Category Finance

When making critical decisions about your healthcare preferences and treatment options near the end of life, two key documents play a central role: Advance Directives and Living Wills. These legal instruments empower individuals to outline their medical wishes and appoint…

The key distinction between amortisation and capitalization is that amortisation describes allocating the cost of an intangible asset over time for accounting and tax purposes. In contrast, capitalization records an expense as an asset to be depreciated, amortised or evaluated…

Accounting and economics are two top choices for people considering a career in any financial discipline. The two paths have a lot of similarities but are inherently very different. It would help if you recognized the difference between these two…

Estimating asset depreciation is a crucial component of accounting. It assists in determining their exact and correct value. This is also beneficial in methods such as taxation. Depreciation expense and accumulated depreciation are two types of depreciation that differ in…

The concept of stockholding and investments offers comprehensive wealth management and financial advisory services, which help one make intelligent financial planning decisions. AMC and TER are related abbreviations for Stocks and Investments. In both cases, AMC and TER, several more…

Accounting has a central place to occupy, whether it is a common home, government, or a business enterprise. Accounting ensures the prevention of fraud and illegal practices and traces the losses well. Accounting concepts and conventions are two accounting principles…

Many countries or groups of people are impoverished as they cannot afford necessities like proper food or hygienic living conditions. However, poverty can be understood in two different types. The two main types are Absolute and Relative Poverty. There are…

An advisor and a broker might seem roughly the same for somebody with little financial knowledge. However, the roles performed by both of these are very different. It is important to know the difference for anybody starting with their financial…

Trading has been a crucial and very popular method of financing for centuries. Trading has its benefits and some cons as well. However, today, trading has gained so much popularity that it is not just limited to a small level…

During the production of any product, it is important to know the manufacturing cost of each product. Costing helps the company in strategic and profitable decision-making. It is an important component in determining the total production costs of the product.…

Accounting is a way of collecting and recording all kinds of transactions in one place. The phrase “profit” is a term mainly used in accounting. In business, if the amount spent to manufacture any product is less than the amount…

Accounting and Finance are terms used interchangeably, but both confuse people. At the same time, both are related to the administration of an institution and an organization’s money and assets. It is important to know about both terms to evaluate…

Consumers these days rarely make payments with the traditional means of payment. These include paying through cash or signing a cheque to pay the seller of a commodity or service. Instead of these, digital and electronic transactions are the trends…

Any country or any individual needs economic support to start their business or provide funding for their projects. It also may be needed by any organization to develop its programs. To simplify this process, we need aid and grants followed…

Exact Answer: 60 Days A credit charge can be defined as a charge, interest, or a kind of fine imposed on a credit transaction of goods or services. Credit charges are also applied by credit card companies to their customers…

Exact Answer: 3 – 5 Business Days A pending transaction refers to a transaction that has not been completed successfully and is still pending. Typically, recent card transactions that have not been fully processed by the merchant are shown as…

Exact Answer: 30 To 45 Days Credit is approved with proper terms and conditions that can keep the lender satisfied that they will get back the money they have loaned to the loan seeker. These terms and conditions can be…

Exact Answer: 7 years After delinquency, the collection can stay on the credit for around 7 years. The credit reporting companies would remove or delete the collection from the credit. If the collection is not deleted from the credit after…

Exact Answer: 2 days If the transaction is standard and can be verified by the bank, then the pending deposit can take around 2 days. The pending deposits with extremely large amounts would take more than 2 days. The type…

Exact Answer: 3 days The bank transfer would take around 3 days depending on the type of bank. There are many types of financial organizations, and the bank transfer time may be different for each one of them. Sending funds…

Exact Answer: 21 Days There is a lot to learn about finance and banking in this world. There are more than thousands of banks in the world and more branches. A person should know all about getting a job, getting…

Exact Answer: Up To 16 Weeks An amended tax return is a tax return that one files to correct their original tax return information. For example, if one discovers that they made a mistake on their original tax return, one…

Exact Answer: Up to 21 Days Paypal is a platform that is used by business owners, buyers, sellers to receive or collect their payments. They sell their goods and products through an online mode. As per the protocols of the…

Exact Answer: Within 24 hours Car Insurance providers accept reporting the accident within 24 hours of the accident. There are many conditions and circumstances due to which at times, it is not possible to report the accident within 24 hours.…

Exact Answer: 2 to 3 Weeks A mortgage application is an application sent to a financial institution for the mortgage of any asset. The person sending this application might need money and if they have an asset of that value,…

Exact Answer: 3 to 5 Days PayPal is a very popular means of conducting online transactions. A person can send and receive payments with the help of PayPal provided that they have a bank account, debit card, or credit card.…

Exact Answer: One To Six Months A Credit score is scoring based on which a person can borrow money or take a loan from a bank or a financial institution. The ranking is almost standard in many states across the…

Exact Answer: Up to 15 years The financing terms for an RV would not be the same for all the banks. There are many factors such as credits unions and finance companies that would influence the finance terms of RV.…

Exact Answer: 2 Years According to the Income-tax Act, 1961, every income applicable to tax should be shown under separate heads of incomes, like, income from salary, income from house property, income from capital gains, income from other sources, etc.…

Exact Answer: 7 Years A credit report is a summary statement showing a detailed breakdown of a person’s past credit payments history as well as the current status of credit accounts. It reflects how efficiently the person in consideration has…

Exact Answer: 48 Months To 72 Months If you are about to buy a used car or commonly known as secondhand cars or you are planning to buy then multiple checks should be performed regarding the car and another important…

Exact Answer: 21 Days Whenever a landlord charges the tenant a sum that is not the rent or its advance payment, the paid sum can be referred to as the security deposit. The deposit remains with the landlord from the…

Exact Answer: 90 to 180 Days Powerball is one of the most acclaimed lottery games in the world. It is particularly popular in the United States of America and is available to play in 45 US states including the district…

Exact Answer: 30 to 60 percent of the length of the marriage Alimony is a sum of money or a form of financial support that a person is required by law to give their spouse while separating or finalizing a…

Exact Answer: Debts Due For At Least 6 Months The garnishment of wages is a process by which the creditors of a person can garnish a certain amount from the borrower’s paycheck. Such a process sets into motion on the…

Exact Answer: 3 to 6 Years Writing off of the debt implies that the amount lent or spent on a project might never be returned to the firm. Usually, when a firm lends money or invests in a project, it…

Exact Answer: 7 years With several invoices to remember, it’s easy to overlook a payment. Late payment may not be a big concern if you detect it immediately away, but the longer your account is past due, the higher the…

Exact Answer: 2 Weeks A credit card is a modern facility that allows the credit card holder to borrow a line of credit from the concerned credit card company for one’s purchases, payments, and other obligations. As credit cards enable…

Exact Answer: 7 – 10 Years A credit report, also sometimes called a credit file or credit history can be defined as a summary statement mentioning a detailed breakdown of one’s credit transactions. It is prepared by a recognized credit…

Exact Answer: 1-3 Weeks We know that it can be quite confusing for people to know the exact amount of time that balance transfers take. Well, depending on your card issuer, it could take up to six weeks for a…

Exact Answer: 3 Years It’s only normal to be concerned about an IRS audit, and the length of audit periods can be terrifying. If we look at some tax attorney, he keeps track of the length of your audit exposure…

Exact Answer: 5-6 Weeks  We all know how important it is for all of us to get a good job. It is quite clear that we study hard and do all we can with a common goal in mind. Everyone…

Exact Answer: 1 Year Bank and credit card statements arrive regularly, either by mail or electronically. Examining them is a vital part of keeping your finances in order. But most people are not sure about the amount of time for…

Exact Answer: 1 To 2 Months There are many vital things a person should know, like driving, insurance policies, paying bills and rent, and banking. Since the development of technology, many things have become very easy to do. In the…

Exact Answer: 2 Months There are many things to know about the world of employment. How to save up money, how to get a good job, how to rise from one’s position, and finally, about the famous “401k”. There is…

Exact Answer: 6 Years Debts are certainly a great pressure to anybody as time passes by. Some people would have been lucky enough to get debts without interest, but some get debts with minimal interest and others with a great…

Exact Answer: 3 to 6 Years Business records refer to those documents which can be used for future references owing to any reasons. They may be books of accounts or just government certificates to the business organization regarding the conduction…

Exact Answer: Five Weeks SBA, otherwise known as Small Business Administration offers loan services to small start-ups and organizations that are under the count of 500 employees. These loans are provided by the U.S Small Business Administration in association with…

Exact Answer: 1 to 2 Business Days To make bill payments faster and easier a financial institution was founded in 1997 name as BPAY. BPAY is a way to pay bills online. It is an electronic payment system that is…

Exact Answer: 15-30 Minutes Electronic transfers are a quick, easy way to move money between bank accounts. It is very convenient and fast to get things done. E-transfers can take up to 15-30 minutes to process, and the receiving bank…

Exact Answer: 14 Days Unemployment compensation is intended to assist employees who have lost their jobs with a temporary source of income. Unemployment compensation is given to people who’ve lost their jobs due to no mistake of their own. The unemployment…

Exact Answer: 1-3 Days The Cash App, as the name suggests, is a money-transfer app. Cash App allows you to transfer and receive money instantly. Cash App can be used to pay rent, make donations, and even to give tips.…

Exact Answer: Until 2023 Until at least the next 2 years, interest rates are projected to stay low. The federal funds rate, which is the overnight borrowing rate for banks, will remain at zero, as per the chairman of the…

Exact Answer: Approximately Two Years COBRA is a commonly used acronym for The Consolidated Omnibus Budget Reconciliation Act of the United States of America. This facilitates the staying of an employee in their employer’s group insurance plan, even when they…

Exact Answer: Until 26 Years If a parent’s health insurance plan covers dependents, children are covered until age 26 under the Affordable Care Act (ACA). If the parent’s health care policy covers dependents, they must be covered until the child…

Exact Answer: 3 to 7 years In today’s economically growing globe, a car is both a need and a convenience for moving about the ever-expanding metropolis. Although not everyone has the financial means to buy a car at a time,…

Exact Answer: 9 to 18 digits A bank account is a type of financial account kept by a financial organization. The consumer can make deposits and withdrawals from his or her account. The functions, on the other hand, are dependent…

Exact Answer: Up to 6 weeks A balance transfer is the transfer of one’s account balance to another account of the same kind or different. The term is most commonly used to describe a credit card balance transfer. In simple…

Exact Answer: 2-3 Weeks SBA or Small Business Administration is a United States agency that provides governmental support to small entrepreneurs and businesses. It works intending to maintain and strengthen the nation’s economy by establishing and viability of the small…

Exact Answer: Up to 20 years Boat financing is very similar to financing a home or car. There are many things that have to be considered before financing a boat. The interest rate and the down payment would play a…

Exact Answer: Up to 1 year Improving the credit score would take around 12 months. If the credit score is low, then it can be increased with the correct approaches. Some reasons behind low or poor credit scores are problems…

Exact Answer: Up to 7 years The lender would take away the assets of the borrower, such as vehicles and this state is called repossession. This condition would arise when the borrower fails to repay the loan taken from the…

Exact Answer: 7 – 10 Years People file for bankruptcy for a number of reasons, the most prevalent of which are financial hardships caused by unforeseen occurrences such as job loss and medical concerns. When filing for bankruptcy, it takes…

Exact Answer: 10 Minutes Bitcoin mining, along with Ethereum mining, is one of the most sought-after cryptocurrency businesses for people looking to get rich quickly. Millions of bitcoin miners continue to purchase mining equipment and consume large quantities of power,…

Exact Answer: A Month Raising children is not an easy task. Particularly, in case, if the child is being raised by a single parent. There are innumerable amounts of expenses to be covered ranging from issues like medical care, education,…

Exact Answer: 6 to 12 months Everybody knows what they should do when they are alive. Some also plan what should happen after their deaths. When a person dies, they take nothing they earned, and with them, they leave everything…

Exact Answer: Up to 14 days The credit card could be approved instantly. It’s the time of arrival that the person has to wait for. A credit card would take around 14 days to arrive. The mode of application plays…

Exact Answer: Till the Child Is 19 Years Old If a person is a citizen of any country, there are certain benefits that they can claim being a rightful citizen. The reason is that they belong to that country, and…

Exact Time: 6 months You can’t expect the check to be good for more than 180 days. Before predicting how long do you have to cash a check, you have to look at the type of check it is. For…

Exact Answer: 10 Days Benefits are offered by governments all around the world, though the benefits may differ according to the countries and many other factors. During pandemics and disasters, many people get unemployed, and there are some benefits that…

Exact Answer: 36 Months A credit card is a type of payment card which is very common and used by almost everyone. These cards are issued to the cardholders by the banks in which they have accounts. Credit cards are…

Exact Answer: 2 years There are things that every person requires to get through their day, and the most important thing of them all is money. Money is required to buy anything in the world. There are many ways to…

Exact Answer: 18 Months COBRA (Consolidated Omnibus Budget Reconciliation Act) was launched in 1985. It was launched by the U.S Congress on the basis of the reconciliation act, which was signed by President Ronald Reagan. This insurance aims to provide…

Exact Time: Up to 7 years The late payments may stay on your credit reports for up to 7 years. Your credit score will be impacted to some extent if the late payment stays on your credit reports for a…

Exact Answer:45 Days Underwriting is the interaction through which an individual or foundation faces monetary danger challenges a charge. This danger most commonly implies credits, protection, or ventures. The term guarantor began from the act of having each daring person…

Exact Answer: 21 Days As everyone knows the effect of covid 19 on the world economy. Almost all the country’s economy is affected. Along with the country’s economy, billions of people throughout the world face various difficulties to sustain their…

Exact Answer: 3 Weeks Unemployment is the situation in which a person doesn’t have jobs or earning for their livelihood. In many countries, there are many unemployment benefits launched by the governments for job seekers for a duration of time.…

Exact Answer: 7 Days Refund is a very common word in the modern world with the increase of modern technologies and internet connections. The refunds are of many types like a Tax refunds, product refunds, and steam refunds. The refunds…

Exact Answer : 2 to 8 days Shipping plays a vital role in the e-commerce industry for buying and selling goods over the internet. Some customer wants their items urgently, while others are satisfied with the speed that a product…

Exact Answer: 7 – 10 Days Having a bank account has now become essential for almost every person. For withdrawing cash or for depositing one’s own money, bank accounts are necessary. In an era where everything is becoming cashless, bank…

Exact Answer: 30 To 45 Days Money is a very important source in a human’s life to live a healthy and prosperous life. Money is not everything, but it’s still an important thing to be considered. Without it, one cannot…

Exact Answer: 90 Days A mortgage pre-approval letter is a letter sent by the mortgage lender to a borrower. This letter primarily states the amount that the lender agrees to lend to the borrower and its underlying terms and conditions.…

Exact Answer: 3 Days Direct deposits are the programmed electronic deposits of assets into a financial balance that replaces giving a check. It is a protected method to accept someone’s check and different advantages. At the point when they get…

Exact Answer: 2 to 45 Years Workers Comp is the term used for workers’ compensation. It is a type of insurance that provides medical benefits and wage replacements to the employees who are injured while working.  If any worker gets…

Exact Answer: 2- 5 business days In general, it takes about two business days for a deposited check to clear. But sometimes it takes a little longer than usual about four to five business days for the banks to receive…

Exact Answer: About 4 To 9 Weeks Since time immemorial, in all ages, money has always been regarded as an important medium of exchange and a tool of payment. When we didn’t have a monetary system, we had a barter…

Exact Answer: 10 years Bankruptcy may be a legitimate process through which individuals or other entities who cannot reimburse obligations to lenders may look for alleviation from a few or all of their obligations. In most purviews, bankruptcy is forced…

Exact Answer: 21 Days The Internal Revenue Service (IRS) is the income service of the United States government, which is dependable for collecting charges and regulating the Internal Revenue Code, the most important body of the government statutory that assess…

Exact Answer: 7 to 30 days Amazon is an American multinational conglomerate that centers on e-commerce, cloud computing, computerized streaming, and manufactured insights. It is one of the Huge Five companies within the U.S. information technology industry, at the side…

Exact Answer: 6 Months A check is a well-composed, dated, and most importantly precisely marked instrument that helps a bank pay a specific amount of money to the bearer. The individual or element composing the check is the payor or…

Exact Answer: 5 months The period for the completion of the Budget Reconciliation Process extended from 27 days for the Omnibus Budget Reconciliation Act of 1990, 384 days for the Tax Increase Prevention and Reconciliation Act of 2005. The entire…

Exact Answer: 21 Days When the taxpayer pays his taxes more than what is due, a need for a federal tax refund arises. A refund or rebate of taxes is made to compensate the taxpayer for the excess of tax…

Exact Answer: 20 to 45 Days An income tax return may be a form or form that’s filed with a tax professional’s assistance that reports income, expenses, and other relevant tax information. Tax returns allow the taxpayers to calculate their…

Exact Answer: 20 Days Sometimes, an individual may end up paying more income tax than they are liable to pay. In such situations, the government refunds any excess amount paid. This money received from the federal government is called an…

Exact Answer: 2 Business Days Whether it’s about depositing or withdrawing cash or taking loans, people come to the bank to deal with it. Banks help needy people in improving their financial problems. Even though it has been made easier…

Exact Answer: 12 – 23 Weeks The state of Florida administers unemployment benefits for its citizens. The benefits are governed by the Reemployment Assistance Program through the Florida Department of Economic Opportunity. The Reemployment Assistance Program provides temporary and partial…

Exact Answer: 3 Years Nearly one-third of American students are opting for student loans deferment to pay out their education fees. Because during the deferment period the government takes the whole duty to pay the student fees and this deferment…

Exact Answer: 1-3 Weeks A tax refund is the money you get back when you pay more taxes to your state government that or the federal government. Through the payroll withholding, the government cuts a check for the amount that…

Exact Answer: Up to 30 Days Paypal is renowned for its quick and easy money transfer functioning. You can request or send money to your family and friends abroad just by using your Paypal application. The working structure of Paypal…

Exact Answer : 3 to 6 Months The banking world is so huge across the different countries. Every country has its norms for every sphere of the banking world. Now, a check is something that is mostly used for both…

Exact Answer: 1 Year A bank is a financial institute that is present in every country, every state, and every district. They accept all your deposits in the form of money creating demand deposits by the public and providing them…

Exact Answer: At Least 30 Years Figuring out exactly how many years one’s money will last is not an exact science. Many unforeseen factors can influence this decision like inflation rate, return on investment, sudden expenses, etc. All these factors…

Exact Answer: 30 to 60 Days The population of the world has reached almost 8 billion. People are crowding on the Earth. With the increase in the number of people, demand for basic needs also increases.  House, water, air, and…

Exact Answer: About 21 Days The Internal Revenue Service (IRS) is the revenue service of the United States federal government. It is responsible for collecting taxes from U.S. citizens and administering the Internal Revenue Code. It is the main body…

Exact Answer: 3 Weeks Careers choices are getting broader every day. There are many beneficial claims for every job. Many situations increase the number of unemployment. Natural disasters, and many other issues can cause unemployment on a great scale. In…

Exact Answer: Three Weeks Just like people get jobs in a minute, they can lose the job in seconds. There can be various reasons why one loses a job. Incompetence, the closing of offices, natural disasters and much more. Unemployment…

Exact Answer :  5 – 21days EIDL stands for Economic Injury Disaster Loan. EIDL majorly helps small businesses and non-profit organizations. The SBA’s EIDL program gives financial assistance to the developing small businesses to install themselves. It is a low…

Exact Answer: 26 weeks Careers are very important for anyone in the world. There are different types of careers in the world that stabilize the economy. Some careers are more widespread than others. Whatever the career may be, employers want…

Exact Answer: 7 Years Tax reporting means tax returns, tax return working papers, documents relating to any tax dispute, and any other ledger or records that must be kept in accordance with applicable tax laws or any accounting agreement with…

Exact Answer: 70 Years to 80 Years. This figure mentioned above is not about one or two million dollars, but it is a massive amount of ten million dollars. This is a hefty amount. At times some people dream for…

Exact Answer: 7 Years According to the Income Tax Act of 1961, everybody whose general every year earnings is above a particular threshold is obligated to pay earnings tax. Tax submitting is the technique of calculating a tax due, growing…

Exact Answer: 19 Years A million dollars might seem like a lot of money to some people, but it doesn’t last long. After taxes, the average person will only have $500k left in their account after 30 years. That means…

Exact Answer: After 7 years Tax is a mandatory payment to the nation’s government without any consideration. Without any consideration means we cannot demand anything from the government after paying tax. Taxation is necessary to run a nation with good…

Exact Answer: After 26 weeks Unemployment benefits are also known as unemployment insurance and sometimes also known as unemployment compensation. It is financial help from the government to the unemployed. The unemployment benefits are only for those who registered themselves…

Exact Answer: 6 years IVA (Individual Voluntary Arrangement) is a formals way to avoid bankruptcy in tough situations. It is an agreement between you and your creditors who lend money to you by keeping a guaranty with them to make…

Exact Answer: 60 Days If a person is self-employed then he/she is dominant compared to the other unemployed person, but there are certain times where a human wants to stand on his/her own but due to the financial conditions of…

Exact Answer: 90 to 180 days IPO is an abbreviation that connotes the initial public listing of a company’s shares. It essentially means that the company in question has decided to list its stocks on the public market forum of…

Exact Answer: Up to 2 weeks PUA is the shortened version of Pandemic Unemployment Assistance. As the name suggests, this is a program that aims to aid those who have been affected by the COVID-19 pandemic. Millions worldwide have been…

Exact Answer: After 9 months The date by which the company’s accounting period is going to end is known as the ‘Year end’ of a Company. It also includes the same date when the time starts ticking around to send…

Exact Answer: 6 Months One should wait for 6 months so that they can change their jobs. Waiting for such time will not harm you because you might have waited enough for getting GC. To obtain the green card according…

Exact Answer: 120 Days An FHA appraisal is done so that to check you can qualify for an FHA loan. An FHA appraisal is not at all similar to FHA inspection because in the case of an FHA appraisal things…

Exact Answer: After 30 – 45 days  The transaction of money has always been a sizzling topic for everyone, especially when that transaction is online or in other words, through e-mediums. Even though most of the transactions in modern times…

Exact Answer: After 21 to 22 days EIDL is a type of loan set by SBA. Organizations like small cooperative houses, some private-sector unions, and secondary companies are eligible for this loan scheme. This is because if they suffered or…

Exact Answer: Two Days Most people want to work in the corporate sector, and it is not easy to get a job directly into a company. Companies have made strict policies about recruiting and selection processes to get the best…

Exact Answer: Three Months In Queensland, Australia, citizens who own a motor vehicle are supposed to register their vehicle with the government. This registration is done through the number plate and other details of the car and its owner. Everyone…

Exact Answer: After One Day Unemployment is a severe issue in people’s day-to-day life. The whole standard of living of a person collapses when there is unemployment. There are different types of unemployment. People can fall sick, take maternity leave…

Exact Answer: 7-28 days Buying a new home can be very stressful as it follows a very structured process that involves many documents. Once you’ve set your eyes on a home and have contacted the seller. Once you’ve been accepted,…

Exact Answer: After 3 weeks A midwestern state of the United States, bordering Indiana in the east and the Mississippi River in the west, is Illinois. And it hardly takes 2 to 3 days after the certification for benefits, and…

Exact Answer: Two Months Health issues are a severe issue in people’s day-to-day life. The whole standard of living of a person collapses when there is an injury. There are different reasons for a person to take workers compensation. People…

Exact Answer: After two to four weeks Today, an appraisal is a standard and minimum requirement for all mortgages. An FHA appraiser will overview the property, inspect it and prepare the report based on the investigation. The property should meet…

Exact Answer: After 8 to12 months A will is a legitimate and valid document that conveys one person’s desires as to how their property is to be managed and also to be distributed after their death until the ultimate distribution.…

Exact Answer: Within 10 To 15 days There are some benefits which everyone should enjoy as a normal human being. Everyone should have equality and everyone should have a right to it. The same thing applies to the benefits provided…

Exact Answer: After 14 days  The table called life always keeps turning and one cannot predict the exact kind of fold lying in the future course of time. People are busy surpassing all the odds no matter what by taking…

Exact Answer: After Every 45 Days Maintaining a proper credit score and taking a balanced eye on every market is a must for a businessman to carry on the market. There are several markets available at this present time, and…

Exact Answer: Up To 9 Weeks The Internal Revenue Service (IRS) aims to process most returns within 24 hours of receipt, but it can take up to three or nine for a tax refund after identity verification. The IRS advises…

Exact Answer: 5 Months In the United States of America, there is a program under which the government provides medical, financial, and other kinds of services to those people who have any disability. This happens under Social Security Disability Insurance…

Exact Answer: At least 8 weeks The Department for Work and Pensions (DWP) issues an assessment that tests your capability in work, once you claim ESA, which stands for Employment and Support Allowance. This assessment is to observe and assess…

Exact Answer: After 4 to 6 weeks National Council Licensure Examination, known as NCLEX, contains two tests to practice as a standardized nurse either as an LPN or as RN. It is necessary to pursue a respective nursing degree and…

Exact Answer: Up to 3 Months The Social Security Administration in the United States of America provides financial help to those who are in need. The people of the United States can register themselves under Supplemental Security Income and get…

Exact Answer: One Week Unemployment is a severe issue in people’s day-to-day life. The whole standard of living of a person collapses when there is unemployment. There are different types of unemployment. People can fall sick, take maternity leave and…

Exact Answer: Two Months An SBA loan, which stands for Small Business Administration loan, is essentially a property issued by an SBA-approved lender and insured by the Small Business Administration. These SBA-approved lenders can be SBA-approved banks and lending institutions that…

Exact Answer: 3 Years Today with the ever-growing economy, people have started holding real estate in houses, condos, and corporate buildings, which then add to the asset’s status of an individual most people get these properties on mortgage or loans.…

Exact Answer: Immediately Today the most developed nations have realized the potential of their human resources, since humans are capable are transforming anything into what they desire using technology and minds. Developed countries like the USA have started emphasizing the…

Exact Answer: 48 hours to 10 days The EDD or Employment Development Department is a division of the US government in California that deals with providing various services and benefits to businesses, unemployed citizens, and workers. In addition, there are…

Exact Answer: After 7 to 10 years When a certain organization is not able to honor or pay off the financial obligations or is not able to pay back to its credit lenders, then without any option left it files…

Exact Answer: After 45 – 60 days After a reward is processed with retired pay concerned, it takes DFAS 45-60 days to produce the audit work to VA that informs them what quantity of the antecedently withheld funds to unharness…

Exact Answer: After 12 Weeks Health is one of those factors which comes under the most priority sectors in human life. If one’s health is not well and good, then one is not going to serve his duty regularly. But…

Exact Answer: 30-45 Days A home equity loan is a kind of loan that most people prefer to borrow so that to use their home’s equity as collateral. It is then the loan amount that is determined by looking or…

Exact Answer: 30 To 40 Days An escrow agreement is a contract that has all the terms and conditions of a transaction in real estate, as well as each party’s responsibilities. Escrow agreements involve an independent third party, known as…

Exact Answer: Within 21 days People who live in the United States and pay taxes receive a certain amount of money from the US government in the form of a stimulus check. The reason for the distribution of stimulus checks…

Exact Answer: 4 days eBay is a shopping website that can be accessed online. It is one of the most famous e-commerce marketplaces out in the digital world. It is most known for its consumer-to-consumer selling and online auctions. Online…

Exact Answer: After 90 to 100 Days FHA which stands for Federal Housing administration insures mortgage loans, which are also known as FHA loans. According to Willow, in between the early to late 1930s as a part of the government’s…

Exact Answer: Four To Six Months Money is one of the most important tools for conducting our daily business. Similarly, without money, people cannot live in today’s market. Money is what money does, whether the money has been lent from…

Exact Answer: Seven Days An appraisal is a financial term that means to determine the value of a property or land. In simpler terms, it is known as property valuation or sometimes land valuation. This is done by real state…

Exact Answer: After Two Weeks Getting a job these days is difficult for an individual. So is finding a suitable candidate for the vacant position who is actually interested in the job position. Once a candidate successfully clears all the…

Exact Answer: 6-9 Months Death is uncertain and when a person passes away it is the responsibility of the deceased person’s family members to take care of his belongings and all other affairs. If the deceased person has left a…

Exact Answer: Three Months EEOC stands for Equal Employment Opportunity Commission. This is an agency situated in the United States and was established under the act of civil rights in the year 1964. It is a law made for the…

Exact Answer: Within A Month Efile is a term used to refer to the documents submitted to the IRS or Income Revenue Service department of the United States. This department looks over the working of taxes paid by the country’s…

Exact Answer: Three Weeks EDD stands for Employment Development Department, and this department is located in California in the United States. It is responsible for employing many citizens of the country. In addition, it provides employees to many business companies…

Exact Answer: Within A Week CQC stands for Care Quality Commission, and it is a public department of the United Kingdom formed by the UK government to ensure the quality of health care provided in the country. The commission was…

Exact Answer: Three Weeks ESA stands for Employment and Support Allowance. It is a welfare department situated in the UK responsible for paying monetary benefits to young citizens of the United Kingdom. They are unable to find work due to…

Exact Answer: 55 to 65 Years Million Dollars a hefty amount. Sometimes a person dreams for it and sometimes he gets it in real. Mainly it’s an amount people receive after they retire, basically in states. But this question arises,…

Exact Answer: At Most Seven Years DUI stands for Drinking Under the Influence. These are when a driver is caught driving under the influence of alcohol or any other drugs. It is a crime and is also illegal in all…

Exact Answer: Ten Days EDD stands for Employment Development Department, and this department is located in California in the United States. It is responsible for employing many citizens of the country. In addition, it provides employees to many business companies…

Exact Answer: Two Years FHA is a shorthand for a government agency named the Federal Housing Administration of the United States. This agency was founded as a part of the National Housing Act passed in the year 1934. The agency…

Exact Answer: Within 120 Days Filing is a term used to refer to the documents submitted to the IRS or Income Revenue Service department of the United States. This department looks over the working of taxes paid by the country’s…

Exact Answer: 28 days Authority to Exchange or ATE is a part of the Help to Buy scheme of mortgage loan providers that aids home seekers find financing for their dream homes. This equity loan scheme allows buyers to borrow…

Exact Answer: Up to 4 years BK is a shorthand abbreviation commonly used to connote bankruptcy. Bankruptcy refers to a legal provision that helps those who are unable to repay their creditors. It is a form of a fresh financial…

Exact Answer: After about 6 months It’s truly said that “When money speaks, nobody checks the grammar.” The statement transparently articulates that money is prevailing in modern times. So, as per an individual’s status, the bank tries to lend a…

Exact Time: Can be more or less than 5 years Brexit is a word that is being formed by Britain and exit. If you are a UK citizen and have a long desire to work in EU countries, there are…

Exact Answer: Two Weeks EDD stands for Employment Development Department, and this department is located in California in the United States. It is responsible for employing many citizens of the country. In addition, it provides employees to many business companies…

Exact Answer: AAA Basic Membership Can Immediately Be Used After Joining The American Automobile Association (AAA) is an organization that provides roadside assistance for people. They have three main membership plans. They are basic or standard membership, plus membership and…

Exact Answer: After Two Years Bankruptcy is a term used to refer to a condition in which individuals who cannot pay their debts and previous loans seek relief by giving some of their goods and entities and are not asked to…

Exact Answer: Up To Six Years DMP is a shorthand used to connote a Debt Management Plan. A credit counseling agency sets up a DMP to help debtors consolidate their borrowed funds. Usually, those debtors who are unable to pay…

Exact Answer: Within Two Months EOI is the short form of the term Expression Of Interest, also popularly known as Invitation To Tender. It is a document required for a candidate to show interest in working for a company or…

Exact Answer: After One Week EI stands for Employment Insurance, and it is a type of insurance given to the employee working in an organization. This type of insurance is provided to help the worker from some financial problems. The…

Exact Answer: Within Thirty Days The statutory provisions of the United States postulate the need for a valid car title. This document proves the legal ownership of the vehicle and permits the owner to drive it in the country. The…

Exact Answer: Up To Six Years DMP is a shorthand used to connote a Debt Management Plan. A credit counseling agency sets up a DMP to help debtors consolidate their borrowed funds. Usually, those debtors who are unable to pay…

Exact Answer: After Two Years Bankruptcy is a term used to refer to a condition in which individuals who cannot pay their debts and previous loans seek relief by giving some of their goods and entities and are not asked to…

Exact Answer: 15 Minutes Money is a very important factor in this world and it has been since it was discovered. People need money for a lot of purposes. Some people have more money while some people have comparatively less…

Exact Answer: 7 Months During the lifetime of a person, he or she passes through several phases. Starting from when they were infant to childhood, then teenager, then an adult and at last old age. They experience a lot of…

Exact Answer: Six weeks An auction could take place in a rapid manner, where it is very much important to agree with your respective agent for the fore-coming processes on the auction day. According to the law, it is necessary…

Exact Answer: After about 1-2 weeks Most we wish to own a luxurious house, luxurious cars, and other such lucrative things. However, we don’t have any source of income that could readily fetch us the required amount of money. Sometimes,…

Exact Answer: After 8-10 weeks House or property is the biggest investment a person does in his / her life. The decision of doing so, itself takes so much to think deeply over it. But once you decided to go…

Exact Answer: After about 2 to 3 days Amazon is a company based in, Seattle, America. It is an e-commerce site that has been one of the big five industries in America. Apart from all other materials, garments, electronics, Amazon…

Exact Answer: Six Years The banking sector is one of the fastest-growing sectors all over the world. Government, as well as private banks, have been set up in different parts of the world. Banks have a lot of significance, and…

Exact Answer: Up To Six Months ATF stands for trustee for, and this is a person who is a supporter of someone taking a loan from the bank. It is necessary to name a trustee so that if the person…

Exact Answer: Two To Three Weeks A house or a property is something that in today’s world is considered a luxury. Many families live in a rented house that shows that not everyone has land of their own. Currently, the…

Exact Answer: After about 6 to 10 business days In today’s hustle-bustle world, we hardly have time for getting our essentials and shopping done from the market. Although some people manage to spare some time on weekends for this, some…

Exact Answer: Three Years LPN is a term used to refer to licensed practical nurses in parts of Canada and the United States. Their main job is to take care of all the patients and make sure that they get…

Exact Answer: Within A Month LMIA stands for Labor Market Impact Assessment. It is a type of document required in Canada that an employer must have to hire a worker from another country in its organization. It is required to…

Exact Answer: Immediately  With today’s growing scenario and a need for skilled labor or educated labor in the new company, people have to be located to different cities where these companies have established there upfront or to the cities with…

Exact Answer: 12 months to 2 years An individual may file for bankruptcy when he or she is unable to repay the creditors. When a person or organization is under the overwhelming pressure of repaying debt obligations to a number…

Exact Answer- It can take up to 50 days For those who do not have any idea of what a mortgage is it is a type of loan from a bank or from any other financial institution. Now, such loans…

Exact Answer: One Week JSA is a short form for the term Job Safety Analysis. The entire process of applying for JSA is quite detailed and multilayered. Each candidate must undergo a rigorous and grueling interview process to be finally…

Exact Answer: At Least One Year BK stands for bankruptcy, and it is a term used by professionals to describe the procedure followed by federal courts to assist individuals in getting rid of the heavy burden of bank loans and…

Exact Answer: One Month An auction is referred to as selling and buying various goods and services offered to the bidders. The bidders start bidding from an initial price, and the one who makes the highest bid wins the auction.…

Exact Answer: 2 weeks after the decision DLA refers to Disability Living Allowance. It is a sum of money paid to parents or guardians of kids who are living with disabilities. According to the 2016 statutory revision, DLA is paid…

Exact Answer: 3 years DMP is a shorthand used to connote a Debt Management Plan. A credit counseling agency sets up a DMP to help debtors consolidate their borrowed funds. Usually, those debtors who are unable to pay back the…

Exact Answer: 36 months Cobra means Consolidated Omnibus Budget Reconciliation Act. It gives health benefits even after losing the job or reducing the working hours and so on. For cobra, your first action should be to contact your HR and…

Exact Answer: 5 Days The term justice is very important in the modern world. It holds a high place in society. Continent, country, people, culture, religion, etc., can be different by the meaning of justice remains the same for every…

Exact Answer: Two To Three Months Bankruptcy is a term used to refer to a condition in which individuals who are unable to pay their debts and previous loans seek relief by giving some of their goods and entities and…

Exact Answer: One To Two Weeks BMW stands for Bayerische Motoren Werke, and it is a multinational corporation of Germany which is famous for producing luxury motorcycles and vehicles. The company was first established in 1916 and started manufacturing aircraft…

Exact Answer: Four Weeks CML stands for council of mortgage lenders. It is an industry body that represents multiple mortgage lenders located in the United Kingdom. The members in the industry are included from specialist lenders, building societies, and various…

Exact Answer: At Least two Days Customs is referred to an agency or company of a nation responsible for charging tariffs on goods. It is also responsible for controlling the goods flow. The types of goods include animals, personal belongings,…

Exact Answer: Two To Seven Days McDonald’s corporation or more famously known as McDonald’s is a chain of fast-food companies with the leading company situated in America. American brothers Maurice and Richard McDonald founded the company in 1940. At that…

Exact Answer: 10 Days Or A Week Most people want to work in the corporate sector and it is not easy to get a job directly into a company. Companies have made strict policies about recruiting and selection processes so…

Exact Answer: Around a week JP Morgan is a financial organization. It is one of the four big banks in America. Also, it is a dream of a lot of people to have a good position in JP Morgan. In…

Exact Answer: Around 2 Weeks Getting a job these days is difficult for an individual. So is finding a suitable candidate for the vacant position who is actually interested in the job position. Once a candidate successfully clears all the…

Exact Answer: during or immediately after the leave Maternity leave is one of the basic employee rights and benefits which is available in almost all countries. Maternity leave is a period “off-work” which the mother gets before or after having…

Exact Answer: Up To Ten Days FedEx Corporation, also widely known as FDX Corporation, is a prominent American multinational delivery company. The headquarters of the company is located in Memphis, Tennessee. The company was formerly known as Federal Express Corporation.…

Exact Answer: After about 15days Stimulus checks are a specific kind of evaluation performed by the US government for the benefit of people paying the taxes. They help in enhancing and growing the economy of the nation as they provide…

Exact Answer: After about 6 months Refinance may be defined as the procedure to revise the rules and regulations of an agreement related to the credit. It is mainly related to either loans or mortgages. Whenever you wish to refinance…

Exact Answer: After about 6 months BK, in simple terms stands for bankruptcy, a term used by professionals to describe the procedure followed by federal courts to assist the individuals to get rid of the heavy burden of bank loans…

Exact Answer: 2-3 Days LWA stands for Lost Wages Assistance. The program was established by former President Donald Trump on 8 August 2020 as a part of the government’s reaction to the Covid-19 pandemic. It essentially provided $300 to $400…

Exact Answer: From 3 days to a few weeks Underwriting is a critical step in the process of mortgage application and approval. The procedure involves the person applying for the loan handing over important documents that testify to his or…

Exact Answer: At least 6 months An FHA loan, which stands for Federal Housing Administration loan, is essentially a mortgage that is issued by an FHA-approved lender, and insured by the Federal Housing Administration. These FHA-approved lenders can be FHA-approved…

Exact Answer: After about 39 months JSA, as the name stands for Jobseeker’s Allowance, is a financial benefit for all those citizens of the United Kingdom who aren’t employed at that moment but are actively engaged in searching for a…

Exact Answer: About 10 to 14 days Disasters are always unpredictable. Their consequences can be very severe. In such cases, financial aid is always essential but hardly ever available. Even for other essential matters, financial resources are not always as…

Exact Answer: After about 5 business days Customs can be defined as the taxes imposed on goods and materials which are transported from one country to another. This is especially for packages which are destined to cross borders of their…

Exact Answer: After about 3 weeks JSA is the payment given to every permanent resident of the United Kingdom who doesn’t have a job but is willing to find it. For this, the person should be either 18 years of…

Exact Answer: 1 hour to 48 hours In this internet era, every one of us orders things online for various reasons which reach us within a range of period, and at a point in time, we get a notification as…

Exact Answer: Up To 120 Days FHA is a shorthand for a government agency named the Federal Housing Administration of the United States. This agency was founded as a part of the National Housing Act passed in the year 1934.…

Exact Answer: 3 Months Going bankrupt is said to be one of the worst nightmares of a human being. In spite of a number of efforts here and there, the final declaration of such a scenario is sure to have…

Exact Answer: 2 weeks Once a person is arrested, a long wait pursues. There is a lot of uncertainty and confusion at times. The attorneys and advocates continue to endlessly work day and night in order to get their respective…

Exact Answer: 1 week Waiting for a job confirmation might turn out to be quite stressful at times. Once a person applies for a job and appears for the interview, the real patience game begins. Irrespective of the genre for…

Exact Answer: 2-4 Years Refinancing your home is yet another best option that you can opt for. It is the best option when you want to get rid of existing home loans. However, it takes up a little while before…

Exact Answer: 8 Years Bankruptcy is something that people face when they are low on their monetary benefits and other assets. However, filing for bankruptcy is just another way to deal with accumulating debts that you can no longer manage.…

Exact Answer: After 28 weeks JSA stands for Jobseeker’s Allowance which is only for individuals willing to find a job. It is a privilege for all unemployed personnel who have the ability and competency to work and earn. This is…

Exact Answer: 2 Weeks You just took a huge leap forward in life and bought yourself a brand-new car! You’re very excited about this new addition in your life and can’t wait for your future ventures on the wheels. However,…

Exact Answer: Four To Ten Working Days Settlement is a business processing method in which various interests or securities are delivered against some money. This is done to fulfill different types of contractual obligations that arise under several security trades.…

Exact Answer: 1 to 3 weeks The IRS is an abbreviation used to connote the Internal Revenue Service. It is a branch of the US government that oversees the collection of taxes from the citizens of the country. All citizens…

Exact Answer: After 150-180 days Usually, IPO stocks are worthy and valuable investments but sometimes people tend to lose a lot of money.  Often when any existing or new company offers the public to buy the shares along with none…

Exact Answer: 12 Months Country Court Judgement or CCJ can be issued only in England and Wales. It is only after a person takes a loan, that his or her creditor can apply for a CCJ. Banks or creditors do…

Exact Answer: After about 10-15 days Moving to a new workplace is enticing. One moves there with a lot of hopes and expectations in mind. At the same time, he/she should be ready to accept the workplace’s environment and adjust…

Exact Answer: Within 2 to 3 business days UPS stands for United Parcel Service. It is considered the most used package service in the world with millions of customers trusting its service. It was started about 100 years ago as…

Exact Answer: 6 Years The banking sector is one of the fastest-growing sectors all over the world. Government, as well as private banks, have been set up in different parts of the world. Banks have a lot of significance and…

Exact Answer: 6 Years In the 21st century, if any sector has had a boom in business, it is the banking sector. Banks are being set almost at every place which is creating a lot of jobs for unemployed people.…

Exact Answer: 2 years Bankruptcy entails the legal process of liquidating an individual’s assets to repay creditors. This is considered the last resort available to a potential defaulter. When the person is unable to repay the sums of money borrowed…

Exact Answer: About 20 days PCI refers to Practical Completion Inspection. It the supervision done by the building supervisor where he discusses with the client about the completion of all building works of the house, thereby making it for its…

Exact Answer: 26 Weeks Unemployment is one of the major problems in today’s world. Getting back on your foot can be hard. We keep searching for jobs until we get a good one without any source of income. Then, how…

Exact Answer: After 2 years There are multiple reasons why one may need to sell property, especially a house. Generally, one needs to stay 15 years in a house before selling it. But, no one knows when the tables would…

Exact Answer: Half The Age Of Marriage Before understanding the facets of alimony duration, it is essential to understand the whole concept of this allowance. Mostly, wives ask for alimony after the divorce takes place legally. The final procedure depends…

Exact Answer: Up to 19 years A happy and successful marriage is every couple’s dream. In certain cases, the case is quite the opposite. When things do not go as expected, there is only one solution left – to part…

Exact Answer: 30 days Before getting on with the topic one should understand CCJ. It is the abbreviation for County Court Judgment. It’s a court order found in Northern Europe, mainly in countries like England, Wales, and Northern Ireland. It…

Exact Answer: 120-180 Days Money is one of the most important tools for conducting our daily business. Similarly, without money people cannot live in today’s market. Money is what money does whether the money has been lent from someone or…

Exact Answer:- Cover start after 24 hours of buying AA is the Automobile Association. It is a British motoring association which was founded in 1905 to assist motorists and avoid police speed traps, and in regards to the Motor Car…

Exact Answer: Up To Thirty Days EBT stands for Electronic Benefits Transfer, and it is an electronic system used in various parts of the United States. The EBT card allows the state welfare departments of the United States to issue…

Exact Answer: One Week Whenever we start a small company, we need to understand the legal powers, benefits, and commitments. One such obligation is the Employer Identification Number (EIN). How to get EIN? You need to apply for it. First,…

Exact Answer: 45 days Wondering how exactly can you send money and hold your money with Western Union? Then, here we’re to assist you in claiming your money after a certain period of time. But don’t forget to pick your…

Exact Answer: 7 years Generally, a missing person report has to be filed and submitted when an individual is ‘missing’ for more than 48 hours. This implies that the whereabouts of such an individual is not known to his or…

Exact Answer: Around 7 working days Customs refers to the authority or agency of a country responsible for collecting tariffs and controlling the inflow of goods in and out of the country. Every country has its customs and customs duty.…

Exact Answer: At least 6 months Child support payments are monetary disbursements made by one parent to another. During a divorce hearing, a judge can stipulate that a certain fixed amount of money has to be provided to support the…

Exact Answer: 3 Years Accounting makes it possible to systematically record, analyze and report important financial information and communicate the financial health of a business to all interested parties. It’s the backbone of any company. If you are an accountant,…

Exact Answer: One To Four Days A rental application refers to a kind of form which is to be filled by the renter when renting a house or a part of the land from a property manager or a landlord.…

Exact Answer: Two to three weeks A car, also known as an automobile, is a four-wheeled vehicle used to transport people and goods from one place to another. Cars have a capacity ranging from one to eight people, and they…

Exact Answer: 30 Days  Transportation has always played a significant role in our lives, which has been carried for a long time, but with modern technology, the vehicle has been made easier while making it cheap at the same time. …

Exact Answer: 3 to 5 business days Even though it is very easy to make credit card transactions while paying for something be it online or in person, getting a refund on any item is a cumbersome process. Not only…

Exact Answer: Up to 18 months COBRA is a federal law that briefly allows one to enjoy their health insurance privileges after losing or quitting a job. Sudden unemployment or reduction of work hours consequentially results in losing your health…

Exact Answer: 12 Months Unemployment is a serious issue in people’s day-to-day life. The whole standard of living of a person collapses when there is unemployment. There are different types of unemployment. People can fall sick, take maternity leave and…

Exact Answer: First day of the quarter or semester Financial aid in the US is the funding provided exclusively for post-secondary students. Financial aid is provided by the state, educational institutions as well as by private agencies. To apply for…

Exact Answer: 1 Hour After the holiday season comes the tax season and this will have many Americans wondering exactly how they should be getting their taxes completed this year. For some people, this will require a visit to an…

Exact Answer: Instantly Everyone loves delay-free and convenient services. This is applicable even when transferring money from a bank account to a PayPal account. While most PayPal account holders are trying to find an instant way to carry out this…

Exact Answer: 30 minutes PayPal is an online platform that is used to accept and send payments to businesses and individuals. PayPal offers many ways to transfer money. The user can use a credit card, bank account, or another similar…

Exact Answer: 3-5 business days There are various reasons why you might want or need a refund on PayPal. It could be a mistake when paying for a product or service if you haven’t received an item you already paid…

Exact Answer: 3-7 business days Standard shipping is also known as ground shipping or standard ground service. It is an average shipping service, not too quickly and expensive, and not too slow either. Standard shipping has a reasonable shipping time…

Exact Answer: 3-5 days Direct deposit is a term used in banking to describe the direct deposit of money from a payer’s bank to a payee’s bank account. It is done through electronic fund transfer either by using online services,…