UGBA 135 CERTIFICATION PAPER 2026
FULL SOLUTION GRADED A+
● Medicare is health insurance for people 50 or older and people under
50 with certain disabilities or end stage renal disease.. Answer: FALSE
(65+)
● Medicare Part A, Hospital Insurance is free (i.e., no monthly premium)
to most Americans over 65. However, people must pay for Medicare
Parts B, C, and D if they want them.. Answer: TRUE
● Who needs an advance (healthcare) directive? (select the most
comprehensive answer that is true.). Answer: Every adult
● If you have an advance (healthcare) directive, your doctors will follow
the instructions in the advance directive even if you are conscious and
able to communicate that you've changed your mind.. Answer: FALSE
(if you are conscious & able to communicate, that takes precedent)
● If you don't have a will, the laws of your state or the states in which
you own property are going to determine who gets your property after
you die.. Answer: TRUE (your family has to go to probate court)
, ● Which of the following is, on average, true as older people age..
Answer: Their financial literacy DECREASES, but their confidence in
their financial literacy DOES NOT DECREASE.
● Salary Negotiation. Answer:
● Which of the following are recommended resources for researching
salary data for your upcoming job?. Answer: Levels.fyi, 81cents, and
Payscale.com
● It is legal in all US states for employers to ask you what your salary
was at your past job.. Answer: FALSE
● When negotiating your compensation for a job you applied for at a
new company, who should be your main contact for the negotiation?.
Answer: Your hiring manager
● Before beginning a negotiation on any topic, you should have already
done your research and have set clear points for which of the following?.
Answer: Aspiration point AND Resistance point
● You are evaluating an job offer you just received from CoolCompany,
your top choice employer. You should now.... Answer: Request a few
days to think about their offer
FULL SOLUTION GRADED A+
● Medicare is health insurance for people 50 or older and people under
50 with certain disabilities or end stage renal disease.. Answer: FALSE
(65+)
● Medicare Part A, Hospital Insurance is free (i.e., no monthly premium)
to most Americans over 65. However, people must pay for Medicare
Parts B, C, and D if they want them.. Answer: TRUE
● Who needs an advance (healthcare) directive? (select the most
comprehensive answer that is true.). Answer: Every adult
● If you have an advance (healthcare) directive, your doctors will follow
the instructions in the advance directive even if you are conscious and
able to communicate that you've changed your mind.. Answer: FALSE
(if you are conscious & able to communicate, that takes precedent)
● If you don't have a will, the laws of your state or the states in which
you own property are going to determine who gets your property after
you die.. Answer: TRUE (your family has to go to probate court)
, ● Which of the following is, on average, true as older people age..
Answer: Their financial literacy DECREASES, but their confidence in
their financial literacy DOES NOT DECREASE.
● Salary Negotiation. Answer:
● Which of the following are recommended resources for researching
salary data for your upcoming job?. Answer: Levels.fyi, 81cents, and
Payscale.com
● It is legal in all US states for employers to ask you what your salary
was at your past job.. Answer: FALSE
● When negotiating your compensation for a job you applied for at a
new company, who should be your main contact for the negotiation?.
Answer: Your hiring manager
● Before beginning a negotiation on any topic, you should have already
done your research and have set clear points for which of the following?.
Answer: Aspiration point AND Resistance point
● You are evaluating an job offer you just received from CoolCompany,
your top choice employer. You should now.... Answer: Request a few
days to think about their offer
