PF 6.01 & 6.02 Review Question Preview (ID: 11922)
Personal Finance Review For 6.01 And 6.02.
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Joanna is comparing the estimated value of the make, model, and year for three different used cars. Which type of pricing is this?
a) Base price
b) Sticker price
c) Invoice price
d) Book value
When researching cars, John asked about the car\'s acceleration for speed on the highway and going up steep hills. Which factor to consider when buying vehicles is this?
a) Comfort and convenience
b) Safety
c) Power and performance
d) Fuel economy
Jordan turned in his leased car before the 36-month lease ends. One condition of this decision is having:
a) a possible option to buy the vehicle.
b) to pay for vehicle depreciation.
c) to pay a penalty for early termination.
d) to pay the next monthly payment.
Josh is checking locations of bus stops and possible carpools from the dorm to his internship site. Which step in meeting transportation needs is this?
a) List transportation options
b) Obtain vehicle insurance
c) Do the research
d) Set priorities
Martin is comparing the book value of several used cars. Which step in meeting transportation needs is this?
a) List transportation options
b) Obtain vehicle insurance
c) Do the research
d) Set priorities
A disadvantage of what mode of transportation is the higher rate of accidents than other modes?
a) Carpooling
b) Taxicabs
c) Public Transit
d) Motorcycles
An ADVANTAGE of buying a new car instead of a used one is that a new car:
a) can be insured at lower costs.
b) offers more choices of features.
c) has more defects.
d) depreciates more slowly than used cars.
Jonny decided to wait for tents to go on sale to purchase his. Which effective shopping practice is his decision to wait?
a) Plan before you shop
b) Shop wisely in stores
c) Comparison shop services
d) Comparison shop products
The Home Shopping Network is an example of which type of home shopping?
a) Catalog shopping
b) T-commerce
c) E-commerce
d) Door-to-door shopping
Agreeing to purchase a set of encyclopedias from someone who comes to your home to show them is an example of which type of home shopping?
a) Catalog shopping
b) T-commerce
c) E-commerce
d) Door-to-door shopping
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