Econ - Law 4.3

(44) Financial plans (a) change over time (b) do not change over time (c) require a short term commitment (d) do not reflect your values over time

(a) change over time

(48) Which of the following is not listed on a personal net worth statement? (a) income (b) assets (c) l iabilities (d) net worth

(a) income

(50) Which of the following is a variable expense? (a) rent, (b) food (c) insurance (d) car payment

(b) food

(43) A goal that you want to achieve in three to four years is a (n) (a) short-term goal (b) medium-term goal (c) long-term goal (d) timeline

(b) medium-term goal

(49) Which of the following is a fixed expense? (a) food (b) rent (c) entertainment (d) utiIities

(b) rent

(41) For each pesonal goal you should have a(n)____goal. (a) timeline, (b) benchmark, (c) financial, (d) expert

(c) financial

(45) Which of the following financial professionals is likely to publish self-help materials? (a) financial planner (b) financial adviser (c) financial expert (d) investment adviser

(c) financial expert

(46) Which of the following can help protect your computer from hackers? (a) firewall (b) passwords (c) encryption (d) all of the above

(d) all of the above

(47) Which ofthe following is a luxury item? (a) food (b) medical care (c) more than one pair of shoes (d) sports car

(d) sports car

(42) Which of the following is not a financial record? (a) personal budget (b) checkbook, (c) tax return, (d) all of the above are financial records

(d) all of the above are financial records