Midterm Pf/101

Midterm 1) FP/101 What term is used to describe spile beginning to spend their wealth in their retirement years? A. disposing B. deferring C. distributing D. decumulating 2) Which of the following would be considered a savings alternating(a)? A. a calculate card B. checking account C. certificate of deposit D. a forthwith account 3) Which of the following is non included in a typical monetary political program? A. A gunstock for financial emergencies B. A retirement computer programme C. A envision for protecting your assets with insurance D. A career contrive 4) Which of the following is not norm altogethery considered an area of personalised pay? A. investments B. budgeting C. retirement readiness D. choice of a marriage spouse 5) For the overall U.S. market, how is ostentatiousness measured? A. modification in Consumer equipment casualty power B. change in Producer Price ability C. change in GDP D. change in in large quantities Price In dex 6) Which step in the financial plan process involves develop goals? A. Step 1 B. Step 2 C. Step 3 D. no(prenominal) of the Above 7) Which of the following is not one of the go in the personal financial readiness process? A. Identifying and evaluating alternative strategies for achieving goals B. Developing short-term and long-term financial goals C. Implementing a plan for achieving goals D.

Determining appropriate risk train of participant 8) Preparing personal financial statements is part of which of the five steps of the financial planning process? A. Develop Goals B. Analyze Your up-to-d ate Financial dress C. Establish and Implem! ent Your Plan D. None of the above 9) Which of the following is an profit of using a account card? A. They free customers from carrying hard currency or checkbooks. B. They dish up control overspending. C. They cause an immediate electronic withdrawal from a deposit account. D. They are not true at all retail stores. 10) Which federal agency insures bank deposits? A. FDIC B. Federal earmark C. SEC D. FSLIC 11) Which of the following would be considered a...If you demand to get a full essay, order it on our website: OrderCustomPaper.com

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