LIFC 603 – Financial Life Coaching EXAM 1 questions and
answers new update Liberty University
• Question 1
4 out of 4 points
Which of the following indicates how much of a person’s monthly income goes
to cover debt?
Selected
Answer: Debt-payment Ratio
• Question 2
4 out of 4 points
All of the following are stages of grief
except:
Selected
Answer: Insight
• Question 3
4 out of 4 points
Christian Financial Coaches ARE which of the
following?
Selected
Answer: Teachers
• Question 4
4 out of 4 points
To be a successful Financial Coach you must know every financial concept available.
Selected Fals
Answer: e
• Question 5
4 out of 4 points
The U.S. consumer debt reached 2.55 trillion dollars in 2007.
Selected Tru
Answer: e
• Question 6
4 out of 4 points
People who place an emphasis on material possessions experience high levels
of which of the following:
Selected
Answer: Physical symptoms
• Question 7 world.
The United States has the highest savings rate in the industrialized
, 4 out of 4 points
Selected Fals
Answer: e
• Question 8
4 out of 4 points
Investments are assets set aside for immediate
use.
Selected Fals
Answer: e
• Question 9
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