Fcs 340 exam 2 - Study guides, Class notes & Summaries

FCS 340 EXAM Questions and Verified Answers (2024 / 2025)/ A+ GRADE 1. Which of the following is not identified as a purpose of the book? ANS Teach you to accumulate wealth. 2. The authors suggested four answers to the question, "Why should I learn about family finance?" Which is not one of the four reasons? ANS Community - becoming a stronger citizen or member of your community 3. The second important question the authors suggested you ponder was, "What are the profound principles upon w...

FCS-340 Exam 2 Questions with Correct Answers If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - ANSWER Anywhere between $50 to $500 When you select a financial services provider, what are major factors to consider? - ANSWER Convenience; Service; Interest rates (borrowing); Fees What type of financial services does a credit card company provide - ANSWER Short-term lending What type of financial services does a i...

If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - Anywhere between $50 to $500 When you select a financial services provider, what are major factors to consider? - Convenience; Service; Interest rates (borrowing); Fees What type of financial services does a credit card company provide - Short-term lending What type of financial services does a investment company provide - Mutual funds, money market funds What type...

FCS 340 Exam 3 Questions with Correct Answers Updated Latest 20242025 1. Traditional financial guidelines suggest that your home should cost about times your annual income ANS 20-30% 2. List advantages and disadvantages of renting ANS Advantages Easy to move, financial benefits, lifestyle flexibility Disadvantages No tax benefit, limitations on remodeling, restrictions on pets 3. The opportunity to have another person take over rent payments and live in the rental unit is called . ANS...

FCS 340 Exam 2 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - Anywhere between $50 to $500 When you select a financial services provider, what are major factors to consider? - Convenience; Service; Interest rates (borrowing); Fees What type of financial services does a credit card company provide - Short-term lending What type of financial ...

FCS-340 Exam 2 Questions with Correct Answers If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - ANSWER Anywhere between $50 to $500 When you select a financial services provider, what are major factors to consider? - ANSWER Convenience; Service; Interest rates (borrowing); Fees What type of financial services does a credit card company provide - ANSWER Short-term lending What type of ...

FCS 340 Exam 3 Questions and Verified Answers (2024 / 2025)/ A+ GRADE 1. traditional financial guidelines suggest that your home cost about times your annual income ANS 2 1/2 or (25 or 30 percent of your take-home pay) 2. list advantages of renting ANS easy to move; fewer responsibilities for maintenance; minimal financial commitment 3. list disadvantages of renting ANS no tax benefits; limitations regarding remodeling; restrictions regarding pets and other activities 4. The opportunity ...

FCS-340 Exam 2 Questions and Verified Answers (2024 / 2025)/ A+ GRADE 1. If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? ANS Anywhere between $50 to $500 2. When you select a financial services provider, what are major factors to consider? ANS Convenience; Service; Interest rates (borrowing); Fees 3. What type of financial services does a credit card company provide ANS - Short-term lending 4. What type of financi...

FCS-340 Exam 2 Questions with Correct Answers If you lose your debit card and notify your financial institution within two days, how much are you potentially liable for? - ANSWER Anywhere between $50 to $500 When you select a financial services provider, what are major factors to consider? - ANSWER Convenience; Service; Interest rates (borrowing); Fees What type of financial services does a credit card company provide - ANSWER Short-term lending What type of financial services does a i...