Per Fin Final Exam 5
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Money that an individual spends is referred to as: | Cash Outflows
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| Which of the following questions would you be most likely to ask when creating a plan for investing? | How much risk can I tolerate?
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| Deciding how much money to keep in a checking account and in a savings account is part of a(n) _____ plan. | Liquidity management
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| Allowance Nicole receives from her parent is inflow or outflow? | Inflow
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| Interest Nicole earns from her saving account is inflow or outflow? | Inflow
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| Interest Nicole is charged on her credit card balance is inflow or outflow? | Outflow
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| Which of the following is most important to creating a successful financial plan? | Establishing clear goals
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| Your financial goals are most directly tied to your income, your ______, and your choice of career. | Level of education
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| Savings accounts, grants, and jobs are all potential sources of _______. | Income
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| Is monthly rent a fixed expense or variable expense? | Fixed expense
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| Is money spend on entertainment in one month a fixed expense or variable expense? | Variable expense
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| Is money spent on gas in one month a fixed expense or variable expense? | Variable expense
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| Is a monthly water bill a fixed expense or variable expense? | Variable expense
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| Is a credit card bill a fixed expense or variable expense? | Variable expense
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| Is buying a motorcycle next year a short-term goal, long-term goal or intermediate-term goal? | Intermediate-term goal
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| Is contributing $100 per month for a year to savings a a short-term goal, long-term goal or intermediate-term goal? | Short-term goal
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| Is saving $10,000 over six years for a down payment on a condo a short-term goal, long-term goal or intermediate-term goal? | Long-term goal
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| In which of the following career fields are jobs expected to be created at the fasted rate from 2010-2020? | Personal care and home health aides
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| Order the steps in developing a career path: | Learning about compensation, job availability, and education and skill requirements; List your interests; Identify possible career choices
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| Master's degrees, law degrees and doctoral degrees are all examples of: | Graduate degrees.
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To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Traceyshea
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