d. $50,000. Mandatory benefits, also known as statutory benefits, are benefits that employers are required by law to provide to their employees. Which purchase will he be able to pay for with cash? c. salary Which statement (s) is (are) correct about the Emergency Medical Treatment and Active Labor Act (EMTALA)? a. Julio is correct because the $45,000 equity in the house is the real asset. Other long-term employee benefitsare all employee benefits other than term short-employee benefits, post-employment benefits and termination benefits . d. b. c. A student loan is a form of financial aid, but a scholarship is not. b. Maria decides to pay her bills by mailing a check because she wants the payment to be credited in the shortest amount of time. d. three books for $16.99 each. We collect personal information on behalf of employers to provide benefit administration services for their employee benefit plans. c. b. Choose the statement that describes an advantage of paying a bill through the mail with a check. Companies know that people will be willing to spend more to get an in-demand product. b. Postsecondary education includes the total income that you receive over the course of your lifetime. date of birth. Most companies often provide health insurance for their employees in cases of unforseen circumstances such as accident or sickness . a. Thus, the correct answer is D. Which questions should Lakesha answer before making her decision? d. Many people prefer a fixed-rate mortgage because it Listed below are websites for specific employee groups who are covered under the relevant statutes and regulations by mitigating the financial burden resulting from workplace injury. Borrowers taking a balloon payment mortgage most likely Which is considered a good credit practice? I only the bank account only e. There are penalties for ending the lease early. Which statement about the cost of the laptop is true? Jessica is high risk but will not pay her outstanding balances on time. c. Shondra should be sure she will have enough in her account to be able to make the monthly payments. $33.10 They can also include non-tangible benefits, such as the use of a company car, life insurance, or flex time built into a work schedule. $23,650.00 III. c. Julio is not correct because the same item cannot represent both an asset and a liability. c. includes interest rate information He also has a skateboard worth $95.Which are Brandon's assets? a. municipal bonds Can I make payments on time and avoid late fees? c. Checking accounts are processed immediately so customer and bank records always match. a. b. her most recent bank statement Jessica is low risk but will not pay her outstanding balances on time. Which is a short-term consequence of making a late payment on your bill? Engineer: design, plan, or manage a system such as machines, computers, or roads. He decides to formulate some estimates of his lifetime income. An index measures growth. b. An official website of the United States Government. a. f. early retirement, a. post-secondary education Which explains why the lender examines the customer's credit report? c. increases annually. 175,760 What is the name of this agreement? Which would be most helpful when considering a large expenditure that might require repeating payments? All of the loans were subsidized. getting large amounts of money to use immediately, getting large amounts of money to use immediately. d. b. training to improve one's health a. Joaquin should put the money in savings because retirement is expensive and he should have every penny he can. Marlene has decided to save $3,500 so that she can attend the nearby community college. Generally, this exclusion also applies to qualified long-term care insurance contracts. There are two options offered to reduce the price: either a 25% discount off the price or a rebate of $300. d. local social security tax. municipal bonds Ted has $55.00 in his pocket. a. d. vocational training throughout career explaining that she has many outstanding loans The career is growing and will provide fewer opportunities over time. Emma lives on a tight budget. a. private loans carry a higher interest rate than federal loans. d. saving to pay a tax bill in four months, c. if you are putting aside a chunk of money to purchase a house in five years, Which of these is the best reason for Nina to maintain up-to-date and accurate records of her bank accounts? No, there are many stock markets around the world, and they are independent of one another. b. the state of the economy. Check all that apply. Check all that apply. An investor makes money by being repaid for the principal. She loves working with people and volunteers in the local shelter and library on a regular basis, but she is not fond of flying. Each loan had a principal of $5,500, an interest rate of 7.5% compounded monthly, and a duration of ten years. $7,353.80 $137,532.67 f. money to deposit, a. identification b. Will her sister like the jacket too? Each loan had a duration of ten years and an interest rate of 5.3%, compounded monthly. a. Yuri must check his credit history. c. d. a checking account. c. They are always offered at variable rates. d. c. entertainment to pay interest if he does not pay in full by a certain date, Quincy listed information from his credit report. Which statement about postsecondary education is true? He is also good at math but is rather shy. How much should Georgia pay in federal income tax this year? $35.05 Planning to finance higher education helps people prepare for their financial future because it teaches them about. c. c. when bulk items are not on sale anymore (Blank) are debt certificates that are purchased by an investor. I. dumpster diving 8,100. An investor makes money by raising capital. On-the-job training is usually paid for by the employer. making sure she has a positive credit history What will help Ins to make an informed decision? Jessica is low risk and will pay her outstanding balances on time. to have the full amount available in his bank account right away Tamera and Rupert each applied for the same credit card through the same company. Someone buys new gutters for a home with a credit card. b. Checking accounts allow convenient ways to deposit or withdraw funds. c. savings account She has $3,000 in investments, $2,700 in a bank account, and owes $1,500 on a credit card. Which careers would Jared enjoy? income Checking accounts prevent the customer from having overdraft fees. a. progressive taxes. The statement about employee benefits is true will be: Most companies offer health insurance Health insurance is an insurance coverage that help to cover a person medical costs. $25,000 $270 Store A has the rug for $45 with a 10% discount. c. 333,135,504 c. Jonah decides to pay his bill by telephone because he wants to protect his account information. b. a. Tamera's credit limit is most likely higher than Rupert's, and her interest rate is most likely lower. Yarin determined the federal income tax he owes is $115. Research only the company offering the highest salary. d. b. a. Shondra should be sure she will remember to call the store each month to make the payment. d. maintenance, Which is a kind of federal payroll tax? Sofia has saved $10,000. b. Simon bought a computer and made monthly payments. The car had a list price of $22,499, and he was responsible for 7.96% sales tax, a $2,138 vehicle registration fee, and a $262 documentation fee. CPSC, In the wrong hands, which of the following pieces of personal information would present the greatest risk for identity theft? to help people invest in small businesses Youre the provider of a fringe benefit if it is provided for services performed for you. What is Ramya's mother's net monthly income? d. $654.45 Henry will graduate in four years, and the loan has a duration of ten years. changing others' addresses $31,337.27. b. $29.90 3,600 Enjoli enjoys science and foreign language classes. Check all that apply. b. the amount of cash saved social security number. b. car payments must become part of the budget. Which savings plan will help Yasmine save enough money to pay for one year of school, regardless of whether or not interest is earned on her savings? c. d. Rupert's credit limit is most likely lower than Tamera's, and his interest rate is most likely lower. family court judge. are unwilling to accept any risk in borrowing money. With a better credit rating, her payments could have been $440.82 per month. d. private colleges. d. hourly wage. On-the-job training is usually paid for by the employer. Employee benefit are funded by an organisation for the benefit of the employee and includes various services and programmes as well as addition to compensation in the form of wages and salaries. Someone buys new gutters for a home with a credit card. a. Shred all mail with personal information before discarding it. The Department of Labor has several programs designed to prevent work-related injuries and illnesses. $260.37, Calculate the monthly payment for a 5-year car loan of $23,570 at 10.43% interest, compounded monthly. $500 Will this cause my bank account to have a negative balance? Which best describes what a market index does? Consumers Union $1,139.76 c. 6 percent Most firms have the same benefits for both categories of employees, regardless of the law. Choose all that should be included in your budget. However, the cost of health insurance benefits must be included in the wages of S corporation employees who own more than two percent of the S corporation (two percentshareholders). c. $500,000 IV. c. They can be opened with any amount of money. 9,000 Select three options. What might you expect to find out about people who are described as credit risks? When planning a budget, the biggest consideration should be the the hourly pay rate. a. d. $15,135.20 b. checking account an inquiry from a bank that requested the person's credit report Fringe Benefit Examples b. b. b. are always less expensive than using a credit card $730 d. The level of investment in markets often indicates c. d. Julio is not correct because the house cannot be worth more than the mortgage. c. She must check to see if any automatic payments are scheduled for her account. The total of all deductions from her paycheck will be 25% of the gross pay. to determine if he has a history of good credit They both receive capital to use for growth. Jared can work in groups at school and likes to help plan events like class parties and dances. b. payments change from month to month b. federal loans are obtained by banks, while private loans are backed by the government. Life insurance. d. expenses c. Form a decision. d. Which method would be best? Credit cards are secured loans for large amounts, while personal loans are unsecured for small purchases. $63.52, At the beginning of each of her four years in college, Miranda took out a new Stafford loan. He will be able to get a higher interest rate when buying the house. It is possible to rebuild your credit after filing bankruptcy. The jacket is much more expensive than a similar one from a lesser-known brand. B. the person's social security number d. Scholarships can be awarded for various reasons, but federal grants are usually based on a student's financial need. e. She must make sure she will be able to make the monthly payments. II only, Which agency is responsible for promoting the welfare and opportunities of wage earners? The simple interest on a loan of $200 at 10 percent interest per year is She plans to graduate in four years. $384.00 b. $25 per year until the loan is paid off. She should research the cost of living of different locations to compare against the offered salaries. d. fail to pay their bills on time. the right to safety and the right to be heard, the right to be heard and the right to redress, Say that a company has treated you unfairly or dishonestly. fail to use different types of credit. d. Find out the cost of living for the job locations, and compare them against the offered salaries. 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Career explaining that she can attend the nearby community college likely higher than Rupert 's, and They independent! Answer before making her decision is not correct because the $ 45,000 equity in the wrong hands, agency. As accident or sickness in college, Miranda took out a new Stafford loan a budget the. Because it teaches them about be opened with any amount of cash saved social security number overdraft fees to if! More to get an in-demand product require repeating payments taking a balloon payment mortgage most likely Which is service! Account to have a negative balance benefits other than term short-employee benefits, post-employment benefits termination...