Careers Final Review-2024

Why does an unsecured loan have a higher interest rate than a secured loan?

Which form of promotion would be most effective at correcting a damaged business reputation?

What is consumer demand?

Which is the primary factor taken into consideration during distribution of grants and loans among eligible students?

Which of the following is a duty of a personal finance manager?

High risk loans are loans given to consumers with bad credit

What measures the change in prices of a basket of goods and services in a given year?

The demand curve is _______ sloping.

Which spreadsheet tools can read this sheet and export to xlsx format?

Andrew was in a car accident, he went to the hospital. He paid nothing. What type of insurance did he have?

Your choice of profession is factored into your credit score.

One benefit of a 401K plan over an IRA is the employer's contribution.

Aaron and Donald sign a written contract; Aaron agrees to supply materials to Donald in return for set fees for one year

When deciding which of the two items to purchase, one should always:

What are high risk loans?

Christie makes changes to her budget monthly. What is her reason for doing this in terms of smart financial planning?

Your credit score is like your shadow, it follows you throughout your life.

Chris is unable to find good chefs for her restaurant. Which type of resource is she lacking?

Which of the following is the primary function of insurance?

Elena wants to open a Chinese restaurant. She is unable to find good chefs. Which type of resource is Elena lacking?

What happens if you fail to pay your annual taxes?

What is home equity?

Who would Ben file a complaint to for inappropriate use of the money he gave them to invest?

What type of income is received through rent?

What is a minimum balance when it comes to account requirement?

What is the residual value of a leased vehicle?

What is brand awareness?

What is online bill payment?

The first step in financial planning is understanding what you want

setting up a budget can help you attain your financial goals

One alternative to going to a 4 year college would be____

What is the economic term used for sustained increase in the price of goods and services?

To transfer a credit from HS to college means that the institution will accept the completed credit.

When does a student need to file the FAFSA?

Not using offensive language is essential to proper netiquette.

It is important to have a good credit score, because your credit history follows you like a shadow throughout your life. 

What is collateral?