Fcs 340 exam 1 questions - Study guides, Class notes & Summaries
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FCS-340 Exam 2 Questions and Verified Answers (2024 / 2025)/ A+ GRADE
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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...
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FCS 340 Test 1 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version
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Higher consumer prices are likely to be accompanied by _______ interest rate. - higher 
What is the definition of economics? - Study of how wealth is created and distributed 
What is the Fed? - Federal Reserves 
What is the main responsibility of the Fed? - Regulate national money supply 
The "obtaining" component of financial planning is defined - Foundation of financial planning, 
resources used for all financial activities 
What is liquidity refer to? - Be able to take financial resources a...
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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 
What is a closed-end mutual fund? What is an open-end mutual fund? - 
Closed- shares issued by an investment company only when fund is organized 
Open- shares issued and redeemed by the investment company at the request of investors 
 
What is the net asset value? When is the net asset value calculates? - value of a mutual fund / at the 
end of every day 
 
What is a load fund? What is a no-load fund? - ...
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FCS 340 EXAM BUNDLED FCS 340 Exam 1-3 Questions with Correct Answers Updated Latest 20242025
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FCS 340 EXAM BUNDLED FCS 340 Exam 1-3 Questions with Correct Answers Updated Latest 20242025
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FCS 340 Exam 1 Actual Exam Questions 100% Correct Answers Verified 2024 Version
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FCS 340 Exam 1 | Actual Exam Questions | 
100% Correct Answers | Verified 
2024 Version 
Which of the following is not identified as a purpose of the book? - 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? - Community: Becoming a stronger citizen and member of your 
community. 
The second important question the authors suggested you ponder: "What are the profound principles 
...
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FCS 340 Test 1 Actual Exam Questions 100% Correct Answers Verified 2024 Version
- Exam (elaborations) • 6 pages • 2024
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FCS 340 Test 1 | Actual Exam Questions 
| 100% Correct Answers | Verified 
2024 Version 
Higher consumer prices are likely to be accompanied by _______ interest rate. - higher 
What is the definition of economics? - Study of how wealth is created and distributed 
What is the Fed? - Federal Reserves 
What is the main responsibility of the Fed? - Regulate national money supply 
The "obtaining" component of financial planning is defined - Foundation of financial planning, 
resources used for all ...
-
FCS 340 Final Exam Actual Exam Questions 100% Correct Answers Verified 2024 Version
- Exam (elaborations) • 11 pages • 2024
-
- $8.49
- + learn more
FCS 340 Final Exam | Actual Exam Questions | 
100% Correct Answers | Verified 2024 Version 
What is a closed-end mutual fund? What is an open-end mutual fund? - 
Closed- shares issued by an investment company only when fund is organized 
Open- shares issued and redeemed by the investment company at the request of investors 
What is the net asset value? When is the net asset value calculates? - value of a mutual fund / at the 
end of every day 
What is a load fund? What is a no-load fund? - Load...
-
FCS 340 Exam 1 Actual Exam Questions 100% Correct Answers Verified 2024 Version
- Exam (elaborations) • 9 pages • 2024
-
- $7.99
- + learn more
Which of the following is not identified as a purpose of the book? - 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? - 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 is not one of the four stewardsh...
-
FCS 340 Exam 1 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version
- Exam (elaborations) • 9 pages • 2024
-
- $11.99
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Which of the following is not identified as a purpose of the book? - 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? - 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 is not one of the four stewardsh...
-
FCS 340 Test 1 Actual Exam Questions 100% Correct Answers Verified 2024 Version
- Exam (elaborations) • 6 pages • 2024
-
- $7.99
- + learn more
Higher consumer prices are likely to be accompanied by _______ interest rate. - higher 
What is the definition of economics? - Study of how wealth is created and distributed 
What is the Fed? - Federal Reserves 
What is the main responsibility of the Fed? - Regulate national money supply 
The "obtaining" component of financial planning is defined - Foundation of financial planning, 
resources used for all financial activities 
What is liquidity refer to? - Be able to take financial resources a...
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