AAMS Module Quizzes (1-10) WITH 100- SURE ANSWERS.
1 view 0 purchase
Course
Social Psychology
Institution
Social Psychology
EUNICE
AAMS All Modules WITH 100% SURE ANSWERS
Terms in this set (349)
An employer plans to use corporate- owned life insurance to informally fund a nonqualified deferred compensation
agreement and wants flexibility regarding investment choices. Which one of the
following types o...
1. gather data
2. establish goals
What are the major steps in the asset
3. analyze information
management process
4. make and implement recommendations
5. monitor
Stefan's business plan includes the This goal is not time-framed.
following goal: "I will contact 50 The acronym to remember for goal setting is SMART, which stands for Specific,
prospective clients and document this Measurable, Achievable, Relevant, and Time-Framed. The primary flaw in this goal is
activity in the CRM for tracking purposes." that it is not time-framed. Because it is not time-framed, it is difficult to tell if this is
Which primary element of a good goal is achievable, but it is certainly measurable and very likely relevant.
missing?
180-day certificate of deposit
Which one of the following is not an
A certificate of deposit is a cash equivalent and therefore should be listed under
invested asset?
Cash and Cash Equivalents.
Victoria Gregory's financial situation is as $89,000
follows: Assets = Cash/cash equivalents + Invested assets + Use assets ($15,000 + $45,000 +
Cash/cash EquivalentsL $15,000 $192,000 = $252,000). Liabilities = Short-term debts + Long-term debts ($23,000 +
Short Term debts: $23,000 $140,000 = $163,000). Assets - Liabilities = Net Worth, so $252,000 - $163,000 =
LTDs: $140,000 $89,000.
Taxes: $8000
Invested Assets: $45,000
Use Assets: $192,000
What is her net worth?
The income statement indicates, for a certain period of time, an individual's cash
inflows and outflows. Its components include gross income, expenses, and surplus
Which one of the following statements best
or deficit.
describes the income statement and its
The income statement describes cash flow for a period of time and contains the
major components?
components of gross income, from which expenses are subtracted to determine the
surplus or deficit.
1/2
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 mbitheeunice2015. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.