Financial Managment Unit 2B: Question Preview (ID: 7025)


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Which is a typical activity of working parents in a developing family?
a) Carol and Chuck are putting money into a college fund for their children. b) While their children are in college, Deb and Dean are revising their retirement plans. c) Beth and Bob are enjoying setting up their first home. d) Because Alice and Ashley began to have more health problems after retirement, they increased their i
Which is an example of a typical expense for an adult in a launching family?
a) College Tuition b) Music Lessons c) Increased Medical bills d) Down Payment for Condomenium
After receiving a chain letter promising he would receive lots of cash in the mail, Ted thought how lucky he was and sent cash to five strangers. Ted\'s behavior illustrates failure
a) be informed b) protect c) plan d) communicate
Which is an example of an adult in a mid-years family?
a) Terry, age 58, lives with her 60-year-old husband, both plan to retire in five years b) Shirley, age 30, single mom with two sons in middle school, adopting an infant girl c) Steve, age 38, married, two small children d) Tammy, age 23, plans to get married in the spring
After Frank inherited $100,000 from his rich uncle, he thought his financial difficulties had come to an end; but in six months, he had spent all of the inheritance and had very li
a) plan b) communicate c) be informed d) protect
Which is a typical activity of midlife adults in a launching family?
a) While their children are in college, Deb and Dean are revising their retirement plans. b) Because Alice and Ashley began to have more health problems after retirement, they increased their i c) Beth and Bob are enjoying setting up their first home. d) Carol and Chuck are putting money into a college fund for their new baby.
Jenny Jones has reached the top of her career field and earns a six-figure salary. She has invested 20% of her income for the past fifteen years in order to build assets to pay col
a) Wealth accumulation b) Basic wealth protection c) Before financial life cycle begins d) Wealth distribution
Beth quickly purchased a bottle of salad dressing for her mother that she thought would be suitable for her mother\'s salt-free diet. When she arrived at her mother\'s apartment, her
a) be informed b) protect c) plan d) communicate
Which illustrates concealing information? The man:
a) in the booth at the mall refused to tell where his business was located b) told people he was collecting for the homeless, but kept the money for himself. c) said that the table linens were handmade. d) said that the special price was only good for twenty-four hours.
Which illustrates a typical line from an earn-money-at-home offer?
a) \ b) \ c) \ d) \
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