Fcs 340 exam - Study guides, Class notes & Summaries
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FCS 340 Exam 3 Questions with Correct Answers Updated Latest 20242025
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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...
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FCS 340 Exam 3 Questions and Verified Answers (2024 / 2025)/ A+ GRADE
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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 ...
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FCS 340 Exam 2024 with Guaranteed Correct Answers
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Which of the following is not identified as a purpose of the book? - correct answer Teach you to accumulate wealth. 
 
The authors suggested four answers to the question, "Why should I learn about family finance?" Which is not one of the four reasons? - correct answer Community: Becoming a stronger citizen and member of your community. 
 
The second important question the authors suggested you ponder: "What are the profound principles upon which the stewardship perspective is based?" Which i...
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FCS 340 Exam 1 Questions with Complete Solutions
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FCS 340 Exam 1 Questions with Complete Solutions 
 
Which of the following is not identified as a purpose of the book? - ANSWER Teach you to accumulate wealth. 
 
The authors suggested four answers to the question, "Why should I learn about family finance?" Which is not one of the four reasons? - ANSWER	Community: Becoming a stronger citizen and member of your community. 
 
The second important question the authors suggested you ponder: "What are the profound principles upon which the steward...
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FCS 340 Exam Questions with Correct Answers
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FCS 340 Exam 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	$50 
 
When you select a financial services provider, what are major factors to consider? - ANSWER	-Borrow money if needed. 
-Min. cost of checking & payment services 
-Bet return on savings 
 
What type of financial services do to the following provide? 
 
a.	A credit card company- 
 
b.	An investment company- 
c.	A lif...
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FCS 340 Exam Questions with Correct Answers
- Exam (elaborations) • 6 pages • 2023
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FCS 340 Exam 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 $50 
 
When you select a financial services provider, what are major factors to consider? - ANSWER -Borrow money if needed. 
-Min. cost of checking & payment services 
-Bet return on savings 
 
What type of financial services do to the following provide? 
 
a. A credit card company- 
 
b. An investm...
-
FCS 340 Exam 1 Questions with Complete Solutions
- Exam (elaborations) • 7 pages • 2023
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Available in package deal
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FCS 340 Exam 1 Questions with Complete Solutions 
Which of the following is not identified as a purpose of the book? - ANSWER Teach you to accumulate wealth. 
 
The authors suggested four answers to the question, "Why should I learn about family finance?" Which is not one of the four reasons? - ANSWER Community: Becoming a stronger citizen and member of your community. 
 
The second important question the authors suggested you ponder: "What are the profound principles upon wh...
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FCS 340 Final Exam | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version
- Exam (elaborations) • 11 pages • 2024
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FCS 340 Final Exam | Actual Exam Questions | 
100% Correct Answers | Verified 2024 Version
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FCS 340 Exam 3 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version
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Traditional financial guidelines suggest that your home should cost about __________ times your annual 
income - 20-30% 
List advantages and disadvantages of renting - Advantages: Easy to move, financial benefits, lifestyle 
flexibility 
Disadvantages: No tax benefit, limitations on remodeling, restrictions on pets 
The opportunity to have another person take over rent payments and live in the rental unit is called 
__________________________. - Subletting 
List advantages and disadvantages of b...
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FCS-340 Final Exam 100% Correct
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FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 100% Correct FCS-340 Final Exam 1...
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