Wise Test Review Exam Questions With Verified And Updated Solutions.

is to - answerraise money to expand business activities. A person has been contributing regularly to her company's 401(k) plan. She decides to leave the company. It would be financially advisable for her to - answermove the money from the 401(k) plan into another qualified retirement plan A person is looking at his budget to find ways to invest more money. It would be best for him to - answerreduce this variable expenses. A person may need to have liquid assets when - answerthere is an emergency need for cash A person receives $200 from an uncle for graduation. This money is considered - answera gift. A person wants to buy stock in McDonald's. Before buying the stock it is important that the person consider the - answercompany's potential for making money. A person wants to open a bank account in his name. He will be required to give the bank - answera state or federal-issued picture identification. A person's gross pay for this month is $4,000. Why should his monthly budget be less than $4,000 - answerTaxes are taken out of his gross pay, reducing the amount of money he takes home A role of the Federal Reserve Bank (Fed) is to - answerinfluence interest rates.