WISE ACTUAL EXAM PAPER 2026
QUESTIONS WITH ANSWERS GRADED A+
◍ variable expenses.
Answer: change from one period to another,examples Electricity and food
expenditures
◍ capital gains.
Answer: are profits made from the sale of capital assets such as stocks and
bonds
◍ Automatic Teller Machine.
Answer: Machine, which allows a person to make a deposit or withdrawal
from their account without having to go to the bank.
◍ reconciling a checking account.
Answer: If a person makes a deposit of $10,000 or more into a bank
account, the bank must notify the, The act of checking all transactions on
your bank statement with your check registry to make sure everything adds
up to the same amount.
◍ How does the Model show the interaction among setting, characters, and
plot right from the start ?.
Answer: It shows that in the first paragraph of the folktale, the setting [a
rural Japanese village of long ago] shapes the characters [the young farmer
and his aged mother, who at first live happily] and influences the conflict of
the plot [that by the cruel lord's decree, the old woman is to be left in the
mountains to die].
◍ Compound Interest.
Answer: interest computed on the amount saved plus the interest previously
earned
,◍ Money Order.
Answer: a type of check used to pay bills or make payments for which the
money is guarenteed
◍ volatility.
Answer: how easily the interest or cash value of an investment can change
◍ How does the "old woman" thwart Lord Higa and save the village? What
inference can you make about her from her ability to solve Lord Higa's three
difficult tasks?.
Answer: The "old woman " thwarts Lord Higa, who wants to take over the
village, by accomplishing the three seemingly impossible tasks that he has
set down. Each time, the "old woman" found a way to solve the problem and
accomplish the task, even though the wise men of the village had no
solutions (paragraph 40).
◍ decree.
Answer: to give an official order for something to be done
◍ budget variance.
Answer: the difference between the budgeted amount and the actual amount
that you spend
◍ common stock.
Answer: stock in a public corporation; returns vary, but higher risk
◍ whole life insurance.
Answer: A Policy that accumulates cash value.
◍ At what age were the elderly banned from the village?.
Answer: 71
◍ special endorsement.
Answer: the check can be transferred to another person after the receiver
signs the back and writes who is to get ownership of the check
◍ Credit Union.
Answer: Money deposited is usually loaned only to members. Membership
, usually consists of people in a given job, trade, industry or other related
group,
◍ purpose of Insurance.
Answer: The _______is to insure major potential losses and handle small
losses from one's own resources.
◍ personal property floater.
Answer: Would be appropriate for a woman receiving a very expensive
piece of jewelry, but has homeowners insurance.
◍ What is the first challenge Lord Higa gives to the Village?.
Answer: The Villagers had to bring him a box of 1,000 ropes of ash
◍ Character.
Answer: good reputation, Integrity
◍ Stock Exchange.
Answer: a business organization that accommodates the buying and selling
of securities
◍ exempt from state and local taxes..
Answer: The interest earned on United States Series EE Savings Bonds is
◍ Department store charge cards..
Answer: Which of the following is considered to be open-end credit?
◍ Underinsured.
Answer: Covers bodily injuries to you when hit by a person who does not
have enough insurance.
◍ stock.
Answer: a share of ownership and interest in the assets and earnings of a
company
◍ get advice from your friends.
Answer: will help you the least in managing your money?
◍ capital gains on the investment will be taxed at a lower rate..
QUESTIONS WITH ANSWERS GRADED A+
◍ variable expenses.
Answer: change from one period to another,examples Electricity and food
expenditures
◍ capital gains.
Answer: are profits made from the sale of capital assets such as stocks and
bonds
◍ Automatic Teller Machine.
Answer: Machine, which allows a person to make a deposit or withdrawal
from their account without having to go to the bank.
◍ reconciling a checking account.
Answer: If a person makes a deposit of $10,000 or more into a bank
account, the bank must notify the, The act of checking all transactions on
your bank statement with your check registry to make sure everything adds
up to the same amount.
◍ How does the Model show the interaction among setting, characters, and
plot right from the start ?.
Answer: It shows that in the first paragraph of the folktale, the setting [a
rural Japanese village of long ago] shapes the characters [the young farmer
and his aged mother, who at first live happily] and influences the conflict of
the plot [that by the cruel lord's decree, the old woman is to be left in the
mountains to die].
◍ Compound Interest.
Answer: interest computed on the amount saved plus the interest previously
earned
,◍ Money Order.
Answer: a type of check used to pay bills or make payments for which the
money is guarenteed
◍ volatility.
Answer: how easily the interest or cash value of an investment can change
◍ How does the "old woman" thwart Lord Higa and save the village? What
inference can you make about her from her ability to solve Lord Higa's three
difficult tasks?.
Answer: The "old woman " thwarts Lord Higa, who wants to take over the
village, by accomplishing the three seemingly impossible tasks that he has
set down. Each time, the "old woman" found a way to solve the problem and
accomplish the task, even though the wise men of the village had no
solutions (paragraph 40).
◍ decree.
Answer: to give an official order for something to be done
◍ budget variance.
Answer: the difference between the budgeted amount and the actual amount
that you spend
◍ common stock.
Answer: stock in a public corporation; returns vary, but higher risk
◍ whole life insurance.
Answer: A Policy that accumulates cash value.
◍ At what age were the elderly banned from the village?.
Answer: 71
◍ special endorsement.
Answer: the check can be transferred to another person after the receiver
signs the back and writes who is to get ownership of the check
◍ Credit Union.
Answer: Money deposited is usually loaned only to members. Membership
, usually consists of people in a given job, trade, industry or other related
group,
◍ purpose of Insurance.
Answer: The _______is to insure major potential losses and handle small
losses from one's own resources.
◍ personal property floater.
Answer: Would be appropriate for a woman receiving a very expensive
piece of jewelry, but has homeowners insurance.
◍ What is the first challenge Lord Higa gives to the Village?.
Answer: The Villagers had to bring him a box of 1,000 ropes of ash
◍ Character.
Answer: good reputation, Integrity
◍ Stock Exchange.
Answer: a business organization that accommodates the buying and selling
of securities
◍ exempt from state and local taxes..
Answer: The interest earned on United States Series EE Savings Bonds is
◍ Department store charge cards..
Answer: Which of the following is considered to be open-end credit?
◍ Underinsured.
Answer: Covers bodily injuries to you when hit by a person who does not
have enough insurance.
◍ stock.
Answer: a share of ownership and interest in the assets and earnings of a
company
◍ get advice from your friends.
Answer: will help you the least in managing your money?
◍ capital gains on the investment will be taxed at a lower rate..
