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Fundamentals of Personal Financial Planning

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Fundamentals of Personal Financial Planning
Feedback — Final Exam
You submitted this quiz on Tue 5 Mar 2013 12:11 AM MSK. You got a score of 19.00 out of 25.00. You can attempt again, if you'd like.
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Начало формы
Question 1
Which of the following describes the formula for calculating your net worth? Your Answer | | Score | Explanation | Assets – Liabilities = Net Worth | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 2
A cash flow statement tells you Your Answer | | Score | Explanation | How much money you earn versus how much you spend | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 3
Which of the following items WOULD be considered income on your U.S. federal income tax form? Your Answer | | Score | Explanation | Tips | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 4
Putting money into an employer's regular 401k retirement plan would be an example of tax: Your Answer | | Score | Explanation | Deferral | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 5
A Defined Contribution plan is limited in: Your Answer | | Score | Explanation | The amount that can be contributed annually | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 6
Itemized deductions on your income taxes are not allowed for: Your Answer | | Score | Explanation | Gifts to your spouse | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 7
The United States Social Security Administration has which of the following types of disability programs? Your Answer | | Score | Explanation | Programs for total disability | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 8
Stocks represent a part of the debts owed by a company. Your Answer | | Score | Explanation | False | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 9
If you hold individual stocks, you are considered: Your Answer | | Score | Explanation | A direct investor | ✔ | 1.00 | | Total | | 1.00 / 1.00 | |
Question 10
Social Security

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