redress"? Which best describes the role that government and business play in investments? 358,800,000 They can be powerful and attractive elements of the overall employee value proposition for a job opening. $10,393.82 Check all that apply. b. if you are saving each month for a new car $10.00 c. a. one already has enough savings. Compound interest is paid by the week or by the month, not only once during a year. In determining whether to issue a loan, banks are not allowed to ask about an applicant's c. The point at which it is no longer advantageous to buy in bulk is known as marginal Thus, the correct answer is D. $90 a. c. federal loans must be paid back more quickly than private loans. b. headphones for $29.99 and a portable speaker set for $30.95 $7,353.80 Buying a new car can create a financial challenge because a. doctor in a clinic that serves a low-income population What is not a potential risk of purchasing a used car? a. I and II 1,000 b. checking account an unpaid utility bill that has been given to a collection agency Which is the better choice, and what is the extra amount saved? An index measures economic trends. country of origin. $25,000 a. Carry all your passwords in your wallet or purse. Mandatory benefits, also known as statutory benefits, are benefits that employers are required by law to provide to their employees. one-week payday loan for $350 a. Sales tax is calculated by multiplying the price of an item by the (blank), If a home is valued at $250,000 and the property tax rate is 2 percent, how much will the owners pay in property taxes? d. requires a signature for rent-to-own agreements. Over 20 years, what will be the difference between their incomes? b. d. professional photographer for special events Yarin determined the federal income tax he owes is $115. b. 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. d. expenses An investor makes money by being repaid for the principal. Prices follow economic trends. a. Which statements apply to leasing a car? income and location. A monthly fixed rate mortgage payment b. e. Can I pay at least the minimum payment each month? What must Shondra consider before she decides to pay with automatic withdrawals? True b. b. employee benefits The car had a list price of $22,499, and he was responsible for 7.96% sales tax, a $2,138 vehicle registration fee, and a $262 documentation fee. d. Review the pros and cons of the different available computers. assets $25 per year until the loan is paid off. an inquiry from a bank that requested the person's credit report An index measures growth. d. $46.41. the increased value of an asset. f. early retirement, a. post-secondary education Most students aren't responsible enough to know much about any type of loans, so a co-signer is there to make sure everything is secure. On-the-job training is usually paid for by the worker. $31,337.27. 810,000 often pay a lower interest rate during the first few years. On-the-job training takes two or more years. d. Yuri must check his credit card balance. Tuition is federal money awarded to a student. The FAFSA can help students obtain (blank 3), 1. financial aid eligibility b. Speak to their corporate consumer department. a. lower up-front costs d. Store B has the same rug for $46 and is offering a $10 off coupon. There is never a sure way to predict the likelihood of success. Which information can be found on a person's credit report? c. Yuri must be sure he has enough left in his checking account for any expenses and automatic payments. What is a benefit of obtaining a personal loan? What is the difference in the finance charges for the two choices? Fido decides to wait for a few months until his credit history improves. $496,700, Brandon owes his brother $120. c. The car may be driven as much as needed. d. Check her records against her bank statement. It shows that the owner expects financial risk and is eliminating it by making an insurance company liable. b. c. It's important to keep accurate records. c. how much has been withheld for taxes, Which describes a type of tax that funds city programs? to have the full amount available in his bank account right away c. A student loan is a form of financial aid, but a scholarship is not. Which factor might have a strong impact on her career decisions? She receives job offers from different companies. a. income There will be a late fee added to the bill. How much should Georgia pay in federal income tax this year? d. when a property was purchased. a. the person's credit rating c. the total housing or rent payments. a. careful consideration of short-term goals b. recording the number of assets you currently own c. creating a budget to consider future income and spending d. learning more about different kinds of accounts to manage money e. learning about opportunity cost a. careful consideration of short-term goals 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? Which list could Quincy have written? $1.80 IAS 19 Employee Benefits (amended 2011) outlines the accounting requirements for employee benefits, including short-term benefits (e.g. Borrowers choosing an adjustable-rate mortgage c. local medicare tax. c. Shona can afford the rug in store B. Which career choices might he enjoy? Check all that apply. $200 per month for 4 years. What will she need to do this? Jerome likes to take stuff apart and then rebuild it. corporate bonds 333,135,504 She must be sure there is at least $135 in her bank account for the purchase. a. Has she compared prices? to determine if the customer is a likeable person c. Julio is not correct because the same item cannot represent both an asset and a liability. a. True b. c. Aircraft inspector: inspect, plan, and oversee repairs on aircraft; may also need to design parts as repair methods that meet standards. a. Julio says that in this situation, his asset is really only $45,000. a. $20 per year until the loan is paid off. Emma lives on a tight budget. d. If letters cannot be repeated and the password must end with a number, how many possibilities are there? the success of individual companies. d. e. Can I pay at least the minimum payment each month? d. b. b. Which step in the decision process should Marlene take? c. A grant is money borrowed by a student to pay for an education that will need to be repaid. Listed below are websites for specific employee groups who are covered under the relevant statutes and regulations by mitigating the financial burden resulting from workplace injury. b. a loan given for a short period of time that is not dependent on credit history b. c. includes interest rate information explaining that she has many outstanding loans Checking accounts allow convenient ways to deposit or withdraw funds. Which statement is true about her method of payment? $2,800, Tyrell has a bankruptcy on his credit report and therefore pays higher interest rates on his current loans. A mortgage is a legal agreement between a borrower and a -career outlook. c. improvements to a home She should check her own records to see if she made a mistake. a. a money market account 175,760 unsubsidized Stafford loan An index measures market performance. d. vocational training throughout career. b. community colleges Which statement best explains a grant? not benefitting from insurance deductibles $29,481.08 the distribution of earnings to shareholders. a. Companies know that people will be willing to spend more to get an in-demand product.