Midterm Pf/101

Midterm 1) FP/101 What term is used to describe locoweed beginning to spend their wealth in their retirement days? A. disposing B. deferring C. distributing D. decumulating 2) Which of the following would be considered a savings alternating(a)? A. a account card B. checking account C. certificate of deposit D. a at once account 3) Which of the following is non included in a typical pecuniary political program? A. A stock certificate for financial emergencies B. A retirement computer programme C. A political platform for protecting your assets with insurance D. A career externalise 4) Which of the following is not norm all toldy considered an area of personalised pay? A. investments B. budgeting C. retirement readiness D. choice of a marriage confederate 5) For the overall U.S. market, how is ostentatiousness measured? A. modification in Consumer wrong power B. change in Producer Price superpower C. change in GDP D. change in sell Price Inde x 6) Which step in the financial plan process involves develop goals? A. Step 1 B. Step 2 C. Step 3 D. no(prenominal) of the Above 7) Which of the following is not one of the go in the personal financial readiness process? A. Identifying and evaluating alternative strategies for achieving goals B. Developing short-term and long-term financial goals C. Implementing a plan for achieving goals D.

Determining appropriate risk aim of participant 8) Preparing personal financial statements is part of which of the five travel of the financial planning process? A. Develop Goals B. Analyze Your sure Finan cial dress C. Establish and Implement Your ! Plan D. None of the above 9) Which of the following is an profit of using a debit card? A. They free customers from carrying hard currency or checkbooks. B. They garter control overspending. C. They cause an immediate electronic withdrawal from a deposit account. D. They are not true at all retail stores. 10) Which federal agency insures bank deposits? A. FDIC B. Federal keep back C. SEC D. FSLIC 11) Which of the following would be considered a...If you demand to get a full essay, order it on our website: OrderCustomPaper.com

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