OCS EPF Questions Exam Review Game (1-5)

Name given to people who are experts in a certain field that use social media to educate others:

The best estimate of revenue & expenditures to help guide financial choices in a future period is called:

An advantage of Federal student loans is:

3 sections in a paycheck are: amount paid; amount of deductions, and __.

A __ is a short-term financial plan for managing your money based on your income and expenses.

__ is the setting aside for a purchase in the near future through savings accounts, money market accounts, etc.

Which type of mortgage will not change over time?

In order to be paid automatically by your employer, you must give them a voided check. This is called:

Overall name for forms of electronic communication through which users create online communities to share info & ideas:

What type of expense is your water bill?

In economics, when a buyer agrees to a price & pays a seller that price for a good or service:

Shares in the ownership of a company:

This kind of company can provide financial protection during emergencies, such as hurricanes.

This term refers to system of exchange where you directly exchange goods and services; no money is ever used.

What is an example of a fixed cost?

Common form of marketing companies use to connect with potential customers by making phone calls:

The amount of money you have left over after you list your assets and subtract your debt.

FICA (Federal Insurance Contributions Act) supports two core federal programs:

The amount of money needed to cover basics such as housing, food, taxes, & healthcare is called:

In a market economy, who makes economic decisions?

Type of crime when personal or financial info has been compromised and used to commit fraud.

According to the Law of Demand, what happens to demand when price rises?

Name of publication by a nonprofit organization that evaluates products & services and publishes findings:

In-state tuition is __ than out-of-state tuition.

According to the Law of Supply, what happens to supply when price rises?