Mr. Porzio's WISE Students

Used instead of currency while traveling; considered very safe; usually issued by banks.

A _____________ is the difference between the budgeted amount of expense and the actual amount.

The Commonwealth of Virginia's motto is SIC SEMPER TYRANNIS, which translated means:

Contributions to a Traditional IRA are beneficial because they lower your taxable income.

Collateral, a collateralized loan, and a secured loan, all mean that the loan:

An example of an uncollateralized loan (an unsecured loan) would be a(n):

Which of the following provides an increase in assets or wealth?

This dog, bred from a Dachshund and a Chihuahua, is known as a Chiweenie or a 

The number of years required to double your money at a given interest rate is known as 

The Federal Reserve's (the Fed's) control of the money supply in order to grow the economy is

Management position responsible for supervising the quality of accounting/finance for a company

_____ is the total assets minus total outside liabilities(debts) of an individual or a company.

A type of electronic funds transfer (EFT) is:

Open-end credit, such as a credit card or a department store charge card, is also known as

Government adjusts spending levels and tax rates to monitor and influence a nation's economy. 

Free association 

 Goals:

A government commission created by Congress to regulate the securities (stock) markets. 

The annual rate that is charged for borrowing money over the term of a loan is known as:

Expenditures that remain constant from one time period to another are:

Taxes paid when purchases are made on a specific good, such as gasoline and cigarettes.

Linwood invested $10,000 and receives 3.85% interest yearly. When will money double in value?

Financial planning is important because it helps you to:

If Pete owes creditors $10,000 but has a net worth of $120,000, Pete has a:

Closed-end credit, such as a mortgage or car loan, is also known as 

The full range of metal money (penny, nickel, dime, quarter, half dollar, and dollar)  

Who said, "Resistance to tyrants is obedience to God."