Category: Uncategorized

Who do you contact if you’ve already accepted more loan money than you need? a) Your school’s financial aid office b) Your loan servicer c) Your parents d) The bank Answer: a) Your school’s financial aid office If you have received more loan money than needed the first and most appropriate person to approach is…

Which of the following statements about the Internet is not true? A. The Internet is a worldwide network of computer networks built on common standards. B. It is impossible to say with certainty exactly how many computers and other mobile devices are connected to the Internet worldwide at any time. C. The Internet has shown…

Which of the following is TRUE about the Free Application for Federal Student Aid (FAFSA)? A. Schools use it to determine a student’s eligibility for private loans. B. Schools use it to determine a student’s eligibility for subsidized loans. C. Schools use it to determine a student’s eligibility for unsubsidized loans. D. Schools use it…

What is the correct definition of collateral for potential cosighers? A. The cosigner’s credit history B. The cosigner’s past record of paying on time C. The cosioner’s financial assets, such as a house or car D. The cosigner’s current financial situation Answer: C. The cosioner’s financial assets, such as a house or car In the…

It does not make sense to avoid post secondary education because of its cost since in the long run: A) The salary you will earn with a degree will pay back the cost of college over your career. B) You or your parents can write it off your taxes. C) There are less expensive options…

Which type of bank account typically offers the least (if any) interest? A. Certificate of deposit B. Checking account. C. Savings account D. Money market account Answer: B. Checking account. Sweep accounts normally provide the smallest interest rate among all the various types of bank accounts. This is because checking accounts are meant to be…

Which statement best describes Queen Elizabeth’s use of rhetorical appeals in this excerpt? A. She relies on logos by listing for Parliament some of her personal reasons for wanting to remain unmarried and childless. B. She relies on pathos by attempting to make the members of parliament feel sorry for her and the fact that…

One of the three economic questions deals with deciding A. what goods and services should be produced. B. what the costs of production should be. C. how goods and services will be marketed. D. how consumers will receive products. Answer: A. what goods and services should be produced. This question refers to one of the…

Before the Agricultural Revolution, many people lived in rural areas because A.they could grow food on small areas of land. B.nearby farms produced plenty of food. C.they could grow crops quickly and efficiently. D.wealthy landowners gave them jobs on farms. Answer: D.wealthy landowners gave them jobs on farms. In the feudal agricultural structural farming system…

Which of the following are administrative sanctions related to derivative classification? a) Fines and imprisonment b) Revocation of security clearance c) Mandatory training d) Employee commendation Answer: b) Revocation of security clearance Administrative penalties exclude punitive and judicial measures that may be applied to any operational organization or agency for violations of rules, policies, or…