Finance Test Questions in Class
False: You should itemize deduction when total itemized l deduction are less than
standard deduction (more than)
True: Financial is a lifelong process
True: For most people working in large firms employees benefits are an i
Which of the following loan sources is the most expensive?
o Consumer finance companies
Only stocks can be used as collateral for an installment loan
A single-payment loan:
o Usually matures in one year or less
When the simple interest method is
1. Which of the following is true of a licensed insurance agent?
A licensed insurance agent always offers insurance coverage at additional discount.
A licensed insurance agent always provides the best insurance covera
1. The behavioral bias in which people tend to rely unduly on past prices and estimates is
referred to as:
personal property .
2. A captive insurance agent:
1. Which of the following best describes a custodial care facility?
A custodial care facility is a place that provides assistance in the normal activities of daily
living, but not medical attention or supervision.