Wednesday, 20 February 2013

Midterm

4) Which federal agency insures bank deposits?

A. Federal Reserve
B. SEC
C. FDIC
D. FSLIC

5) Which of the hobby is not one of the steps in the personal pecuniary cooking process?

A. Identifying and evaluating alternative strategies for achieving goals
B. Choosing a financial designner
C. Implementing a plan for achieving goals
D. Developing short-term and long-term financial goals

6) Which of the following would be considered a transaction account?

A. certificate of deposit
B. savings account
C. reciprocal fund account
D. checking account

7) Which of the following is included in a true financial plan?

A. Photographs of your family
B. A copy of your latest checking account reconciliation
C. A copy of your drivers license
D. An estate plan, including a will

8) Which of the following is an advantage of using a debit humor?

A. They help control overspending.
B. They cause an immediate electronic withdrawal method from a bank account.
C. They free customers from carrying cash or checkbooks.
D. They be not accepted at all retail stores.

9) Which of the following is not included in a typical financial plan?

A. A plan for protecting your assets with insurance
B. A retirement plan
C. A career plan
D.

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A fund for financial emergencies

10) When should you re-evaluate and, possibly, revision your financial plan?

A. When you graduate from college
B. When you have a untested baby
C. When you get a saucily job that pays significantly to a greater extent than money than your current job
D. All of the above

11) For the overall U.S. market, how is inflation heedful?

A. change in GDP
B. change in Producer toll Index
C. change in Wholesale Price Index
D. change in Consumer Price Index

12) Which of the following is not a situation to re-evaluate and, possibly, revise your financial plan?

A. When you graduate from college
B. When you have a new baby
C. When you get a new job that pays significantly more money...If you want to get a full essay, order it on our website: Ordercustompaper.com



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