FHCE 3200 EXAMS BUNDLE

FHCE 3200 Test #1, Exam Review Questions and answers/ Financial Literacy - -how well you can understand and use personal finance-related information. Financial risk tolerance - --your willingness to engage in financial endeavors that have uncertain outcomes. -your willingness to engage in a b...

FHCE 3200: EXAM 1, Questions and answers, rated A+ financial literacy - -how well you can understand and use personal finance-related information. internal view of the financial world - -1. financial knowledge 2. financial risk tolerance 3. feelings of control financial knowledge - -ability t...

FHCE Exam 1: Exam Questions and answers, rated A+ _ and _ to follow through on plans is essential to accomplishing goals - -Commitment and motivation to follow through on plans is essential to accomplishing goals "Grants" - - -A form of government transfer "Medicaid" - "Medicare" - - -...

FHCE 3200, Exam Review Questions and answers/ b) how well an individual can manage their finances based on their access to financial resources - - financial capacity can be defined as a) how well an individual understands financial information b) how well an individual can manage their finance...

FHCE 3200, Exam Review Questions and answers/ A following asset that has high liquidity and low potential return - -savings account Active funds under perform passive funds about 90% of the time - - best combination for risk - -high risk severity +low frequency of risk = purchase insurance

FHCE 3200 Exam 3 Quiz Questions & Answers/ Rated A+ b. FALSE - -TRUE or FALSE: A Roth IRA qualifies for the IRA tax deduction found on the 1040 tax form. a. TRUE b. FALSE a. Universal Transfer to Minors Act - -Erin, a good friend of yours, would like to transfer a boat she inherited to her...

FHCE 3200 Module 1, exam review Questions and answers/ Perceived Competence - -how well someone can access, understand, and apply financial information Measured Competence - -A person's ability to access, understand, and apply financial information when measured on a scale Financial Capabi...

FHCE 3200 Questions and answers. VERIFIED/ Medicaid is a health insurance program for individuals who are 65 years of age or older - -false Social security is paid by employees, employers and the self employed. Those resources are placed into a trust and paid out to individuals who've reached...

FHCE Exam #2 Questions and answers, rated A+ There is a shift from children as "investment" to - -"consumption" Number of births per 1000 population - -Crude Birth Rate Number of births per 1000 women aged 15-44 - -General Fertility Rate Number of births by women of a specific age in relat...

FHCE Exam 3 Questions and answers, rated A+ More than ______________ teens are unable to make simple, everyday choices about spending - -1 in 6 Only ____________ teens can solve complex financial tasks. - -1 in 10 ______________ percent of US students do not even reach the baseline level of f...

FHCE 3000 Exam 1, Questions and answers, rated A+ What are the 3 internal views of the financial world? - -1. Financial risk tolerance 2. Financial knowledge 3. Feelings of control The ability to understand personal finance information - -financial knowledge Is your willingness to engage in f...

FHCE 3200- final exam Questions and answers/ Financial capacity can be defined as: - -How well an individual can manage their finances based on their access to financial resources An individual's willingness to engage in a risky financial behavior is known as their - -financial risk toleran...

FHCE 3200- CHAPTER 2, Questions and answers, rated A+ Federal Deposit Insurance Corporation (FDIC); National Credit Union Administration (NCUA) - -will protect your savings deposit up to $250000 APR - -periodic interest rate * number of periods in the year APY - -compound growth, additional i...

TEST 1 FHCE, Exam Review Questions and answers/ Family Economy - -a unit of economically interdependent individuals whose goal is to attain their desired level of living Gross Domestic Product - -the total value of goods produced and services provided in a country during one year