CFM Final Review
✅✅-Is a skill you have already developed
Ability -
Advantages of Credit - ✅✅-Easy, convenient, don't have to carry a lot of cash,
emergencies, protected, bonuses
Americans with Disabilities Act of 1990 - ✅✅-Protect the rights of individuals with
disabilities
✅✅
Annual fee, credit limit, finance charges, grace period, late fees, universal default
clause - -What types of things should you look for when shopping around for a
credit card?
April 15th (Tax Day) - ✅✅-Taxes have to be filed by:
Aptitude - ✅✅-Is a potential for learning a certain skill
Benefits - ✅✅-medical, dental, vacation days, sick days, 401k, pension, company
car, other bonuses
Blank Endorsement - ✅✅-an endorsement with just a signature on it
Budget - ✅✅-Is a plan for saving and spending money based on your income and
expenses
Career - ✅✅-series of related jobs or occupations built on a foundation of interest,
knowledge, training, and experience
Career Cluster - ✅✅ -Are just groupings of occupations; those groupings are based
on common knowledge and skills (i.e. Architecture & Construction, Business &
Administration, Education & Training, Law & Public Safety)
CD (Certificate of Deposit) - ✅✅ -A type of investment in which you deposit an
amount of money for a fixed amount of time at a stated interest rate, The longer the
investment period, the higher the interest rate will be
Charge Cards - ✅✅-given away by stores, similar to credit cards but is store
owned
Check Register - ✅✅-used to log all transactions that have to do with your
checking account, Keep track of all transactions and to check against banks records
, Checking Account - ✅✅-A bank account designed to hold funds for a short period
of time, Usually used to pay bills and make purchases.
Chronological Resume - ✅✅
-presents your experiences in reverse time order; use
when you have more experience and education
Civil Rights Act of 1964 - ✅✅ -Bans discrimination in employment based on race,
color, religion, gender or national origin
Claim -✅✅-Is a formal written request to an insurance company to pay for a loss
Cold Call - ✅✅-is a phone call to a prospective employer with whom you have had
no prior contact with
Collateral - ✅✅ -an asset such as the borrower's home or car. If borrower fails to
pay, the lender can take the collateral
Compensatory Time - ✅✅-time off from work rather than money for working
overtime
Contact List - ✅✅-Is a list of people you know who might be helpful in your job
search
Credit - ✅✅-Is money you can use now and must pay back later (i.e. loans, credit
cards)
Credit Card - ✅✅ -A small plastic card issued by a bank or other financial institution
that allows the cardholder to purchase goods or services at any business that
accepts the card, You must apply and be approved
Credit Limit - ✅✅-maximum amount allowed to charge on a credit card
Data - ✅✅ -refers to information, knowledge, ideas, facts, words, symbols, figures,
and statistics
Debit Card - ✅✅-Also called ATM card, checkcard, It is a card that you can use to
withdraw money directly from your checking account, Can use at an ATM (automatic
teller machine), Has a PIN, Good for making everyday purchases
Deductible - ✅✅
-The set amount you pay out of pocket before the insurance
company pays anything (Higher Deductible - Lower Premium, Lower Deductible -
Higher Premium)
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 ACTUALSTUDY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.