This table compares the requirements for a career as an athletic trainer or an air traffic controller.
A student who is interested in becoming an air traffic controller will make
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more money than an athletic trainer but will have a harder time finding a job.
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Through the successful study of personal finance, an individual will be
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better prepared for potential problems.
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Credit unions differ from retail banks because they are
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owned by their members.
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Which is an example of a financial change that would require budgetary consideration?
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purchasing furniture
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Which are considered types of credit available to borrowers? Check all that apply.
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personal loans
credit cards
mortgages
auto loans
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Companies report people to credit agencies if they
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fail to pay their bills on time.
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Why were savings and loans (S&Ls) originally established?
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to help people buy homes
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Look at the table below showing an example of a checkbook ledger.
Adrienne has several receipts from recent transactions that she entered in her records. The receipts include an ATM receipt for a $60.00 withdrawal (plus a $2.00 transaction fee), a grocery store receipt for $32.50, and a $1,200 paycheck deposit slip.
When she finishes entering her transactions, Adrienne realizes that her balance is incorrect. Assuming that Adrienne's beginning account balance was $320.00, why is her balance incorrect?
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Adrienne did not enter her ATM withdrawal correctly.
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The image shows a sales receipt.
Based on the receipt, what is the sales tax rate in Sacramento, California?
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8.5 percent
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What term is used to describe an individual's money and personal property?
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assets
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Which describes a type of tax that people pay on money they earn?
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income tax
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Which living expense needs to be included in the budget of someone renting an apartment?
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insurance
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Which of these qualify as variable expenses? Check all that apply.
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clothing purchases
monthly groceries
medical prescriptions
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Which is a kind of federal payroll tax?
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medicare tax
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A___ form must be filled out when someone is hired for a job to determine how much income tax will be withheld.
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W-4
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