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TEST BANK for Personal Finance 14th Edition by Jack Kapoor, Les Dlabay, Robert J. Hughes and Melissa Hart. ISBN 10: 1260799751. All Chapter 1-19 (Complete Download). 829 Pages. 27,33 €   Añadir al carrito

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TEST BANK for Personal Finance 14th Edition by Jack Kapoor, Les Dlabay, Robert J. Hughes and Melissa Hart. ISBN 10: 1260799751. All Chapter 1-19 (Complete Download). 829 Pages.

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  • Personal Finance 14th Edition By Jac

TEST BANK for Personal Finance 14th Edition by Jack Kapoor, Les Dlabay, Robert J. Hughes and Melissa Hart. ISBN 10: 1. All Chapter 1-19 (Complete Download). 829 Pages. TABLE OF CONTENT: Chapter 1: Personal Finance Basics and the Time Value of Money Appendix: The Time Value of Money Chapter 2: Finan...

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Personal Financial
Planning 14th
Edition
Complete Test bank, All Chapters are included. Chapter 1—Understanding the Financial Planning Process Cengage Learning Testing, Powered by Cognero Page 1 1. Standard of living is defined as the necessities, comforts, and luxuries desired by an individual or family. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Rememberi ng 2. Your average propensity to consume is the percentage of each dollar of income, on the average, that is spent for current needs rather than savings. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Remembering 3. A good financial plan completed when one is in their 30s will typically last a lifetime. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Challenging LEARNING OBJECTIVES: PFIN.BILL.17.1 -2 - LO: 1-2 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Analyzing 4. Financial planning is a continuing, lifelong process. a. True b. False ANSWER: True POINTS: 1 Chapter 1—Understanding the Financial Planning Process Cengage Learning Testing, Powered by Cognero Page 2 DIFFICULTY: Easy LEARNING OBJECTIVES: PFIN.BILL.17.1 -2 - LO: 1-2 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Understanding 5. The heart of sound financial planning is improved standard of living. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Understanding 6. Nearly 35% of Americans say retirement planning is their most pressing financial concern. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Moderate LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Remembering 7. The average American has less than $50,000 in savings. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Moderate LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments Chapter 1—Understanding the Financial Planning Process Cengage Learning Testing, Powered by Cognero Page 3 KEYWORDS: Bloom's: Remembering 8. The most effective way to achieve financial objectives is through financial planning. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Moderate LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Understanding 9. Defining financial goals is an important first step in the personal financial planning process. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: PFIN.BILL.17.1 -2 - LO: 1-2 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Understanding 10. Two persons with equal average propensities to consume will not necessarily have equal standards of living because of differences in income. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Challenging LEARNING OBJECTIVES: PFIN.BILL.17.1 -1 - LO: 1-1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking STATE STANDARDS: United States - AK - DISC: Financial Markets and Inte - DISC: Financial Markets and Interest Rates United States - KS - DISC: Investments KEYWORDS: Bloom's: Evaluating 11. The need for financial planning declines as your income increases. a. True b. False ANSWER: False

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