Midterm Pf/101

Midterm 1) FP/101 What term is used to describe flowerpot beginning to spend their wealth in their retirement age? A. disposing B. deferring C. distributing D. decumulating 2) Which of the following would be considered a savings alternating(a)? A. a debit entry card B. checking account C. certificate of deposit D. a at one time account 3) Which of the following is non included in a typical monetary political program? A. A broth for financial emergencies B. A retirement computer programme C. A figure for protecting your assets with insurance D. A career blueprint 4) Which of the following is not norm whollyy considered an area of personalised pay? A. investments B. budgeting C. retirement readiness D. choice of a marriage fellow 5) For the overall U.S. market, how is ostentatiousness measured? A. modification in Consumer damage power B. change in Producer Price baron C. change in GDP D. change in wholesale Price Index 6) Which step in th e 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 be after 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 take of participant 8) Preparing personal financial statements is part of which of the five step of the financial planning process? A. Develop Goals B. Analyze Your current Financial dress C. Establish and Implement Your P lan D. None of the above 9) Which of the fo! llowing is an profit of using a debit card? A. They free customers from carrying hard currency or checkbooks. B. They facilitate 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 throw 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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