Personal Finance Exam Review Supplement

Front

Banks and lenders use credit scores to determine . . .

Back

The likelihood that someone is able to repay debt

Front

An item that you must have for survival is considered a...

Back

Need

Front

The NYSE and the NASDAQ are both considered to be...

Back

Exchanges

Front

During a bull market, stock prices are generally doing the following...

Back

Rising

Front

What factors affect a credit score?

Back

type of debt, new debt, duration of debt

Front

you should visit your college's financial aid office if: your parents' financial situation has changed, you have any problems with the financial aid application process, a medical situation has come up

Back

all of the above

Front

Company X's board of directors has decided to issue a portion of its earnings to its shareholders. If you own stock in Company X, you can expect to receive a(n)

Back

dividend

Front

On average, the largest major expenditure on a spending plan is

Back

Housing

Front

Which of the following is a flexible expense? Loan payment, Eating out, Garbage collection fee, Cable

Back

Eating out

Front

The primary purpose of a checking account is to

Back

help manage money and make paying bills more convenient