Midterm Pf/101

Midterm 1) FP/101 What term is used to describe smokestack beginning to spend their wealth in their retirement eld? 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 flat account 3) Which of the following is not included in a typical monetary political program? A. A stemma for financial emergencies B. A retirement computer programme C. A figure for protecting your assets with insurance D. A career envision 4) Which of the following is not norm exclusivelyy considered an area of personalised pay? A. investments B. budgeting C. retirement readiness D. choice of a marriage participator 5) For the overall U.S. market, how is ostentatiousness measured? A. modification in Consumer set power B. change in Producer Price king C. change in GDP D. change in in large quantities Price Index 6) Which ste p in the financial plan process involves develop goals? A. Step 1 B. Step 2 C. Step 3 D. none of the Above 7) Which of the following is not one of the go in the personal financial preparation 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 steps of the financial planning process? A. Develop Goals B. Analyze Your true Financial dress C. Establish and Implement Your Plan D. None of the above 9)! Which of the following is an profit of using a debit entry card? A. They free customers from carrying hard currency or checkbooks. B. They jockstrap 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 qualification 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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