FBLA Personal Finance Exam
Questions With 100% Verified Answers
In the case of a savings account what is the principal? -
correct answer ✅The amount of money you deposit
The Federal Reserve System is -
correct answer ✅The central banking system of the United States
The rise in the level of prices for goods and services is -
correct answer ✅Inflation
The ways in which groups of people change over time -
correct answer ✅Demographic trends
When considering a job offer what factors should you consider? -
correct answer ✅Work environment, Factors affecting salary,
Employee Benefits
Networking is a way of -
correct answer ✅Making and using contacts to get job information
A safe-deposit box is for keeping important documents and they
can be rented at -
correct answer ✅a bank
, FBLA Personal Finance Exam
Questions With 100% Verified Answers
Liabilities are split between -
correct answer ✅Current and Long term
Your net worth is calculated as -
correct answer ✅Assets - Liabilities
Take-home pay is -
correct answer ✅gross pay less taxes and other deductions
The money left over after you have paid for the essentials-
food,clothing,shelter,transportation, and medication -
correct answer ✅Discretionary income
Which of the following are smart buying strategies? -
correct answer ✅Comparing brands, comparing labels, comparing
prices
Small Claims court deals with legal disputes with limits set by -
correct answer ✅States
Questions With 100% Verified Answers
In the case of a savings account what is the principal? -
correct answer ✅The amount of money you deposit
The Federal Reserve System is -
correct answer ✅The central banking system of the United States
The rise in the level of prices for goods and services is -
correct answer ✅Inflation
The ways in which groups of people change over time -
correct answer ✅Demographic trends
When considering a job offer what factors should you consider? -
correct answer ✅Work environment, Factors affecting salary,
Employee Benefits
Networking is a way of -
correct answer ✅Making and using contacts to get job information
A safe-deposit box is for keeping important documents and they
can be rented at -
correct answer ✅a bank
, FBLA Personal Finance Exam
Questions With 100% Verified Answers
Liabilities are split between -
correct answer ✅Current and Long term
Your net worth is calculated as -
correct answer ✅Assets - Liabilities
Take-home pay is -
correct answer ✅gross pay less taxes and other deductions
The money left over after you have paid for the essentials-
food,clothing,shelter,transportation, and medication -
correct answer ✅Discretionary income
Which of the following are smart buying strategies? -
correct answer ✅Comparing brands, comparing labels, comparing
prices
Small Claims court deals with legal disputes with limits set by -
correct answer ✅States
