Personal finance exam - Study guides, Class notes & Summaries

GCU FIN-350 Exam 1 Study Guide Questions & Answers 2024/2025 -CHAPTER ONE- - ANSWERS finance - ANSWERSstudy of how individuals, institutions, governments, and businesses acquire, spend, and manage financial resources financial environment - ANSWERSfinancial system, institutions, markets, businesses, individuals, and global interactions that help the economy operate efficiently 3 areas of finance within the financial environment - ANSWERSinstitutions and markets, investments, an...

WGU D076 OA Questions and Answers Verified 100% What are the main services offered by financial institutions? A. Soliciting charitable donations and then managing the distribution of these funds B. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions C. Deciding which assets to invest in to create wealth in the future D. Evaluating sources of funding for a business project, the capital structure of a firm, or acti...

Which of the following savings plans is not covered by federal deposit insurance? Ans: d. A money market fund Non-Deposit Type Financial Institutions include all of the following except: Select one: a. Insurance Agencies b. Credit Unions c. Brokerage Firms d. Finance Companies e. Mortgage Companies Ans: b. Credit Unions When you make purchases online, you should: Select one: a. keep records of online transactions. b. shop at businesses you know and trust. c. never give out your pas...

UGBA 135 Personal Finance Exam With Complete Solution...

Personal Finance Exam 2024...

PERSONAL FINANCE EXAM 1 WITH CORRECT QUESTIONS WITH CORRECTRY ANALYZED ANSWERS (ACTUAL EXAM) ALREADY GRADED A+ LATEST 2024

Personal Finance Exam Questions with Certified Solutions A person or business that offers loans at extremely high interest rates Loan shark Creditor loan shark Since you are a teenager, what you do now with money will have little effect on your financial future. True False false Which of the following is not a factor in becoming money smart? Have knowledge of basic math Learn the language of money Manage your behavior with money Learn how to read your credit card statements Learn how to...

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Personal finance part two study guide Exam Question And Answers 2024

Personal Finance Exam 1 Questions and Answers Already Passed Personal Finance process of planning, spending, financing, and investing so as to optimize your financial situation Personal Financial Plan A plan that specifies your financial goals and plans to achieve them Opportunity Cost What you give up as a result of a decision Financial Plan Components 1. Budgeting and tax planning 2. Managing your liquidity 3. Financing your large purchases 4. Protecting your assets and income (insurance) 5...