WISE CERTIFICATION ACTUAL EXAM 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉ Which statement best describes the relationship between a
person's educational level and that person's potential earning power
Answer: A person with a professional degree is likely to earn at least
4 times as much per year as a person who did not complete high
school
◉ A type of electronic funds transfer (EFT) is: Answer: An ATM
transaction
◉ The primary source of income for most people between the ages
of 20 and 35 who are not living on a pension or social security are:
Answer: Salaries, wages, and tips
◉ When money is not used and goods and services are exchanged
for other goods and services this system is called: Answer: Barter
◉ Nora needed to make a long-distance call from a pay phone and
did not have the cash. She was able to make the call by using her:
Answer: Cash card
,◉ Money in the US includes: Answer: Checking account balances on
which checks can be drawn
◉ Jami lost her debit card. She did not report it missing for 3
months. If an unauthorized person used her debit card, her
maximun liability is: Answer: Unlimited liability
◉ A person owns a stock that pays a $2.00 a share dividend. If the
person chooses to reinvest that dividend, this means that the $2.00
will go toward buying Answer: More of the same stock
◉ The interest earned on US series EE Savings Bonds is Answer:
exempt from state and local taxes
◉ An investor bought 40 shares of ABC corporations stock at $80.00
a share. Two weeks later, the investor receives a notice that the
corporation has approves a 2-for-1 stock split. based on this info, the
investor would own at the moment of the split Answer: 80 shares of
the stock and the price of each share is $40.00
◉ Using a brokerage firm, a qualified investor buys 1,000 shares of a
common stock at $50 a share on %50 margin. This means that the
Answer: brokerage firm is lending the investor %50 of the money
, ◉ Before the Kiss Corporation can issue stocks or bonds, it must
register the issue with: Answer: The Securities and Exchange
Commission (SEC)
◉ A pharmacy is to drugs as the American Stock Exchange is to:
Answer: Securities
◉ Buying a treasury bill (T-Bill) is best for investors who are looking
for Answer: A secure, low-risk investment
◉ As an investment, a person decides to buy a small house that has
three rental apartments. The profits from this investment may be
lowers that expected if the Answer: one of the apartments is not
rented
◉ What is the largest equities market in the world? Answer: New
York Stock Exchange (NYSE)
◉ Investors select "blue chip" stocks because they: Answer: Have a
reputation for quality management and sometimes pay dividends
◉ If a person makes a deposit of $10,000 or more into a bank
account, the bank must notify the Answer: US Treasury Department
QUESTIONS WITH SOLUTIONS GRADED A+
◉ Which statement best describes the relationship between a
person's educational level and that person's potential earning power
Answer: A person with a professional degree is likely to earn at least
4 times as much per year as a person who did not complete high
school
◉ A type of electronic funds transfer (EFT) is: Answer: An ATM
transaction
◉ The primary source of income for most people between the ages
of 20 and 35 who are not living on a pension or social security are:
Answer: Salaries, wages, and tips
◉ When money is not used and goods and services are exchanged
for other goods and services this system is called: Answer: Barter
◉ Nora needed to make a long-distance call from a pay phone and
did not have the cash. She was able to make the call by using her:
Answer: Cash card
,◉ Money in the US includes: Answer: Checking account balances on
which checks can be drawn
◉ Jami lost her debit card. She did not report it missing for 3
months. If an unauthorized person used her debit card, her
maximun liability is: Answer: Unlimited liability
◉ A person owns a stock that pays a $2.00 a share dividend. If the
person chooses to reinvest that dividend, this means that the $2.00
will go toward buying Answer: More of the same stock
◉ The interest earned on US series EE Savings Bonds is Answer:
exempt from state and local taxes
◉ An investor bought 40 shares of ABC corporations stock at $80.00
a share. Two weeks later, the investor receives a notice that the
corporation has approves a 2-for-1 stock split. based on this info, the
investor would own at the moment of the split Answer: 80 shares of
the stock and the price of each share is $40.00
◉ Using a brokerage firm, a qualified investor buys 1,000 shares of a
common stock at $50 a share on %50 margin. This means that the
Answer: brokerage firm is lending the investor %50 of the money
, ◉ Before the Kiss Corporation can issue stocks or bonds, it must
register the issue with: Answer: The Securities and Exchange
Commission (SEC)
◉ A pharmacy is to drugs as the American Stock Exchange is to:
Answer: Securities
◉ Buying a treasury bill (T-Bill) is best for investors who are looking
for Answer: A secure, low-risk investment
◉ As an investment, a person decides to buy a small house that has
three rental apartments. The profits from this investment may be
lowers that expected if the Answer: one of the apartments is not
rented
◉ What is the largest equities market in the world? Answer: New
York Stock Exchange (NYSE)
◉ Investors select "blue chip" stocks because they: Answer: Have a
reputation for quality management and sometimes pay dividends
◉ If a person makes a deposit of $10,000 or more into a bank
account, the bank must notify the Answer: US Treasury Department
