Exam Review

Front 1

fred put 5% of his earnings into an interset-bearing savings account each month. For fred,this illusttrates which benefit of saving?

Back 1

Can be used o earn additional income

Front 2

Tom borrowed 100$ from a friend to buy items he needed for work with a retail value of 300$. When he gets his next pay check, he will have enough to pay off is debt this illustartes:

Back 2

wise use of credit to extend a person's buying power

Front 3

Kim has always loved and understood dogs: now she has a part time job dog sitting in the neighborhood. This Illustrates

Back 3

using ones knowledge to increase earnings

Front 4

sharon paid for an unexpected trip to the emergency room instead of paying her car payment. This illustrates

Back 4

an opportunity cost

Front 5

nancy works in a restaurant where she receive tips. Recieving tips is an example of

Back 5

Earnings

Front 6

Larry went to college thinking he would become a computer technician

Back 6

savings

Front 7

which is an example of eaarnings

Back 7

sam sold things he made at a flea market

Front 8

rick cannot afford to buy christmas gifts for everyone in his family. This Illustrates

Back 8

The Law Of Scarsity

Front 9

Which Is An Example Of Saving

Back 9

Mary put money in a bank account

Front 10

Which is An Example Of Spending

Back 10

mary brought a pair of designer jeans on the internet

Front 11

which is the best example of standards influencing finacial decisions

Back 11

keep up with their neighbors by buying a new big-screen television

Front 12

at the end of her freshman year at state university, vera thought about the decision she made to go to a state-supported university and realize she made a asmart choice

Back 12

evaluate the outcomes of the decision

Front 13

Mark's car refused to start he asked his uncle what mechanics he knew to teach him

Back 13

Identify resources and gather information

Front 14

Which is the best example of family needs influencing financial descions?

Back 14

Paying bills while mr.martin is laid off

Front 15

which is the best example of wants influencing finacial decisions?

Back 15

take a trip they had longed for

Front 16

mary's goal is to save his pocket money to buy a used cd player from his cousins who has just bought a new player.

Back 16

TIme bound but not not measurable

Front 17

matt's goal to save his pocket money to buy a used cd player from his cousin who has just bought a new player.

Back 17

not measurable and not time bound

Front 18

sabrina saw a scrap booking kit on a tv shopping network and decided immediately to call in a order.Which Type Of Factor most likely influenced her??

Back 18

Media

Front 19

sarah's concern over the rate of inflation caused her to set a goal to reduce the amount of money she spends on impulse purchases. Which type of factor most Likely influenced sarah's decision?

Back 19

Economic

Front 20

at breakfast, carla's dad a family trip to visit his mother. Then Carla Realized All The Invitation Were For The Same Day

Back 20

identify the decision to be made

Front 21

which is an example of a typical expense for an adult in a launching family??

Back 21

college tuition

Front 22

which is a variation of the typical family life cycle?

Back 22

a mothers two children are in middle ;the step afther two children are grown

Front 23

which is a typical activity of an adult in an parenting family

Back 23

roxie setup a cchores chart with daily tasks for each child in the family

Front 24

which is an example of a typical need of an expanding family

Back 24

purchasing supplies for a nursery for the new baby

Front 25

after her divorce, marissa earned her master's degree and was hired as an excutive in a downtown business firm. which lifestyle conditions does this

Back 25

martial status education level and employment status

Front 26

mark johnson began work as a bank manager with a good salary after graduation last year. His wife is a full-time university student working on a master's degree. Which Stage Of The Financial life cycle does this illustrate

Back 26

basic ealth protection

Front 27

pat has decided to attend the local ommuntity college before transferring to the nearest state university to earn a degree in computer technology

Back 27

before financial life cycle begins

Front 28

single mom marjorie works full time to take care of her two children and her aging grandmother. which lifestyle conditions does this illustrate

Back 28

dependants martial status and employment status

Front 29

which is an example of an dult in a mid years family

Back 29

terry, age58, lives with erh 60 year old husband, both plan to retire in five years

Front 30

which is a typical activity of older adults in aging family

Back 30

because alice and ashley bgan to have more health problems after retirement, they incrased their insurance coverage

Front 31

which illustarates seking help from a local agency

Back 31

contacting the better busines bureau

Front 32

beth quickly purchased a bottle of salad dressing for her mothers salt free diet. Beth behavior illustarates

Back 32

to be informed

Front 33

lisa did not take time to discuss with her husband her planned purchase of new bedroom furniture. when the furniture was delivered, her husband was not pleased with her choice. Lisa's behavior illustatrates

Back 33

communicate

Front 34

after frank inherited 100,000 from his rich uncle, he thought his finacial difficulties had come to an end; but in six months he had spent all.Franks behavior illustrates

Back 34

plan

Front 35

which illustrates a typical line from a lottery promotion

Back 35

purchase your ticket now for a chance to win over 150,000

Front 36

then did not feel comfortable telling the high pressure time share salesman 'no' This behavior illustrates

Back 36

communicate

Front 37

which illustatrates using available media to communictae and protect others

Back 37

calling oyur daughter to warn about scam artist going door to door

Front 38

which illustrates a typical line from an earn money at home offer?

Back 38

PPurchase special software for only 500 start your own business and earn quick profits

Front 39

after receiving a chain letter promising he would receive lots of cahs in the mail ted thought how lucky and send sent cash to five strangers

Back 39

be informed

Front 40

which illustrates a vague offer expecting one to pay up front?

Back 40

promised the shopper she'd tell her how to get the piano at no cost if she 'd purchase piano lessons

Front 41

after lorie worked part time in a shoe store in high school she planned to go to college to become a teacher which strategy for achieving goals is this???

Back 41

select jobs for short time purposes, careers for longer

Front 42

elmer decided to take part time job at the nursing home because it makes him feel good to help others. Which personal strategy for achieving goals is this?

Back 42

identify types of work that make you feel you are aking a diffrence

Front 43

jennifer chose to apply for admission to a aschool known for admitting students with gpa's similar to hers. Which education strategy for achieving goals is this?

Back 43

consideryour high school record and performance

Front 44

george decided to take a course in speed so he can read work materials more quickly. Which education strategy for achieving goals is this?

Back 44

invest in human capital to increase productivity

Front 45

after graduating with a degree in fashion marketing, nell accpeted a job as a department store salesperson hoping she could work her way up to assitant buyer. Which strategy for achieving goals is this

Back 45

use jobs to serve as stepping stones to reach career goals

Front 46

which situation illustrates evaluating he content of a programs before enrolling?

Back 46

holly talked with people who had studied at the trade school before deciding to enroll

Front 47

beverly is a social worker and earns a god salary with benefits. she has to get continuing education each year. she often has to tak

Back 47

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