100% tevredenheidsgarantie Direct beschikbaar na betaling Zowel online als in PDF Je zit nergens aan vast
Eerder door jou gezocht
TEST BANK for Personal Finance, Canadian Edition, 5th edition by Jeff Madura and Hardeep Singh Gill. ISBN-13: 9780136662877. All Chapters 1-16.€29,99
In winkelwagen
TEST BANK for Personal Finance, Canadian Edition, 5th edition by Jeff Madura and Hardeep Singh Gill. ISBN-13: 9780136662877. All Chapters 1-16.
76 keer bekeken 4 keer verkocht
Vak
Personal Finance, Canadian Edition
Instelling
Personal Finance, Canadian Edition
Boek
Personal Finance
TEST BANK for Personal Finance, Canadian Edition, 5th edition by Jeff Madura and Hardeep Singh Gill. ISBN-13: 2877. TABLE OF CONTENTS Chapter 1 - Overview of a Financial Plan Chapter 2 - Applying Time Value Concepts Chapter 3 - Planning with Personal Financial Statements Chapter 4 - Using Tax Conce...
5th edition by jeff madura and hardeep singh gill isbn 13 9780136662877 all chapters 1 16
test bank for personal finance
Gekoppeld boek
Titel boek:
Auteur(s):
Uitgave:
ISBN:
Druk:
Meer samenvattingen voor studieboek
Personal Finance Canadian 2nd Edition Madura Test Bank Chapter 2 Questions and Detailed Correct Answers 100% Complete
TEST BANK for Personal Finance, Canadian Edition, 5th edition by Jeff Madura and Hardeep Singh Gill Updated A+
Alles voor dit studieboek (3)
Geschreven voor
Personal Finance, Canadian Edition
Alle documenten voor dit vak (2)
Verkoper
Volgen
AcademiContent
Ontvangen beoordelingen
Voorbeeld van de inhoud
,Personal Finance, Canadian Ed., 5e (Madura)
Chapter 1 - Overview of a Financial Plan
How You Benefit from an Understanding of Personal Finance
1) Many people who believe they have strong personal finance skills do not really understand
some basic personal finance concepts.
Answer: TRUE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
2) FP Canada sets out the steps needed to earn the Certified Financial Planner (CFP) designation.
Answer: TRUE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
3) A car accident which is not fully covered by your insurance is an example of an unexpected
expense you cannot plan for.
Answer: FALSE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Applied
4) An understanding of personal finance is necessary to judge the quality of advice that a
financial adviser may give.
Answer: TRUE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
5) FP Canada is a profit-oriented organization created to benefit the public with regards to
financial planning.
Answer: FALSE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
,6) Saving money for the downpayment on a house instead of saving for retirement is an example
of an opportunity cost.
Answer: TRUE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Applied
7) Generally, savings in an emergency fund will tend to earn higher interest than savings in a
retirement plan.
Answer: FALSE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
8) If you have sufficient available credit there is no reason to consider holding liquid cash in an
emergency fund.
Answer: FALSE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Applied
9) As long as you stay within your budget of spending $100 per month on eating out, there is no
opportunity cost.
Answer: FALSE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Applied
10) Taxes should have a minimal impact on your financial choices.
Answer: FALSE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
11) Risk management may include deciding not to protect yourself against a given risk.
Answer: TRUE
Diff: 2 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
, 12) The historical average for the household savings rate is 3.2 percent.
Answer: FALSE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
13) From 2000 to 2018, the level of household debt relative to disposable income has decreased
from 174.9 percent to 106.9 percent.
Answer: FALSE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
14) The delinquency rate on 90-day non-mortgage debt rose 3.5 percent to 1.12 percent in the
first quarter of 2019.
Answer: TRUE
Diff: 1 Type: TF
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
15) Which of the following best describes the level of debt for Canadians?
A) The outstanding balance on credit cards has never exceeded $100 billion.
B) The household savings rate has been above the historical average since late 2015.
C) From 2000 to 2018 household debt relative to disposable income has increased from 106.9
percent to 174.9 percent.
D) As of January 2020 the per capita debt of Canadians is $48,829.
Answer: C
Diff: 2 Type: MC
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
16) Which of the following life stages involves the fewest objectives and milestones?
A) Late retirement
B) Prime earning
C) Early career
D) Education
Answer: D
Diff: 1 Type: MC
Categories: Benefit From Understanding Personal Finance
Financial Type: Qualitative
Skill Type: Recall
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper AcademiContent. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €29,99. Je zit daarna nergens aan vast.
