JROTC Final Review 13  May

JROTC Final Review 13 May

64 Qs

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JROTC Final Review 13  May

JROTC Final Review 13 May

Assessment

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LAWRENCE DEGRANGE

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64 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your budget is a detailed summary of expected _________ and ____________ during a given period.

income and expenses
liquidity and expenses
liquidity and assets
assets and expenses

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a need.

Television
Smart Watch
Basic Meals
Baseball Cards

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your goal should be for your income to be __________, not just equal to, your expenses.

less than
double
separate
greater than

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an advantage of savings accounts?

They pay interest
They will ensure you retire comfortably
They cannot be touched until you reach your goal
They are a high risk investment with a potential for large growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A charge on borrowed money.

Interest
Insurance
Income
Investment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

which of the following is an intangible asset?

Your car
Your health
Stocks
Baseball cards

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When setting a short-term financial plan, it should cover the following time frame:

0-1 Years
1-5 Years
5+ Years
Retirement

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