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Questions (51)

It is often a good idea to invest most or all of your retirement savings in the stock of your employer so that you will
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2. 6 views
The Keogh Plan is another retirement savings option, which can supplement Individual Retirement Accounts (IRAs) for employed
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2. 9 views
With which of the following plans will you be able to most accurately predict your retirement income?Question 41 options: 401(k)
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Social Security provides sufficient income to support the lifestyles of most individuals.Question 40 options: True False
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The bodily injury liability coverage of your automobile policy will not pay forQuestion 39 options: medical expenses of those in
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Since insurance companies rely mostly on their premiums to cover claims, they price their insurance policies to reflect the
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In general, the cost of comprehensive and collision insurance is the most expensive part of your automobile policy representing
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2. 4 views
Insurance can protect your existing net worth and also increase the likelihood that you will be able to increase your net worth
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2. 3 views
Bank ATM charges may be substantial if you make many transactions monthly and use out of network machines.Question 35 options:
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Finance companies are more selective in choosing the lender they serve, and therefore usually charge lower interest rates than
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A financial conglomerate offers a diverse set of services that include which of the following?Question 33 options: Credit cards
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The size of the monthly payment on a loan is dependent onQuestion 32 options: principal borrowed. interest rate. maturity. All
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Financial institutions provide home equity loans up to a maximum of 70 percent of the value of the equity in a home.Question 31
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Buying a car from a dealer with a set price (a no-haggle dealer) is usually more stress-free and less time consuming.Question 30
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In determining the amount of your loan, you should ask for about 20% more than you need in order to give yourself financial
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The time value of money concept is hardly ever used in daily financial decisions.Question 28 options: True False
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Time value concepts can be applied to lottery winnings. The winner can usually choose an annuity or a lump sum.Question 27
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An example of an opportunity cost is saving money rather than taking a vacation.Question 26 options: True False
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The key tax planning decisions in building your financial plan are knowing what tax savings are currently available to you and
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Progressive is a term used in taxation which means the tax laws keep up with the times.Question 24 options: True False
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All interest and dividends received by an individual taxpayer are taxable.Question 23 options: True False
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Common stockholders have the right to vote on key corporate issues, but also have the last right to the assets or profits of a
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Institutional investors are professionals employed by a financial institution, who invest their own money earned from their
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Bonds are certificates representing partial ownership of a firm.Question 20 options: True False
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Of the following statements about a day trader, which is not correct?Question 19 options: They have a short-term focus. They may
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The more savings a household has accumulated, the less life insurance they will need.Question 18 options: True False
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Because it is permanent insurance and has a cash value buildup, you should use a whole life insurance policy asQuestion 17
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If you buy a term insurance policy with a conversion option, this means that youQuestion 16 options: will get most of your
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Life insurance is critical to protect a family's financial situation in the event that a breadwinner dies.Question 15 options:
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If both a husband and wife are employed, their consumption behavior willQuestion 14 options: increase. decrease. stay the same.
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The cash flow statement reports a person or family'sQuestion 13 options: net worth. current income and payments. plan for
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Which of the following would increase your liquid assets?Question 12 options: Buying a new car Making regular deposits to a
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Which of the following is an example of an opportunity cost?Question 11 options: Renting an apartment near school Saving money
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You can benefit from personal financial planning if you areQuestion 10 options: an employee. self-employed. a student. Any of
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A personal financial plan specifies financial goals and describesQuestion 9 options: saving, investing, and asset valuation.
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Indemnity health plansQuestion 8 options: greatly restrict the choice of health care providers. require you to pay the doctor
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Basic health insurance policies and Medicare will not cover stays in nursing homes or assisted living centers for very long.Ques
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Hospitals, doctors, and patients have enough incentive to make the most economical use of health care services.Question 6
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Medicare is a government health insurance program for those over 65 years of age who can show need for financial assistance.Ques
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If your credit card is lost or stolen, you are only responsible for up to $50 in false charges.Question 4 options: True False
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An alternative to MasterCard, Visa, and American Express credit cards is a retail or proprietary card that is issued for use at
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It is a good idea to get and use as many credit cards as possible to build a credit history.Question 2 options: True False
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Creditors prefer a ________ amount of capital and ________ collateral in the best of circumstances.Question 1 options: low; low
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¿Qué tipo de robo de identidad es el más frecuente en personas menores de 20 años?
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Observa el gráfico de la página 15. ¿Cómo describirías las tendencias de cada uno de los 3 tipos principales de robo de
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En la página 14, ¿qué tipo de fraude con tarjetas de crédito es el más común?
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1. ¿Cuál es el tipo de robo de identidad más común, según la cantidad de denuncias? Piensa en al menos una razón por la
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1. ¿Cuál es el tipo de robo de identidad más común, según la cantidad de denuncias? Piensa en al menos una razón por la
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1. Explique en pocas frases cómo el robo de identidad puede afectar la vida de una persona.2. Dé un ejemplo que ilustre los
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How many minors have had their identity stolen?A. 1 in 1,000 B. 1 in 300 C. 1 in 50
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. Según Lisa Servon y Joe Coleman, ¿qué necesidad cubren los prestamistas de día de pago?2. ¿Cuál es la relación entre la
1. 1 answer
2. 5 views

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