FCS EXAM QUESTIONS WITH COMPLETE
SOLUTIONS
___________ is the right to buy something now and pay for it
later. Correct Answer Credit
A ____________ has numerous branches. Correct Answer
commercial bank
A ____________ is considered more personal. Correct Answer
savings bank
A ____________ offers investment services. Correct Answer
brokerage firm
A ______________résumé gives the most overall general
information. Correct Answer combination
A bill of sale is legally binding. Correct Answer true
A book with pages for recording financial information is a(n)
____________. Correct Answer ledger
A budget is a plan for using your income to meet your needs
only. Correct Answer false
A CD player warranty should be stored in a(n) ____________.
Correct Answer expandable file
, A credit card that can be used to charge purchases at many
different stores and businesses is called a ____________ credit
card. Correct Answer bank
A good cash flow plan can help you plan for long-range goals
like college. Correct Answer true
A heavy paper folder with files for storing papers is called a(n)
____________. Correct Answer expandable file
A high school diploma should be stored in a(n) ____________.
Correct Answer expandable file
A job applicant should not bring his/her own questions to an
interview. Correct Answer false
A list of insurance policies should be stored in a(n)
____________. Correct Answer fireproof safe
A list of medical expenses should be stored in a(n)
____________. Correct Answer record book
A locked container made to resist heat is a(n) ____________.
Correct Answer safe-deposit box
A locked container within a bank vault is a(n) ____________.
Correct Answer safe-deposit box
A marriage certificate should be stored in a(n) ____________.
Correct Answer fireproof safe
SOLUTIONS
___________ is the right to buy something now and pay for it
later. Correct Answer Credit
A ____________ has numerous branches. Correct Answer
commercial bank
A ____________ is considered more personal. Correct Answer
savings bank
A ____________ offers investment services. Correct Answer
brokerage firm
A ______________résumé gives the most overall general
information. Correct Answer combination
A bill of sale is legally binding. Correct Answer true
A book with pages for recording financial information is a(n)
____________. Correct Answer ledger
A budget is a plan for using your income to meet your needs
only. Correct Answer false
A CD player warranty should be stored in a(n) ____________.
Correct Answer expandable file
, A credit card that can be used to charge purchases at many
different stores and businesses is called a ____________ credit
card. Correct Answer bank
A good cash flow plan can help you plan for long-range goals
like college. Correct Answer true
A heavy paper folder with files for storing papers is called a(n)
____________. Correct Answer expandable file
A high school diploma should be stored in a(n) ____________.
Correct Answer expandable file
A job applicant should not bring his/her own questions to an
interview. Correct Answer false
A list of insurance policies should be stored in a(n)
____________. Correct Answer fireproof safe
A list of medical expenses should be stored in a(n)
____________. Correct Answer record book
A locked container made to resist heat is a(n) ____________.
Correct Answer safe-deposit box
A locked container within a bank vault is a(n) ____________.
Correct Answer safe-deposit box
A marriage certificate should be stored in a(n) ____________.
Correct Answer fireproof safe
