Financial Management using Software Final Exam

Question 1

True or False The Maryland Chamber of Commerce helps businesses grow through networking, policy advocacy, and resources.

Accepted Answer

True

Question 2

True or False: Life Insurance doesn't protect you.

Accepted Answer

False

Question 3

What is a personal budget?

Accepted Answer

A way to plan your income, expenses, and savings.

Question 4

True or False: Rocket money is a bad way to manage your money and save.

Accepted Answer

False

Question 5

True or false: When using credit you don't have to use it responsibly.

Accepted Answer

False

Question 6

What is an Emergency Fund?

Accepted Answer

Funds for things that are unexpected.

Question 7

True or False: Confirmation bias disregards views that aren't a part of your beliefs.

Accepted Answer

True

Question 8

True or False: Software Development, Cybersecurity, and Data Science are not fields where black people in tech work.

Accepted Answer

False

Question 9

True or False: 401k is a savings plan that is offered by employers.

Accepted Answer

True

Question 10

What is Business Credit?

Accepted Answer

A type of credit that allows you to get loans and credit cards.

Question 11

True or False: System Software, Application Software, and Utility Software are all types of software used in business.

Accepted Answer

True

Question 12

True or False: You shouldn't open a savings account as a teen.

Accepted Answer

False

Question 13

True or False: An LLC is a type of business.

Accepted Answer

True

Question 14

True or False: A resume includes contact info, education, work/volunteer experience, and skills.

Accepted Answer

True

Question 15

True or false: Federal Law mandates that people who work overtime are paid 1.5x their regular pay.

Accepted Answer

True

Question 16

True or False: FAFSA is a way to pay for school.

Accepted Answer

True

Questions 16