Final Assignment FP 101 1) When does repayment of a PLUS loan begin? | A. 6 months after disbursement | | B. 6 months after graduation | | C. 9 months after graduation | | D. 2 months after disbursement | | | | 2) Which of the following is true about credit reports? | A. A credit report does not list requests for your credit report. | | B. You always have to pay for a credit report | | C. There is only one credit bureau that provides credit reports | | D. You can get a free credit report by contacting a credit bureau. | | | | 3) Which of the following is true about student loans? | A. All student loans are subsidized. | | B. All student loans are issued by the federal government. | | …show more content…
| | | | 19) How does life insurance differ from other types of insurance? | A. The risk of a policy payout is 100 percent. | | B. Life insurance policies are very short-term. | | C. Insurers almost never need to pay a claim. | | D. Life insurance is not based on risk pooling. | | | | 20) Which of the following is not one of the main sources of auto dealer profits? | A. licensing fees | | B. service contracts | | C. manufacturer allowances | | D. profit to be on traded vehicle | | 21) When do medical expenses qualify as a deduction? | A. When the total is less than your adjusted gross income. | | B. When the total is greater than half of your adjusted gross income. | | C. When the total is less that the designated percentage of your gross income. | | D. When the total is greater than the designated percentage of your adjusted gross income. | | | | 22) Which of the following is considered a tax credit, which will directly reduce the taxes you owe? | A. Gifts to charity | | B. Medical expenses | | C. Mortgage interest | | D. Earned Income Credit | | | | 23) Which of the following statements is not true regarding spousal benefits under Social Security? | A. There are no protections in the program for women who do not work outside the home. | | B. If a woman remarries, she will not be eligible for a divorcee benefit. | | C. A divorced woman may receive 50 percent of her
Then, in your initial post of at least 200-250 words, identify an important issue related to your representative’s committee or subcommittee work in Congress. Summarize your representative’s position on that issue as described on his or her website or illustrated by legislation sponsored by your representative. Be concrete and specific, avoiding vague generalities like “my representative is for jobs” or “my representative is for national security.” With respect to this issue, evaluate your representative’s performance as a representative of the people in your legislative district. Justify your assessment from two perspectives:
D. And that’s the very real cost to you and me fewer Dads, uncles, sons, nephews (90% of
i. The gross income information from Jessie Robinson's W-2 form. TIP: This is the amount from question 7b above.
v. Jessie has no spouse and can't be claimed as a dependent by someone else.
36. Some states use their state income tax return as a means of collecting unpaid sales and use taxes.
For an individual who pays personal income taxes at a rate of 30 percent, which of the following statements is most correct?
-Spouse B’s $8,000/month for 11 months of income from work because these are taxable wages that are paid to Spouse be for employment.
The recent test was a bit of a wake up call. I missed the i**103 question. It's frustrating in that I calculated the correct result, but for some perverse reason chose the wrong selection. I guess once solved, my mind tends to wander on to the next question. With only 10 multiple choice questions, this can have a devastating impact. From a return on investment, this is definitely an area worth improving. I generally do a substantial portion of course exercises in my head, and don't bother writing them down. This is perhaps a mistake on my part, since recording the results correctly is a critical final step worth practicing. Unfortunately, this approach does significantly increase the time necessary to complete the exercises.
B ) A theory is an integrated explanation of numerous hypotheses, each supported by a large body of observations and experiments.
(TCO C) Debt securities sold to investors that must be repaid at a particular date some years in the future are called:
You need to be at Achieve tomorrow (Monday) a little time before 8:00. Also, you need to make sure that you have everything that your instructor has explained to you to bring to this exam.
“...if the amount of future rebates or refunds cannot be reasonably and reliably estimated, a liability (or deferred revenue) shall be recognized for the maximum potential
Under Sec. 61, gross income means all income from whatever source derived. Some types of income, however, are legitimately excluded from gross income, including interest on State or local bonds, amounts paid by employers and
To give impetus to savings these deductions are given on certain investments or certain expenditure made by the assessee. Deduction is allowed when the saving is invested but normally any withdrawal is treated as income in the year of withdrawal. __________________________________________________________________
| Except the following, all other incomes shall be included— a. Income exempt under sections 10 to 13A; b. Incomes to be included in