Question 1 options:
cash flow statement
budget plan
financial plan<...
Business, 24.04.2020 16:54 madeleine1102
Question 1 options:
cash flow statement
budget plan
financial plan
balance sheet
Question 2 (1 point)
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Which of the following is true about effective budgets?
Question 2 options:
It should have a simple format
It must be realistic
It should be evaluated frequently
All of the above are true
Question 3 (1 point)
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Which of the following best defines a Credit Union?
Question 3 options:
a user-owned, not-for-profit cooperative financial institution
a nationwide banking plan set up by the federal government to supervise banks
a bank that offers a full range of financial services
a federal agency that protects deposited money in case of bank failure
Question 4 (1 point)
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Suppose you borrow $125 at a rate of 12% for 2 years. Calculate the amount of interest using the formula for simple interest. How much interest will pay for this loan?
Question 4 options:
35
30
25
45
Question 5 (1 point)
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Which of the following is a Fixed Expense?
Question 5 options:
food
Car payment
utilities
clothing
Question 6 (1 point)
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What is the first step for creating a budget?
Question 6 options:
maintain financial records
plan budget categories
set financial goals
evaluate your budget
Question 7 (1 point)
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American Express is an example of which type of credit card?
Question 7 options:
retail store card
charge card
bank card
affinity card
Question 8 (1 point)
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Which of the following is an advantage of using credit?
Question 8 options:
overbuying
lower credit rating
higher prices
convenience
Question 9 (1 point)
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This is attached to your paycheck (or sent to you electronically) and lists your gross pay, net pay, and taxes paid for a specific time frame.
Question 9 options:
tax return
paycheck stub
pay receipt
cash flow statement
Question 10 (1 point)
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Which of the following best defines the Federal Reserve System?
Question 10 options:
a user-owned, not-for-profit cooperative financial institution
a federal agency that protects deposited money in case of bank failure
a nationwide banking plan set up by the federal government to supervise and regulate banks
a bank that offers a full range of financial services
Question 11 (1 point)
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The first document that must be completed when opening up a checking account is the .
Question 11 options:
deposit slip
reconciliation statement
signature card
check register
Question 12 (1 point)
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The remaining amount of your paycheck after taxes and deductions are taken out is called your .
Question 12 options:
net pay
total pay
cash outflow
gross pay
Question 13 (1 point)
An IRA is which type of income source that can be used during retirement?
Question 13 options:
social security
pension
annuities
retirement account
Question 14 (1 point)
Which of the following best defines the FDIC? (Federal Deposit Insurance Corporation)
Question 14 options:
a user-owned, not-for-profit cooperative financial institution
a federal agency that protects deposited money in case of bank failure
a nationwide banking plan set up by federal government to supervise banks
a bank that offers a full range of financial services
Question 15 (1 point)
The main activity of a credit bureau is to .
Question 15 options:
calculate the cost of credit for lenders and borrowers
report information on the use of credit by consumers
determine when a person is overusing credit
contact the government when lenders over-charge for credit
Question 16 (1 point)
The money that is promised to be paid is called the .
Question 16 options:
principal
deposit
interest rate
payee
Question 17 (1 point)
Which of the following is a variable expense?
Question 17 options:
car payment
insurance
water bill
mortgage payment
Question 18 (1 point)
A legal process that reduces or eliminates ALL amounts owed. This is the last and final option to use when you can not pay your bills and credit cards. You claim .
Question 18 options:
Financial Emergency
Bankruptcy
Monetary Crisis
National Financial Debt
Question 19 (1 point)
A reputation for paying bills on time relates to a person's .
Question 19 options:
capital
collateral
character
capacity
Question 20 (1 point)
Another term for the amount of a paycheck after taxes and deductions are removed.
Question 20 options:
net worth
take home pay
cash inflow
earned income
sorry about all this
Answers: 2
Business, 21.06.2019 20:30, xojade
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and bondholders? a) compensating managers with stock options, b) financing risky projects with additional debt, c) the threat of hostile takeovers, d) the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions, e) abolishing the security and exchange commission
Answers: 1
Business, 22.06.2019 02:00, nayelycuencax
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms. a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
Business, 22.06.2019 12:30, victorialeona81
Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.
Answers: 1
Mathematics, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01
Mathematics, 22.10.2020 17:01