Financial Literacy Final

1234567891011121314
Across
  1. 1. What is the amount of the money you are responsible for paying before your insurance company covers the balance on a claim?
  2. 4. What is best described as any written document instructing a bank to pay money from the writer’s account.
  3. 6. What best describes the amount of money you pay an insurance company to provide coverage?
  4. 8. what is an authorized amount of credit given to an individual, business, or institution?
  5. 11. Which income source is best described as money given to a person, business, government or other organization that is designated for a specific purpose which does not need to be repaid.
  6. 12. Which best describes your share of the costs of a covered health care service, calculated as a percent, for the service after you’ve reached your deductible
  7. 13. Which income source includes salaries, hourly wages, tips, and commissions?
Down
  1. 2. Which income source is best described as the assets passed down to individuals after someone dies.
  2. 3. The maximum amount you can charge on your credit card is known as
  3. 5. Which insurance provides additional financial safety net on top of your existing coverage
  4. 7. Jennifer is asked to donate $5 each paycheck to a local charity organization. What kind of deduction would this be if she decided to donate?
  5. 9. Which account accrues interest in exchange for use of the money on deposit?
  6. 10. Which category accounts for the greatest percentage of your FICO Credit Score
  7. 14. Which of the following is the right to exclude some income from taxation?