FUHRMS: Unit 1

Match it! Select the correct answer from the pull down...Good luck!

The value of what is given up when you choose one option over another is

There are five steps in the financial planning process. What is the second step in the process?

Harold saves all extra income earned during peak seasons to give him money to fall back on during off-season months when work is more difficult to find. This money...

Dennis was shopping at the mall. He noticed that jackets are on sale for $99. In this case money is functioning as a ________.

Which one of the following statements is TRUE about decision making in financial planning process?

Brianna just bought a car. She realized that this one decision has created a need to make other, smaller decisions like where to get car insurance. These are known as...

Which of the following is most likely to be a short-term goal?

When your saved money is not keeping pace or growing with the rapidly increasing prices in the general economy, this is a case of