Business 12

How often can you change your goals?

As often as desired or as needed

Which of the following is NOT one of the acceptable forms of initial deposits?

Cash

Checks or debit purchases you have made, but do not show up on your bank statement are referred to as which of the following?

Completed

Which of the following services takes money out of your account at the time purchase is made?

Debit card

The phrase "take-home pay" refers to which of the following?

Money paid to the employee after taxes

Which of the following should you do after you reconcile your statement?

Shed all receipts

Which of the following services is used to move money between a checking and a saving account?

Automatic transfer

Which of the following is the last step in developing your goals?

Develop a plan of action

If you have $350 income as your "take-home pay", you have fixed and variable expenses of $275 and you pay $25 into your savings account, how much will you have as discretionary income?

$50

When you receive your paycheck through direct deposit, what does this mean?

Your employer deposited your check electronically into your account