MCQ Questions
Q.1.
Insurance can help you:
  • 0%
    You have health insurance with a $500 deductible
  • 0%
    You own a home
  • 0%
    Sales tax
  • 0%
    financially protect against unexpected accidents
Q.2.
Jan pays $70 each month for her auto insurance policy. This regular payment is called a:
  • 0%
    W-4
  • 0%
    premium
  • 0%
    You own a home
  • 0%
    sales tax
Q.3.
When you purchase an item in a store, you may be charged __________.
  • 0%
    premium
  • 0%
    sales tax
  • 0%
    W-4
  • 0%
    You own a home
Q.4.
When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.
  • 0%
    premium
  • 0%
    W-4
  • 0%
    sales tax
  • 0%
    You have health insurance with a $500 deductible
Q.5.
Why might you complete a 1040 instead of a 1040EZ?
  • 0%
    premium
  • 0%
    Sales tax
  • 0%
    You own a home
  • 0%
    You have health insurance with a $500 deductible
Q.6.
In which of the following scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense?
  • 0%
    Sales tax
  • 0%
    You have health insurance with a $500 deductible
  • 0%
    You own a home
  • 0%
    financially protect against unexpected accidents