Question 1

Child support payments:

Accepted Answer

A) Have no taxable impact on either the payer or the recipient 
B) Taxable to the payer at ordinary income rates and is tax-deductible by the recipient 
C) Taxable to the recipient at ordinary income rates and is tax-deductible by the payer 
D) Taxable to the child at ordinary income rates and is tax-deductible by the payer 
E) None of the above 
A) Have no taxable impact on either the payer or the recipient 
B) Taxable to the payer at ordinary income rates and is tax-deductible by the recipient 
C) Taxable to the recipient at ordinary income rates and is tax-deductible by the payer 
D) Taxable to the child at ordinary income rates and is tax-deductible by the payer 
E) None of the above

Question 2

What does Supplemental Security Income provide?

Accepted Answer

A) Income for food,clothing,and shelter. 
B) Medical payments. 
C) Comprehensive income for retirements. 
D) Drug payments. 
E) None of the above. 
A) Income for food,clothing,and shelter. 
B) Medical payments. 
C) Comprehensive income for retirements. 
D) Drug payments. 
E) None of the above.

Question 3

To lower taxes under a gifting program,each beneficiary can be given:

Accepted Answer

A) $14,000 per year,or $28,000 with spousal consent per year 
B) $11,000 per year,or $22,000 with spousal consent per year 
C) $110,000 per year,or $220,000 with spousal consent per year 
D) $100,000 per year,or $200,000 with spousal consent per year 
E) None of the above 
A) $14,000 per year,or $28,000 with spousal consent per year 
B) $11,000 per year,or $22,000 with spousal consent per year 
C) $110,000 per year,or $220,000 with spousal consent per year 
D) $100,000 per year,or $200,000 with spousal consent per year 
E) None of the above

Question 4

The percentage of the U.S.population with disabilities has been estimated at:

Accepted Answer

A) 20 percent 
B) 10 percent 
C) 2 percent 
D) 1 percent 
E) None of he above 
A) 20 percent 
B) 10 percent 
C) 2 percent 
D) 1 percent 
E) None of he above

Question 5

Assets that were generated or acquired during marriage are:

Accepted Answer

A) Marital assets 
B) Nonmartial assets 
C) Premartial assets 
D) Postmartial assets 
E) None of the above 
A) Marital assets 
B) Nonmartial assets 
C) Premartial assets 
D) Postmartial assets 
E) None of the above

Question 6

The right to buy a stock at a specific price for a specific period of time is called a:

Accepted Answer

A) Futures contract 
B) Forward contract 
C) Stock option 
D) Forward option 
E) None of the above 
A) Futures contract 
B) Forward contract 
C) Stock option 
D) Forward option 
E) None of the above

Question 7

The rights and requirements of marriages:

Accepted Answer

A) Are statutory 
B) Can transcend any contract or other understanding between the individuals 
C) Apply to both traditional and nontraditional marriages. 
D) Both a and b 
E) Both b and c 
A) Are statutory 
B) Can transcend any contract or other understanding between the individuals 
C) Apply to both traditional and nontraditional marriages. 
D) Both a and b 
E) Both b and c

Question 8

Which of the following is not a reason why a business may buy life insurance?

Accepted Answer

A) So that it has funds to provide for the replacement of a key person 
B) To diversify assets 
C) To eliminate taxes 
D) Both a and b 
E) Both b and c 
A) So that it has funds to provide for the replacement of a key person 
B) To diversify assets 
C) To eliminate taxes 
D) Both a and b 
E) Both b and c

Question 9

For each of the following retirement planning,insurance,and estate issues,please detail the differences between married and unmarried couples.
Retirement Planning
-Social Security
-Company Pension
-Home
Insurance
-Life
-Property
-Medical
Estate
-Marital Exemption
-No Will
-IRA
-Child
-Taxation

Accepted Answer

The answer of For each of the following retirement planning,insurance,and...

Question 10

Which of the following is not one of the three principal sources or distributions of financial resources in a divorce settlement?

Accepted Answer

A) Property 
B) Revenue 
C) Alimony 
D) Child support 
E) None of the above 
A) Property 
B) Revenue 
C) Alimony 
D) Child support 
E) None of the above

Question 11

Upon the death of the owner of a closely held business,

Accepted Answer

A) The estate has the option of deferring taxation for two years 
B) The estate has the option of deferring taxation for five years 
C) The estate has the option of deferring taxation for fourteen years 
D) The estate does not have the option of deferring taxation 
E) None of the above 
A) The estate has the option of deferring taxation for two years 
B) The estate has the option of deferring taxation for five years 
C) The estate has the option of deferring taxation for fourteen years 
D) The estate does not have the option of deferring taxation 
E) None of the above

Child support payments:

What does Supplemental Security Income provide?

To lower taxes under a gifting program,each beneficiary can be given:

The percentage of the U.S.population with disabilities has been estimated at:

Assets that were generated or acquired during marriage are:

The right to buy a stock at a specific price for a specific period of time is called a:

The rights and requirements of marriages:

Which of the following is not a reason why a business may buy life insurance?

For each of the following retirement planning,insurance,and estate issues,please detail the differences between married and unmarried couples. Retirement Planning -Social Security -Company Pension -Home Insurance -Life -Property -Medical Estate -Marital Exemption -No Will -IRA -Child -Taxation

Which of the following is not one of the three principal sources or distributions of financial resources in a divorce settlement?

Upon the death of the owner of a closely held business,

Introduction to PFP

Time Value of Money

Beginning the Planning Process

Household Finance

Financial Statements Analysis

Cash Flow Planning

Debt

Non Financial Investments

Financial Investments

Risk Management

Other Insurance

Retirement Planning

Educational Planning

Tax Planning

Estate Planning

Stocks, Bonds and Mutual Funds

Background Topics

Capital Needs Analysis

Behavioral Financial Planning

Modern Investment Theory

Employee Benefits

Comprehensive Financial Plan-Dan and Laura

Examining Financial Regulation and Ethics

Filters

Exam 22: Behavioral Finance-Applications

Child support payments:

What does Supplemental Security Income provide?

To lower taxes under a gifting program,each beneficiary can be given:

The percentage of the U.S.population with disabilities has been estimated at:

Assets that were generated or acquired during marriage are:

The right to buy a stock at a specific price for a specific period of time is called a:

The rights and requirements of marriages:

Which of the following is not a reason why a business may buy life insurance?

For each of the following retirement planning,insurance,and estate issues,please detail the differences between married and unmarried couples. Retirement Planning -Social Security -Company Pension -Home Insurance -Life -Property -Medical Estate -Marital Exemption -No Will -IRA -Child -Taxation

Which of the following is not one of the three principal sources or distributions of financial resources in a divorce settlement?

Upon the death of the owner of a closely held business,

Introduction to PFP

Time Value of Money

Beginning the Planning Process

Household Finance

Financial Statements Analysis

Cash Flow Planning

Debt

Non Financial Investments

Financial Investments

Risk Management

Other Insurance

Retirement Planning

Educational Planning

Tax Planning

Estate Planning

Stocks, Bonds and Mutual Funds

Background Topics

Capital Needs Analysis

Behavioral Financial Planning

Modern Investment Theory

Employee Benefits

Comprehensive Financial Plan-Dan and Laura

Examining Financial Regulation and Ethics

Filters