1/30/25, 12:35 AM WISE FINANCIAL LITERACY CERTIFICATION EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LAT…
WISE FINANCIAL LITERACY CERTIFICATION
EXAM QUESTIONS AND CORRECT ANSWERS |
ALREADY GRADED A+ | LATEST VERSION 2025 |
VERIFIED ANSWERS
Save
Terms in this set (50)
Question : To qualify for a C: fulfill income guidelines.
Federal Housing
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.
https://quizlet.com/999049222/wise-financial-literacy-certification-exam-questions-and-correct-answers-already-graded-a-latest-version-2025-verified-… 1/27
,1/30/25, 12:35 AM WISE FINANCIAL LITERACY CERTIFICATION EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LAT…
A high school student has A: Will I find a balance between financial rewards and
begun to investigate the personal satisfaction from work?
field of finance as a career
choice. In deciding about
the 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 D: An ATM transaction
transfer (EFT) is:
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
https://quizlet.com/999049222/wise-financial-literacy-certification-exam-questions-and-correct-answers-already-graded-a-latest-version-2025-verified-… 2/27
, 1/30/25, 12:35 AM WISE FINANCIAL LITERACY CERTIFICATION EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LAT…
A company offers a B: the total amount of money contributed plus
defined-contribution investment earnings.
pension plan 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 A: exempt from state and local taxes.
United States Series EE
Savings 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.
https://quizlet.com/999049222/wise-financial-literacy-certification-exam-questions-and-correct-answers-already-graded-a-latest-version-2025-verified-… 3/27
WISE FINANCIAL LITERACY CERTIFICATION
EXAM QUESTIONS AND CORRECT ANSWERS |
ALREADY GRADED A+ | LATEST VERSION 2025 |
VERIFIED ANSWERS
Save
Terms in this set (50)
Question : To qualify for a C: fulfill income guidelines.
Federal Housing
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.
https://quizlet.com/999049222/wise-financial-literacy-certification-exam-questions-and-correct-answers-already-graded-a-latest-version-2025-verified-… 1/27
,1/30/25, 12:35 AM WISE FINANCIAL LITERACY CERTIFICATION EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LAT…
A high school student has A: Will I find a balance between financial rewards and
begun to investigate the personal satisfaction from work?
field of finance as a career
choice. In deciding about
the 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 D: An ATM transaction
transfer (EFT) is:
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
https://quizlet.com/999049222/wise-financial-literacy-certification-exam-questions-and-correct-answers-already-graded-a-latest-version-2025-verified-… 2/27
, 1/30/25, 12:35 AM WISE FINANCIAL LITERACY CERTIFICATION EXAM QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LAT…
A company offers a B: the total amount of money contributed plus
defined-contribution investment earnings.
pension plan 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 A: exempt from state and local taxes.
United States Series EE
Savings 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.
https://quizlet.com/999049222/wise-financial-literacy-certification-exam-questions-and-correct-answers-already-graded-a-latest-version-2025-verified-… 3/27
