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WorksheetsPersonal Finance Final
Total questions: 25
Worksheet time: 13mins
A measurement of how quickly an asset can be turned into cash
Mortgage
Government
Liquidity
Bills
What is the document that passes title of property from there wishes
life insurgence
A will
Medical papers
identity theft
When should you start a retirement plan
in your 70's
never
At the end of your career
At the beginning of your career
Whats a bear market
when the stock market is decreasing steady
when the stock market is increasing steady
when the stock market is decreasing quickly
when the stock market is increasing quickly
What would be a low risk investment
Insured savings account
Bank claim
U.S savings bond
Balance mutual fund
What is a budget
Its a plan for cars
Its a plan for managing money
Its a plan for retierment
Its plan for taxes
Witch ones are apart of the credit bureaus
Transunion
Experian
Equifax
Medicare
What are 2 purposes of bankruptcy
Help with bills
give a debitor a fresh start
give a good budget plan
insure far treatment to creditor
When you secure a debt with the equity in your home
bank loan
equity load
mortgage
bank statement
What is the fair credit act
credit fraud
Act of a business agreement
A law that sets requirements for settling business disputes
Car loan
A written letter to inform a credit company of an incorrect charge on your account
letter of resignation
bills
home insurgence
dispute letter
What is buyers remorse
Buying many things
regret on a perchance
Buying things you need
buying a house
What idems could you use for a clateral to secure a load
dog
car
House
Land
What does basic health care pay for
Doctor fees
Lab work
Hospital bill
Surgery's
Whats the first step to managing risk
Insurgence claim
Risk assessment
identify theft
car loan
Buying insurgent to shift the risk of finance loss to an insurgence company
home insurence
car title
risk transfer
bills
What is the time frame for a short term goal
one year or less
one to 5 years
over 5 years
10 years
What is the time frame for a medium goal
one yea
one to five years
over 5 years
10 years
What is the time frame for a long term goal
one year
one to 5 years
over 5 years
10 years
Why is a cashier check safer than a regular check
Cashiers check has less money
Cashiers check has more money
Cashiers check bounces
Cashiers check can not bounce
What is it when a check has been returned to a bank unpaid
A valid check
A void check
A bounced check
A unpaid check
Whats the first stage of a business cycle
Recovery
peak
recession
trough
Whats the second stage of a business cycle
recovery
peak
recession
trough
Whats the third stage of a business cycle
recovery
peak
recession
trough
Whats the Forth stage of a business cycle
recovery
peak
recession
trough
