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Tuesday, February 19, 2013

Fp/101 Midterm

For the overall U.S. market, how is inflation measured?

A. multifariousness in producer Price Index
B. change in Wholesale Price Index
C. change in GDP
D. change in Consumer Price Index

2) Which of the followers is an reward of using a debit card?

A. They are non accepted at all retail stores.
B. They free customers from carrying hard currency or checkbooks.
C. They help control overspending.
D. They cause an immediate electronic withdrawal from a bank account.

3) 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 watch a new baby
C. When you get a new business organization that pays significantly more money than your current job
D. When general economical conditions are stable.

4) Which of the following would be considered a savings ersatz?

A. checking account
B. a NOW account
C. certificate of deposit
D. a debit card

5) Which of the following formulas is used to calculate personal net worth?

A. follow Assets + Total Debts
B. Total Assets - Total Debts
C. Total Debts - Total Assets
D. Liabilities - gratis(predicate) Bills

6) According to the text, how long should you keep utility bills?

A. only until the adjacent bill arrives.
B. six months.
C. one year.
D. three years.

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7) Which of the following would not be used to produce a personal counterbalance poll?

A. Pencil, paper, and calculator
B. Personal financial management software
C. Spreadsheet software
D. Slide demo software

8) How might you use a personal balance sheet?

A. To show income and expenditures over a period of one year
B. To create the personal cash flow statement
C. To show income and expenditures over a period of time
D. To calculate your net worth

9) Which of the following is not normally considered an area of personal finance?

A. budgeting
B. investments
C. retirement planning
D. choice of a marriage partner

10) Which step in the...If you want to get a full essay, order it on our website: Ordercustompaper.com



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