H&R block budget quiz 3 UPDATED
ACTUAL Exam Questions and CORRECT
Answers
In what way is a gas station credit card different than a bank credit card? - CORRECT
ANSWER - Gas station cards only work at those gas stations.
What is the most important consideration if using financial or shopping apps on a mobile device?
- CORRECT ANSWER - Have a strong password or security feature to log into the device
itself.
Which is a sign that identity theft has taken place? - CORRECT ANSWER - noticing
account withdrawals you don't remember making
David is reviewing his credit card account online and notices charges that he did not make.
Besides contacting the credit card company what else should he do? - CORRECT
ANSWER - Change his login and PIN for this and all other accounts.
Which is true when it comes to your Social Security number? - CORRECT ANSWER - It
should not be printed on checks or used as a login.
When should a consumer file a fraud alert with the credit bureaus? - CORRECT
ANSWER - Any time they suspect they have been a victim of identity theft.
What type of identity theft does "phishing" refer to? - CORRECT ANSWER - stealing
identity by posing as a credit card company or bank
Which is true about filing a fraud alert with the credit bureaus? - CORRECT ANSWER -
There is no charge for filing a fraud alert with the bureaus.
ACTUAL Exam Questions and CORRECT
Answers
In what way is a gas station credit card different than a bank credit card? - CORRECT
ANSWER - Gas station cards only work at those gas stations.
What is the most important consideration if using financial or shopping apps on a mobile device?
- CORRECT ANSWER - Have a strong password or security feature to log into the device
itself.
Which is a sign that identity theft has taken place? - CORRECT ANSWER - noticing
account withdrawals you don't remember making
David is reviewing his credit card account online and notices charges that he did not make.
Besides contacting the credit card company what else should he do? - CORRECT
ANSWER - Change his login and PIN for this and all other accounts.
Which is true when it comes to your Social Security number? - CORRECT ANSWER - It
should not be printed on checks or used as a login.
When should a consumer file a fraud alert with the credit bureaus? - CORRECT
ANSWER - Any time they suspect they have been a victim of identity theft.
What type of identity theft does "phishing" refer to? - CORRECT ANSWER - stealing
identity by posing as a credit card company or bank
Which is true about filing a fraud alert with the credit bureaus? - CORRECT ANSWER -
There is no charge for filing a fraud alert with the bureaus.
