Banzai human services Test 2023
Why should you stay away from borrowing up to your credit limit? - ANSWER Because it reflects poorly on your credit score. How do you prevent identity fraud? - ANSWER You can't always, but you can regularly check your credit report to look for unusual or unfamiliar activity. Which of the following deductions are you most likely to see on your pay stub? - ANSWER Social Security deduction. What is the main purpose of the double accounting method? - ANSWER To record every transaction twice, reflecting a debit or a credit to accounts, which will balance your budget. Which of the following is considered a positive entry on your credit report? - ANSWER You paid your credit card bill before the due date. What's a "hard inquiry"? - ANSWER Any time a financial institution requests your credit report for the purpose of extending more credit. Which of the following is the most likely to appear on your credit report? - ANSWER An unpaid parking ticket that went to collections. What is a debt-to-income ratio? - ANSWER All of the above. You carry liability coverage on your car and crash into a fence post. Are you covered? - ANSWER Nope.
Información del documento
- Subido en
- 10 de enero de 2024
- Número de páginas
- 3
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
