Exam 22: Appendix B: Managing Risk

Explore all topics

Shorty is worried that his health may soon deteriorate to the point where he will no longer be able to take care of his own finances.One way he could ease his mind would be to:

(Multiple Choice)

4.9/5

(38)

Question 141

If you are relatively healthy,there is no real reason to buy health insurance.

(True/False)

4.8/5

(36)

Question 142

Over the long-run,investing in __________ has proven to be a good strategy for obtaining a high rate of return.

(Multiple Choice)

4.9/5

(31)

Question 143

The factor likely to have the greatest impact on how fast the value of a home appreciates over time is the:

(Multiple Choice)

5.0/5

(37)

Question 144

A major source of revenue on your personal income statement is your salary or wages from your job.

(True/False)

4.9/5

(33)

Question 145

The tax shelter offered by home ownership increases the overall cost of owning your home.

(True/False)

4.8/5

(37)

Question 146

The reason you would prepare a durable power of attorney is to make sure that someone was named to take over your finances if you become incapacitated.

(True/False)

4.8/5

(38)

Question 147

Identify and discuss the six steps that individuals can take to gain control of their personal finances.

(Essay)

4.9/5

(27)

Question 148

Miko is in need of advice regarding investments,taxes,and insurance for herself and her family.She would be well advised to seek the advice of an insurance salesperson.

(True/False)

4.9/5

(43)

Question 149

Listing all of your personal assets is the first step in preparing your own income statement.

(True/False)

4.8/5

(30)

Question 150

Over 35% of U.S.households do not have a retirement account.

(True/False)

4.8/5

(36)

Question 151

If you are in the 25 percent tax bracket and your home mortgage interest is $1000 per month,then your after-tax mortgage interest cost is $750 per month.

(True/False)

4.8/5

(37)

Question 152

_________ is a form of life insurance that provides both a savings plan and pure insurance coverage.

(Multiple Choice)

4.9/5

(30)

Question 153

Financial planners regularly suggest that you borrow money to pay for large purchases.

(True/False)

4.8/5

(31)

Question 154

Your chances of becoming disabled at an early age are ________ than your chance of dying from an accident.

(Multiple Choice)

4.8/5

(41)

Question 155

From a financial viewpoint,it is best to buy a:

(Multiple Choice)

4.8/5

(39)

Question 156

In order to accumulate enough wealth to get started toward achieving their goals many people have to make significant sacrifices in their standard of living for several years.

(True/False)

4.8/5

(43)

Question 157

Roberto has just opened a 401(k)retirement plan.The money he invests in this plan will reduce Roberto's present taxable income.

(True/False)

4.8/5

(35)

Question 158

Henri wants to get better control of his personal finances.He should begin by setting up a personal balance sheet and a personal income statement.

(True/False)

4.9/5

(36)

Question 159

The tax-sheltered program to encourage self-employed people to accumulate retirement funds is called a(n):

(Multiple Choice)

4.8/5

(33)

Question 160

Showing 141 - 160 of 264

Exam 22: Appendix B: Managing Risk

Shorty is worried that his health may soon deteriorate to the point where he will no longer be able to take care of his own finances.One way he could ease his mind would be to:

If you are relatively healthy,there is no real reason to buy health insurance.

Over the long-run,investing in __________ has proven to be a good strategy for obtaining a high rate of return.

The factor likely to have the greatest impact on how fast the value of a home appreciates over time is the:

A major source of revenue on your personal income statement is your salary or wages from your job.

The tax shelter offered by home ownership increases the overall cost of owning your home.

The reason you would prepare a durable power of attorney is to make sure that someone was named to take over your finances if you become incapacitated.

Identify and discuss the six steps that individuals can take to gain control of their personal finances.

Miko is in need of advice regarding investments,taxes,and insurance for herself and her family.She would be well advised to seek the advice of an insurance salesperson.

Listing all of your personal assets is the first step in preparing your own income statement.

Over 35% of U.S.households do not have a retirement account.

If you are in the 25 percent tax bracket and your home mortgage interest is $1000 per month,then your after-tax mortgage interest cost is $750 per month.

_________ is a form of life insurance that provides both a savings plan and pure insurance coverage.

Financial planners regularly suggest that you borrow money to pay for large purchases.

Your chances of becoming disabled at an early age are ________ than your chance of dying from an accident.

From a financial viewpoint,it is best to buy a:

In order to accumulate enough wealth to get started toward achieving their goals many people have to make significant sacrifices in their standard of living for several years.

Roberto has just opened a 401(k)retirement plan.The money he invests in this plan will reduce Roberto's present taxable income.

Henri wants to get better control of his personal finances.He should begin by setting up a personal balance sheet and a personal income statement.

The tax-sheltered program to encourage self-employed people to accumulate retirement funds is called a(n):

Taking Risks and Making Profits Within the Dynamic Business Environment

Understanding How Economics Affects Business

Doing Business in Global Markets

Demanding Ethical and Socially Responsible Behavior

How to Form a Business

Entrepreneurship and Starting a Small Business

Management and Leadership

Adapting Organizations to Todays Markets

Production and Operations Management

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Dealing With Employee-Management Issues and Relationships

Marketing: Helping Buyers Buy

Developing and Pricing Goods and Services

Distributing Products

Using Effective Promotions

Understanding Accounting and Financial Information

Financial Management

Using Securities Markets for Financing and Investing Opportunities

Money, Financial Institutions, and the Federal Reserve

Appendix A: Using Technology to Manage Information

Filters