Harris is concerned about the effects of inflation on his investment returns. Whats Inflation?

The rise of general level of prices

Which is an act of identity theft?

Wrongfully acquiring and using someone's personal info

Which is a general rule when dealing with credit reports to minimize identity theft

Check each credit report at least once per year

Carson's wallet has been stolen. Which is not something an identity theft might do?

Take a college admissions exam in Carson's name

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Personal Finance/Renee

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Questions 10

Answers

1
Harris is concerned about the effects of inflation on his investment returns. Whats Inflation?
the number of times something happens to money
The projected value of an investment
the uncertainty about the return on an investment
The rise of general level of prices
2
Which is an act of identity theft?
Having the same name
Receiving permission to use a parents credit card
Taking the identity of another
Wrongfully acquiring and using someone's personal info
3
It is recommended that life insurance be purchased when the :
Individual has dependents
Individual gets their first job
Individual files in an airplane
Individual reaches the age of 50
4
Chris wants to decrease the risk of Fraudulent. Which strategy would be most effective?
Using credit cards for all her purchases
Carrying all credit cards in her wallet
Signing the back of her card
Giving account numbers over the phone
5
Conner wants to purchase stocks with the money he received. Who can he contact?
The New York Exchange
A brokerage firm
A real estate agent
Complete it on his own
6
Matt wants to guard his personal information. Which personal information is least likely?
Drivers license number
Credit card numbers
Phone numbers
Bank account numbers
7
Which action will not make an individual vulnerable to identity theft
Using a computer
throwing mail in the garbage
paying cash for a movie ticket
8
Ashley plans to do some of her Christmas shopping online . What is a safety tip to follow up?
Shred all sales receipts
Use a Debit card
Use a Credit card
9
Which is a general rule when dealing with credit reports to minimize identity theft
Keep credit reports in an easily accessible location
Check each credit report at least once per year
Wait 60 days before disputing any wrong info
10
Carson's wallet has been stolen. Which is not something an identity theft might do?
Take a college admissions exam in Carson's name
Use Carson's name during arrest
Rent an apartment under Carson's name
Make purchases with Carson's credit card

Personal Finance/Renee Flashcards | StudBud