future smart module 3 ways to pay Exam Questions and answers

future smart module 3 ways to pay Exam
Questions and answers
c. Wage - -Income earned on an hourly basis is called a: a. Salary b. Stipend c. Wage d. Benefit
a. Payment History - -Which factor has the biggest impact on a credit score? a. Payment History b. Type of credit c. Amount owed d. Length of credit
b. Debit card - -Ashley wants to use money from her checking account to make a purchase. Which payment method should she use? a. Credit card b. Debit card c. Direct Deposit d. Prepaid Card
a. Pay the full balance each month - -What is the best strategy for avoiding credit card interest? a. Pay the full balance each month b. Skip payments c. Pay the minimum balance d. Make payments online
a. Federal Income Tax - -___________________ is withheld from a paycheck and
is used to fund government services such as health care, national defense, and scientific programs.
a. Federal Income Tax b. Medicare c. Social Security d. State Income Tax
a. Salary - -A ________________ is usually paid on a biweekly or monthly basis for professional employment.