Taxes
Home Buying
Identity Theft
Communication
Credit
100

What does corporate income tax mean?

A percentage of profits by business to the federal and state government.

100

What is a good credit score to buy a home in Texas?

At least 620

100

What is identity theft?

fraudulently obtaining a person's sensitive information and then using that information to impersonate the victim


100

When should you use digital communication?

For short or informal messages

100

What is a credit score?

 A numerical of an individual's creditworthiness based on their credit history.


200

What equation is used to calculate income taxes?

Gross income- deductions= taxable income x rate = taxes paid

200

What is the first payment on a house called?

 Down payment

200

 What is the most common form of identity theft?

 Financial identity theft


200

What shouldn’t you do during verbal communication?

  • Don’t look away from the person

  • Don’t stutter

  • Don’t add unnecessary info

200

How can I improve my credit score?

Making on-time payments and being responsible with your credit card balances.

300

 How do tax brackets work?

As your income goes up, the tax rate on the next layer of income is higher.

300

Mortgage

An agreement between you and a lender that allows you to borrow money to purchase or refinance a home.

300

 What are two ways your identity can be stolen?

  in person, online, through social media, by phone


300

What shouldn’t you do during non-verbal communication?


Don’t hide your hands

Don’t cross your arms

Don’t add unnecessary info


300

What factors affect my credit score?

Having multiple credit accounts, using the credit balance irresponsibly and missing payments.

400

What does the tax rate mean?

The percentage at which taxes are paid on each dollar of income.


400

What is homeowner’s insurance?

a form of property insurance that covers losses and damages to your residence

400

Who do you contact when your identity is stolen?

The Federal Trade Commission (FTC)


400

What does mannerism mean?


Way of speaking or behavior

400

Why is it important to have a credit score?

A good credit score helps you better qualify for loans, lower interest rates, and many other perks like reduced plane ticket cost.


500

What is the difference between a w-4 form and a w-2 form?

W-4 is filled by the employee, while w-2 is filled by the employer.


500

What is a home appraisal?

a process through which a real estate professional determines the fair market value of a property

500

What does the Identity Theft Prevention Program do?

Detect the warning signs, or red flags, of identity theft


500

What are some ways to increase your communication?

  • Watch your tone

  • Be clear and concise 

  • Be mindful

500

How can I check my credit score?

Using websites such as Equifax, Experian, and TransUnion.