Financial Planning and Risk Management

Attempts to increase income through employment are part of the (a)   component of financial planning.

• planning

• spending

• borrowing

• obtaining

Which is the most important source of tax revenue for local governments?

• Property taxes

• Corporate income taxes

• Sales and excise taxes

• Personal income taxes

A credit card is a type of:

• Loan/borrowing.

• Checking account.

• Cash account.

• Savings account.

Public finance is the subdiscipline of economics that studies the various ways in which

• governments may regulate and promote the stability of the financial sector.

• governments raise and expend money.

• firms in the financial sector provide services to households and firms.

• the general public acquires financing for their purchases.

The word 'consequence' means:

• a result or effect of an action or condition

• a random event

• a type of fruit

• a mathematical operation

The word 'deteriorate' means:

• to improve

• to worsen

• to stabilize

• to create

The word 'efficient' means:

• wasteful

• productive

• slow

• ineffective

The word 'generate' means:

• to create or produce

• to destroy

• to ignore

• to simplify

The word 'implement' means:

• to carry out or put into effect

• a tool or instrument

• a type of software

• a decorative item

The word 'justify' means:

• to prove or show something to be right or reasonable

• to make an excuse for something

• to write in a straight line

• to argue against something