Frugal Study guides, Class notes & Summaries

UGBA 135 Final Question and answers 2023/2024 verified to pass what is the greatest factor that determines your credit score? - correct answer paying bills on time over time the "cornerstone" of wealth is? - correct answer being frugal, not cheap but value oriented what is the minimum criteria for a credit score? - correct answer - at least one reported "account" which has been open for at least six months - at least one report that has been reported by a lender in the last six months...

Thinking Definition - Answer any mental activity or processing of information, including learning, remembering, perceiving, communicating, believing, and deciding What is cognitive economy? - Answer The use of heuristics to reduce mental effort while still getting things right most of the time What are heuristics? - Answer Mental shortcuts, drawn from inferences, to increase thinking efficiency Can fast and frugal thinking be better than exhaustive analysis? - Answer Yes What...

reject refuse to accept nag (disapproving) to keep complaining to someone about their behavior or keep asking them to do something nutritious nourishing, valuable and satisfying as food renew to make something new again superb of the highest quality; grand; splendid particle a very small piece of something novel new and different elongate to make longer solemnly in a serious manner uproot pull up by the roots; remove comple...

GRE Practice Test Questions & Answers 2024/2025 Provident - ANSWERSprudent, frugal, saving Unscrupulous - ANSWERSunprincipled, without scruples or principles Profligate - ANSWERSrecklessly wasteful, wildly extravagant Somber - ANSWERSgrave or even gloomy in character, dismal, depressing, melancholy Allay - ANSWERSlessen the intensity of or calm, alleviate, make quiet Rueful - ANSWERSmournful, regretful Impenitent - ANSWERSnot penitent or remorseful Sublime - ANSWERSinsp...

UGBA 135 Midterm-- Questions with complete solution 2023/2024 21st Century Millionare - correct answer - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead - After working for 40 years, only 5% of people are financially independent (don't need government assistance) - Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means - People who succ...

When people rely on mental shortcuts to reach a conclusion or make a decision, they often fail to take into account how common a behaviour or characteristic is in general. This kind of information is called the __________ by psychological scientists. a) schematome b) base rate c) ground level d) prototype - Answer b) base rate Humans have developed strategies that keep our decision-making to a manageable minimum by relying on "fast and frugal" thinking. This kind of frugality is mor...

UGBA 135 Final Exam (Fall 2022) The Rule of 72 is used to estimate A. How long will it take you to earn 50%? B. How long it will take you to out-earn inflation? C. How long it will take to double your money? D. None of the above C (How long it will take to double your money) Compounding means earning interest on interest (T/F) True Who said compound interest is the greatest discovery of mankind? Albert Eienstien The best time to decide how much to save for retirement each month is a...

UGBA 105 - Final Exam 2023 Complete Organizational Culture The set of shared values, beliefs, and norms that influences the way employees think, feel, and behave toward each other and toward people outside the organization  The shared assumptions that people and groups learn to follow as they attempt to address issues and problems  An organization's culture controls the way employees perceive and respond to the people and situation around them and how they use this information to ma...

Study for WPC 300 final exam Q&A Heuristic - CORRECT ANSWER-Learns by acting Uses trial and error Values experience, effort reduction Relies on common sense Seeks satisficing solution Fast and frugal May lead to decision biases! analytics - CORRECT ANSWER-developing actionable decisions or rec for action based on insights from histroical data -combo of computer tech, mgt sci techniques, and states to solve real problems -sports analytics, tinder descriptive - CORRECT ANSWER-...

UGBA 135 Final Exam (Fall 2022) The Rule of 72 is used to estimate A. How long will it take you to earn 50%? B. How long it will take you to out-earn inflation? C. How long it will take to double your money? D. None of the above C (How long it will take to double your money) Compounding means earning interest on interest (T/F) True Who said compound interest is the greatest discovery of mankind? Albert Eienstien The best time to decide how much to save for retirement each month is a...