What is Janet's accountant asked her to provide a copy of her Wage and Tax Statement as soon as she receives it from her employer. What type of form is this?
W-2
100
Ben receives a prepaid card for his salary and uses the card to get cash at an ATM machine. What form of payment for work is this?
Payroll Card
100
What do commercial banks and brokerage firms have in common?
Both offer help with investments
100
Warren does not have a personal checking account and does not like to carry cash when he shops. What should he do?
Use a credit card when he shops
200
The employment agency asked Nick to complete an Employment Eligibility Verification form to show that he was able to work in the United States. What type of form is this?
I-9
200
Ben's receives his wages every week in a paper document showing pay deductions on the stub. What form of payment for work is this?
Weekly paycheck
200
How do commercial banks and savings and loan associations compare?
Both may be chartered by state or federal government
200
Blake invested $200 in the federal government. What type of investment is this?
Bond
300
Danny's new employer instructed him to come by the office and complete an Employee's Withholding Allowance Certificate. What type of form is this?
W-4
300
Sharon's salary is deposited each month on the twenty-eighth by her employer into her bank account. What form of payment for work is this?
Direct Deposit
300
Sharon set up an account at a credit union because she could earn a higher rate of interest on money deposited there than at the local bank. What type of account is this?
Share account
300
Jennifer does not have a checking account and needs to send $75 to her sister in another town. What should she do?
Obtain a money order for $75 and mail to her sister
400
Dennie and Marie submit their federal income taxes each year using the most common U.S. tax return. What type of form is this?
1040
400
While in college, Don was paid minimum wage by the hour for part-time work. After graduating, he earned a set amount per month. What forms of monetary compensation are these?
Wages during college, salary after
400
An advantage of traditional banking over E-banking is that:
a personal check can only be used by the person named in the account
400
Edward owns a digital camera manufactured by the Clear Pictures Company. Before buying a zoom lens, he read consumer magazines and the manufacturer's website. Edward exercised his consumer right to:
be informed.
500
Maria received a form in the mail showing the interest she has earned on her bank accounts. Which form is this?
1099-INT
500
Elaine earned $200 this week from her base pay at Steak & Lobster plus an additional $150 from tips. What forms of monetary compensation are these?
Wages plus gratuities
500
Dwayne used his debit card to pay for his groceries at the self-checkout station. Which E-banking service is this?
Point-of-sale transfer
500
Janet signed up to take a class on being a good consumer at her local credit union. Janet is exercising her consumer responsibility to