Exam (elaborations)
FINA 200 Quiz 1-6 summer feb practice exam (JMSB exams) Concordia University
- Course
- Institution
FINA 200 Quiz 1-6 summer feb practice exam (JMSB exams) Concordia University
[Show more]
Seller
Follow
smartzone
Reviews received
Content preview
FINA 200 Quiz 1-6 summer Feb practice exam (JMSB exams)Concordia University
Chapter 1
Ch. 1 - Learning Objectives 1 & 3
Question 1:
Ramy states his financial goal as paying off his $5,000 credit card debt
within 2 years. This is not a SMART goal. What is missing?
It is not specific
It is not measurable
(1 Point) It has no action
plan It has no time
frame
Ch. 1 - Learning Objective 2
Question 2:
Philip has been working at the Royal Bank for over 30 years. His only
child, living in residence at the University of Waterloo, will benefit froma
generous education fund. Philip is debt-free and hopes to retire in 10
years. What life stage would most appropriately describe his
position? Refer Exhibit 1.2.
(1 Point)
Early earning
Mid earning
Prime earning
Retirement
Question 3:
Developing which component of a financial plan answers the question,
“What debt payments can I make every month?” Refer Exhibit 1.6.
Managing your income
Protecting your assets and income
(1 Point)
(wealth)Investing
Planning your retirement and estate
, Chapter 2
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller smartzone. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
Recently viewed by you
