PERSONAL FINANCE EXAM 100% VERIFIED QUESTIONS AND APPROVED ANSWERS

What iis ian iexpense ithat iyou ican ichoose ito ispend ior ican iadjust? i- iCORRECT iANSWER-flexible What ido iyou igive iup iwhen iyou idecide ito iuse icredit icards? i- iCORRECT iANSWER-You igive iup ithe iability ito ispend iin ithe ifuture iin iorder ito ispend inow You ican icheck iyour icar's ioil ilevel iby ireading iyour icar's? i- iCORRECT iANSWER-Dipstick What iis ithe ihighest ipercentage iof ia ifamily's iincome ispent ion? i- iCORRECT iANSWER-house, icar What iis ia imonthly iexpense icalled ithat iyou ihave ito ipay, ilike iRent? i- iCORRECT iANSWER-fixed What iis ithe iprice ion ia icar's iwindow isometimes ireferred ito ias? i- iCORRECT iANSWER-sticker iprice What iis imeant iwhen ia ifinance icharge iis icalculated ias ia ipercentage iof ithe iamount iborrowed? i- iCORRECT iANSWER-annual ipercentage irate What iis ithe ifederal iagency ithat icollects itaxes iand ienforces itax ilaws? i- iCORRECT iANSWER-IRS Know ithe idifference ibetween igross ipay iand inet ipay? i- iCORRECT iANSWER-Gross ipay iis ibefore ideductions, inet ipay iis iafter ideductions Tell ime ithe iname iof ithe iform ithat ihelps iyou iknow iahead iof itime ihow imuch imoney iwill ibe itaken iout iof iyour icheck iif iyou iclaim iSingle iand i0? i- iCORRECT iANSWER-circular iE Which ilaw iprotects iconsumers iwho ibuy idefective inew icars? i- iCORRECT iANSWER-Lemon iLaw Which itax iform ido imost iyoung ipeople iqualify ito iuse? i- iCORRECT iANSWER-1040 ieZ What iday iare iour itaxes idue? i- iCORRECT iANSWER-April i15 When iyou ifile iyour itaxes, iand iyour iwithheld itax iis imore ithan ithe ischeduled itax ifrom ithe itax itable, iwhat ihappens? i- iCORRECT iANSWER-May ireceive ia irefund ifrom ithe iIRS When ithe idealer ibuys ithe icar ifrom ithe imanufacturer, iwhich iprice idoes ihe ipay? i- iCORRECT iANSWER-Factory iInvoice iPrice Which imonth iwill iyou imost ilikely iget ia igreat ideal ion ia icar? i- iCORRECT iANSWER-November Which imanual itells iyou ihow iyour icar iworks? i- iCORRECT iANSWER-Owner's imanual Why iwould iit ibe iimportant ito icheck ithe iair iin iyour itires ion ia iregular ibasis? i- iCORRECT iANSWER-It isaves iyou igas iand iyour itires iwill ilast ilonger What ishould iyou ido ito ikeep iyour icar iin igood iworking icondition? i- iCORRECT iANSWER-Follow ithe icar's imaintenance ischedule Which itax ido iEmployers iwithhold ifrom iyour ipaycheck? i- iCORRECT iANSWER-Federal iIncome iTax Which iforms ican iyou iget ifrom ithe ipost ioffice ior ionline ito ihelp itaxpayers icalculate itheir itax iobligation? i- iCORRECT iANSWER-1040 iTax iReturn iForms Which iform ido iyou ifill iout iwhen ia icompany ihires iyou, ito ihelp idetermine ihow imuch iincome itax ishould ibe iwithheld? i- iCORRECT iANSWER-W-4 Which itax ibenefits iworkers iand ifamilies ireceive ieither iSocial iSecurity ior iMedicare? i- iCORRECT iANSWER-FICA If iyou iwant ito imake ia ilarge ipurchase ithen iyou ishould iput imoney iin iwhat ikind iof ia iFund? i- iCORRECT iANSWER-Sinking ifund