University:
University of Central Missouri
Course:
FIN 1820 | Personal Finance
Academic year:

2023
Views:

167

Pages:

1
Author:

destoutrosd

lOMoARcPSD|23780900 Finance Lesson 1 If you have to decide to claim a credit or deduction on your taxes which should you take? Claim all deductions and credits that you are eligible for since they both can reduce your taxes. When preparing your taxes, what can possibly help reduce the amount of taxes that you owe? Credits and deductions Your salary is one thing to consider when reviewing a job offer but benefits are also important. Which of the following would NOT be a part of your benefits package? Free technology equipment Your salary is one thing to consider when reviewing a job offer but benefits are also important. Which of the following would NOT be a part of your benefits package? FICA Healthcare, paid time off, disability insurance, and matching contributions to a retirement account are all types of _________ available from your employer. benefits Which of the following is NOT a common feature of a financial institution? Access to investment products Investment trading Access to investment advice Which of the following statements about check cashing companies is TRUE? They charge high fees. Which of the following financial institutions typically have the highest fees? Check cashing and payday loan companies Which of the following statements about check cashing companies is FALSE? They charge low fees. Which type of bank account typically offers the least (if any) interest? Checking account Savings accounts typically offer more interest than what type of account? Checking account Which type of bank account is best for everyday transactions? Checking Account

Personal Finance Study Note

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