WISE Financial Literacy Certification Practice Exam |
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Terms in this set (50)
Question : To qualify for a Federal Housing C: fulfill income guidelines.
Administration (FHA) loan, a person must generally
A: have at least a high school diploma.
B: have one-quarter of the cost of the home
for a down-payment.
C: fulfill income guidelines.
D: provide two individuals to co-sign the loan.
, A high school student has begun to investigate the field A: Will I find a balance between financial rewards and personal satisfaction
of finance as a career choice. In deciding about the from work?
field, the student should focus on which question first?
A: Will I find a balance between financial rewards and
personal satisfaction from work?
B: How many people do I know who work in this field?
C: Once I train for this area, how long before I will be
at the top of the field?
D: Are there people in this field who are dissatisfied
with their jobs?
A type of electronic funds transfer (EFT) is: D: An ATM transaction
A: A transaction made with a check
B: A deposit made with a bank teller
C: Not widely used by consumers
D: An ATM transaction
A company offers a defined-contribution pension plan B: the total amount of money contributed plus investment earnings.
which means that upon retirement the employee will
receive
A: one-half of the employee's last year's salary.
B: the total amount of money contributed plus
investment
earnings.
C: an amount of money based only on the length of
time
the employee worked for the company.
D: a specified amount of money based totally on the
profit
earned by the company while the employee worked
there.
The interest earned on United States Series EE Savings A: exempt from state and local taxes.
Bonds is
A: exempt from state and local taxes.
B: paid in a lump sum at the time the face value on the
bond is reached.
C: equal to the money paid to purchase it.
Questions with 100% Correct Answers | Verified | Latest
Update 2026/2027
Leave the first rating
Play your way to mastery with fun games
Match Blocks Charms NEW
Students also studied
Flashcard sets Study guides
W!SE Financial Literacy Certification... WISE financial literacy test Personal Finance WISE Test WI
84 terms Teacher 82 terms 75 terms Te
hcps-khansf Preview tyler_webb1720 Preview Stopparkertime Preview
Terms in this set (50)
Question : To qualify for a Federal Housing C: fulfill income guidelines.
Administration (FHA) loan, a person must generally
A: have at least a high school diploma.
B: have one-quarter of the cost of the home
for a down-payment.
C: fulfill income guidelines.
D: provide two individuals to co-sign the loan.
, A high school student has begun to investigate the field A: Will I find a balance between financial rewards and personal satisfaction
of finance as a career choice. In deciding about the from work?
field, the student should focus on which question first?
A: Will I find a balance between financial rewards and
personal satisfaction from work?
B: How many people do I know who work in this field?
C: Once I train for this area, how long before I will be
at the top of the field?
D: Are there people in this field who are dissatisfied
with their jobs?
A type of electronic funds transfer (EFT) is: D: An ATM transaction
A: A transaction made with a check
B: A deposit made with a bank teller
C: Not widely used by consumers
D: An ATM transaction
A company offers a defined-contribution pension plan B: the total amount of money contributed plus investment earnings.
which means that upon retirement the employee will
receive
A: one-half of the employee's last year's salary.
B: the total amount of money contributed plus
investment
earnings.
C: an amount of money based only on the length of
time
the employee worked for the company.
D: a specified amount of money based totally on the
profit
earned by the company while the employee worked
there.
The interest earned on United States Series EE Savings A: exempt from state and local taxes.
Bonds is
A: exempt from state and local taxes.
B: paid in a lump sum at the time the face value on the
bond is reached.
C: equal to the money paid to purchase it.