Question 1

It is important that you start a budget as soon as possible.

Accepted Answer

A) True 
 B)False

Question 2

Debt:

Accepted Answer

A)  Is the amount of money that is yours after paying off both assets and liabilities 
B)  Includes tangible items that are worth money 
C)  Is the cost of borrowing money 
D)  None of the above 
A)  Is the amount of money that is yours after paying off both assets and liabilities 
B)  Includes tangible items that are worth money 
C)  Is the cost of borrowing money 
D)  None of the above

Question 3

A credit card can be used as a tool for creating good credit.

Accepted Answer

A) True 
 B)False

Question 4

It is important that you make your first budget perfect.

Accepted Answer

A) True 
 B)False

Question 5

The practice of good financial management includes:

Accepted Answer

A)  Developing good saving habits 
B)  Creating good spending habits 
C)  Practicing the wise use of credit 
D)  All of the above 
A)  Developing good saving habits 
B)  Creating good spending habits 
C)  Practicing the wise use of credit 
D)  All of the above

Question 6

Net income is the amount of your paycheck after your employer takes out all taxes and deductions.

Accepted Answer

A) True 
 B)False

Question 7

The best way to stay out of the debt hole is to manage your credit.

Accepted Answer

A) True 
 B)False

Question 8

The telephone bill you pay each month would be considered a liability.

Accepted Answer

A) True 
 B)False

Question 9

Having good credit will help you buy large items at a lower interest rate.

Accepted Answer

A) True 
 B)False

Question 10

Investments for the future should begin now.

Accepted Answer

A) True 
 B)False

Question 11

All junk mail should immediately be thrown into the garbage can.

Accepted Answer

A) True 
 B)False

Question 12

If you do not manage your finances, you probably will eventually experience stress at home and work.

Accepted Answer

A) True 
 B)False

Question 13

________ is the cost of borrowing money.

Accepted Answer

The answer of ________ is the cost of borrowing money....

Question 14

There are non-profit counseling services available to help you get out of debt.

Accepted Answer

A) True 
 B)False

Question 15

If you are the victim of identity theft, change your social security number.

Accepted Answer

A) True 
 B)False

Question 16

________ is the process of controlling your income and expenses.

Accepted Answer

Personal f

Question 17

A credit report may include:

Accepted Answer

A)  Previous addresses 
B)  Previous employers 
C)  Previous names 
D)  All of the above 
E)  None of the above 
A)  Previous addresses 
B)  Previous employers 
C)  Previous names 
D)  All of the above 
E)  None of the above

Question 18

A(n) ________ is a detailed financial plan for a specific time period.

Accepted Answer

The answer of A(n) ________ is a detailed financial plan...

Question 19

Income can come from:

Accepted Answer

A)  Working 
B)  Student loans 
C)  Parents 
D)  All of the above 
E)  None of the above 
A)  Working 
B)  Student loans 
C)  Parents 
D)  All of the above 
E)  None of the above

Question 20

Money wasters include:

Accepted Answer

A)  Toothpaste 
B)  Groceries 
C)  Rent 
D)  All of the above 
E)  None of the above 
A)  Toothpaste 
B)  Groceries 
C)  Rent 
D)  All of the above 
E)  None of the above

It is important that you start a budget as soon as possible.

Debt:

A credit card can be used as a tool for creating good credit.

It is important that you make your first budget perfect.

The practice of good financial management includes:

Net income is the amount of your paycheck after your employer takes out all taxes and deductions.

The best way to stay out of the debt hole is to manage your credit.

The telephone bill you pay each month would be considered a liability.

Having good credit will help you buy large items at a lower interest rate.

Investments for the future should begin now.

All junk mail should immediately be thrown into the garbage can.

If you do not manage your finances, you probably will eventually experience stress at home and work.

________ is the cost of borrowing money.

There are non-profit counseling services available to help you get out of debt.

If you are the victim of identity theft, change your social security number.

________ is the process of controlling your income and expenses.

A credit report may include:

A(n) ________ is a detailed financial plan for a specific time period.

Income can come from:

Money wasters include:

Your Attitude and Personality

Personal Financial Management

Time and Stress Managementorganizational Skills

Ethics, Politics, and Diversity

Etiquettedress

Customer Servicequality

Human Resource Management

Communication

Accountability and Workplace Relationships

Teamwork, Motivation, and Leadership

Conflict and Negotiation

Job Search Skills

Resume Package

Interview Techniques

Career and Life Changes

Filters

Exam 2: Goal Setting and Life Management

It is important that you start a budget as soon as possible.

Debt:

A credit card can be used as a tool for creating good credit.

It is important that you make your first budget perfect.

The practice of good financial management includes:

Net income is the amount of your paycheck after your employer takes out all taxes and deductions.

The best way to stay out of the debt hole is to manage your credit.

The telephone bill you pay each month would be considered a liability.

Having good credit will help you buy large items at a lower interest rate.

Investments for the future should begin now.

All junk mail should immediately be thrown into the garbage can.

If you do not manage your finances, you probably will eventually experience stress at home and work.

________ is the cost of borrowing money.

There are non-profit counseling services available to help you get out of debt.

If you are the victim of identity theft, change your social security number.

________ is the process of controlling your income and expenses.

A credit report may include:

A(n) ________ is a detailed financial plan for a specific time period.

Income can come from:

Money wasters include:

Your Attitude and Personality

Personal Financial Management

Time and Stress Managementorganizational Skills

Ethics, Politics, and Diversity

Etiquettedress

Customer Servicequality

Human Resource Management

Communication

Accountability and Workplace Relationships

Teamwork, Motivation, and Leadership

Conflict and Negotiation

Job Search Skills

Resume Package

Interview Techniques

Career and Life Changes

Filters