Fcs 340 exam 3 questions - Study guides, Class notes & Summaries

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...

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 companyb. An investment companyc. A life insuran...

FCS 340 Exam 3 | Actual Exam Questions | 100% Correct Answers | Verified 2024 Version 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...

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...

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 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 l...

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...

. A policy that pays you back for actual expenses is called a ______________________ plan. -Ans - Hospital indemnity policies . Define deductible -Ans - Amount the insured must pay before they receive before benefits become payable by the insurance company . Explain the following settlement options: a. Lump-sum payment. b. Limited installment payment. c. Life income option. d. Proceeds left with the company. -Ans - Lump sum- Pays face amount of policy in one installment. Limited...

A policy that pays you back for actual expenses is called a ______________________ plan. -Ans - Hospital indemnity policies . Define deductible -Ans - Amount the insured must pay before they receive before benefits become payable by the insurance company . Explain the following settlement options: a. Lump-sum payment. b. Limited installment payment. c. Life income option. d. Proceeds left with the company. -Ans - Lump sum- Pays face amount of policy in one installment. Limited i...

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...