
Ries chapter 10-12 test
Authored by Suzy Ries
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34 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
How quickly your money can be converted into cash.
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
_______________ is about planning for future wants and needs where __________________ is about building wealth.
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
What is the purpose of an emergency fund?
To spend on wants
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Ideally, an emergency fund should be ____________ months of expenses.
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
How do you know when you are building wealth?
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Which of the following assets would be the least liquid?
cash
Home
a 1 year CD
Car
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
The value of all of your acquired assets after long term investing.
real estate
estate
payola
living will
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