Personal finance ch 3 - Study guides, Class notes & Summaries

FiCEP Exam| 100 Questions| Correct 100% Which cycle describes members who are just surviving and living paycheck to paycheck? a. Earn / spend / earn / spend b. Earn / spend / borrow / spend c. Earn / spend / save d. Earn / borrow / spend / save - ANSWER a. Earn / spend / earn / spend Webinar 1 Financial counselors who don't use what they know about hemispheric thinking, may fall into the trap of: a. Assuming the member will succeed if they work with the counsellor b. Asking too ...

FAM 350 Ch. 12-15 Exam 3 Questions And Answers (Verified And Updated) Adjustable-rate mortgages (ARMs) - answermortgages with fluctuating interest rates within a specific range, based on changes in the economy appreciation - answeran increase in value (usually referring to a home) assets - answertangible things that are owned closing - answerthe meeting in which real estate is transferred from seller to buyer condominiums - answertypes of dwellings that are attached to each another and th...

FINC 322 EXAM CH 1 & 3 STUDY TEST WITH ANSWERS What are the four basic areas of finance? - CORRECT ANSWER-Corporate business Investments Financial Institutions International finance What are some important questions to be answered using finance? - CORRECT ANSWER-What long-term investments should the firm take? (Capital budgeting) Where will we get the long-term financing to pay for the investments? (Capital Structure) How will we manage the everyday financial activities of the ...

CHAPTER 1 ACCOUNTING INFORMATION SYSTEMS: AN OVERVIEW SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 1.1 The value of information is the difference between the benefits realized from using that information and the costs of producing it. Would you, or any organization, ever produce information if its expected costs exceeded its benefits? If so, provide some examples. If not, why not? Most organizations produce information only if its value exceeds its cost. However, there are two situations where ...

1 AAHAM CRCS EXAM STUDY MANUAL CH 5 CREDITS AND COLLECTIONS EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Charity Care Correct Answer: service provided that is never expected to result in cash flow. Charity Care results from a provider's policy to provide healthcare services free of charge or at a reduced cost to individuals who meet certain financial criteria. Indigent Correct Answer: an individual who has no means of paying for medical services or treatmen...

Prorating Rent - Answer- paid in advance monthly rent collected by the seller for the month must be divided between seller and buyer Areas of expert knowledge required for all real estate licensees? - Answer- 1. Property Transfer 2. Valuation 3. Marketing (Not accounting or construction) Real estate licensees can perform valuations under the real estate license law if the valuation is not to be used _________. - Answer- in a federally related transation real estate licensees usuall...

1. The real estate market is local in nature what does that mean? Information about real estate can best be found through local sources, which makes the real estate market local in nature 2. You would expect a real estate licensee to perform all of the following activities, EXCEPT: A. Providing expert knowledge about construction methods and materials B. Providing expert knowledge to members of the public in the performance of specified services of real estate C. Following up with cus...

ACG 2021 ch 1-4 exam Questions and answers, 100% accurate, rated A Sole proprietorship - --simple to establish -owner controlled -tax advantages Partnership - --simple to establish -shared control -broader skills -tax advantages Corporation - --easier to transfer ownership -easier to raise funds -no personal liability Internal users - -marketing, management, finance, HR External users - -creditors and investors Sarbanes oxley act - -law passed to keep financial informa...

PARTNERSHIPS: What is a partnership? s.1(1) Partnership Act 1890 Partnership = persons carrying on business with a view to profit. – May form a partnership irrespective of contrary intention. A partnership is formed once the definition is satisfied, not when a decision to form a partnership is made. Existence of partnerships: s.1(1) PA 1890 No formality is needed to establish a partnership so a partnership can be formed without the specific intent of the parties to form one. s.2(3) ...