Question 10(Multiple Choice Worth 5 points) (02.03 MC) Laurie checks her monthly bank statement and notices a negative balance. What will MOST LIKELY happen? She will be charged with fraud. She will be charged an overdraft fee. Her account will be automatically closed. The bank will sue her in small claims court.
When is the face amount of a Whole Life policy paid? A. When the insured dies or at the policy's maturity date, whichever happens first B. Only when the insured dies C. When the policy is surrendered D. At the policy's maturity date only
Using the Exxon data as an example, pretend Penny's Pickles (a fake pickle company) divides their company into 10,000 shares of stock. If you buy 200 of those shares, what percent of Penny's Pickles do you own? .02 2 20 2
Q How can you prevent a tool from falling and hurting people below you? A. Carry the tool in your hand while climbing B. Hold the tool under your arm while climbing C. Fasten the tool to a tool belt you wear as you climb D. Leave the tool on the ground until you're done with the ladder
Type the correct answer in the box Spell all words correctly. Which economy enables demand for a product or service to drive all the business decisions? Business decisions are driven by demand in a (an) square economy.
True or False? It's okay to deposit a check at the bank and then use an app to deposit the same check into your account. True. Seems legit and you get paid twice. False. That's Fraud. It depends on the situation.
True or False? If you shop around you can NEVER find bank accounts with low minimums and fees. True False
True or False? As long as your money is in an FDIC-insured account, it is safe even if the bank goes out of business. True False
True or False? You can avoid check cashing fees by depositing your money in a bank w True False
How do you get a W-2 form that tells you how much money you earned so you can file a tax return (if you were an employee earning wages)? Your employer wil give you one with each paycheck. Your employer will send it to you at the end of the year. You have to pick it up from your employer at the end of the year. You don't really need one.
Complete the trend analysis for sales for year 4 (Round to the nearest tenth percent): Note: Round your answer to the nearest tenth percent. \begin{array}{cccccc}\ Year\ 4\ &\ Year\ 3\ &\ Year\ 2\ &\ Year\ 1\ &\ (Base\ year)\ \\ \hline \$1,854,232\ &\ \$1,342,650\ &\ \$865,798\ &\ \$822,457\ &\ \$822,457\ \\ \end{array} Multiple Choice $112.3\% $ $225.5\% $ $200.5\% $ $180.4\% $
Loosening monetary policy causes interest rates to __ , and consumption and investment to __ fall; increase fall; decrease rise; decrease rise; increase
4) What is the difference between an elastic and an inelastic good? $\square $
18 Jackson deposited $5,000 $3.8\% $ interest, compounded controusesly, when he was 18 years old.How much will be in the account when he is 40 years old if he made no other deposits or Jackson deposited $\$ 5,000$ withdrawals? $(10A2.b,3.9)$ A $\$ 8,800.00$ B $\$ 11,535.60$ C $\$ 19,000.19$ D $\$ 10,691.38$
Which part of Medicare Is also called Hospital Insurance? Multiple Choice Medicare Part A Medicare Part B Medicare Part D Medicare Part C
What is the main purpose of the reconciliation process in QuickBooks? To manage payroll To compare your QuickBooks records with your bank or credit card statments To generate financial reports To input invoices
What is the common method for setting up multiple associated cards in QuickBooks? Creating separate standalone accounts Setting up a parent account and subaccounts Using a shared account Ignoring subaccounts entirely
What should you do when you can't find a transaction that should be in QuickBooks during reconciliation? Change your bank statement Ignore it Remove all transactions and enter them again Review and fix the transactions again to find discrepancies
What should you do if the Beginning Balance in QuickBooks does not match your statement? Ignore it Follow the provided steps to correct it Start a new reconciliation Delete the account
Which of these will shift the short-run aggregate supply curve to the right? an increase in the actual price level an increase in the minimum wago an increase in immigration from other countries an increase in the price of oil