Review Test WFG questions with
complete solutions
Social Security benefits are designed to reduce the financial losses caused by all of the following
except - correct answer ✔✔Property Damage; Social Security is designed to address the life
events death, disability, and retirement. Property damage is not a contingency covered by this
benefit system.
Which of the following statements regarding the Social Security definition of disability is true -
correct answer ✔✔The requirements are met only if a worker is unable to perform the duties of
any occupation and the worker is not expected to recover from the disability.
John has a $4000 charge account balance is $5000 in installments loans, and a monthly rent
payment of $500. Johns debts repayment need is - correct answer ✔✔$9000; Rent isn't
included in debt repayment
For prospects who own their home, the home assurance need is - correct answer ✔✔The
mortgagee balance
An emergency fund is designed to meet all of the following types of expenses except - correct
answer ✔✔college expenses
A center of influence is - correct answer ✔✔an ongoing source of quality referrals
From the names and ages of the members of a prospects family, you can tell all of the following
except - correct answer ✔✔the size of the emergency fund
complete solutions
Social Security benefits are designed to reduce the financial losses caused by all of the following
except - correct answer ✔✔Property Damage; Social Security is designed to address the life
events death, disability, and retirement. Property damage is not a contingency covered by this
benefit system.
Which of the following statements regarding the Social Security definition of disability is true -
correct answer ✔✔The requirements are met only if a worker is unable to perform the duties of
any occupation and the worker is not expected to recover from the disability.
John has a $4000 charge account balance is $5000 in installments loans, and a monthly rent
payment of $500. Johns debts repayment need is - correct answer ✔✔$9000; Rent isn't
included in debt repayment
For prospects who own their home, the home assurance need is - correct answer ✔✔The
mortgagee balance
An emergency fund is designed to meet all of the following types of expenses except - correct
answer ✔✔college expenses
A center of influence is - correct answer ✔✔an ongoing source of quality referrals
From the names and ages of the members of a prospects family, you can tell all of the following
except - correct answer ✔✔the size of the emergency fund
