HR BLOCK
BUDGET QUIZ
2024
Question 1: Why is a subsidized student loan more advantageous than a non-subsidized
loan?
a) This is not true. Subsidized loans do not provide any advantages over non-subsidized loans
b) Subsidized loans usually have lower interest rates
c) Subsidized loans usually have a period of time after graduation where payments are not
required
d) Subsidized loans do not have to be paid back
e) Subsidized loans usually have lower interest rates and a period of time after graduation
where payments are not required
Answer: Subsidized loans usually have lower interest rates and a period of time after
graduation where payments are not required
Question 2: Suppose you filed your taxes and received a small refund from the IRS.
What would have been the impact on the refund amount if you had decreased the W-4
allowances for that tax year?
a) The refund would be larger
b) The refund would be smaller or you may owe taxes
c) The refund would not change
Answer: The refund would be larger
BUDGET QUIZ
2024
Question 1: Why is a subsidized student loan more advantageous than a non-subsidized
loan?
a) This is not true. Subsidized loans do not provide any advantages over non-subsidized loans
b) Subsidized loans usually have lower interest rates
c) Subsidized loans usually have a period of time after graduation where payments are not
required
d) Subsidized loans do not have to be paid back
e) Subsidized loans usually have lower interest rates and a period of time after graduation
where payments are not required
Answer: Subsidized loans usually have lower interest rates and a period of time after
graduation where payments are not required
Question 2: Suppose you filed your taxes and received a small refund from the IRS.
What would have been the impact on the refund amount if you had decreased the W-4
allowances for that tax year?
a) The refund would be larger
b) The refund would be smaller or you may owe taxes
c) The refund would not change
Answer: The refund would be larger
