stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
CFM Money Management Flashcards | StudBud
Explore
/
CFM Money Management
CFM Money Management
13 terms
·
StudBud Administration
·
818 plays
Review for Independent Living, Unit 3 Test #moneymanagment #CFM
Flashcards
13 cards
F
Practice quiz
P
Host live
L
Questions
13
Answers
1
A plan for managing money for a given period of time.
Savings
Income
Statement
Budget
2
The creditor’s evaluation of a person’s willingness and ability to pay debts.
Credit Rating
Credit Score
Credit Report
3
This institution is non-profit and controlled by its members.
Credit Union
Bank
4
On the back of a check you need to deposit, it requires your signature.
Check
Blank Endorsement
Check Register
Deposit Slip
5
This type of institution earns money on profit from their customers.
Bank
Credit Union
6
Banks will honor your check or check card purchases even if they exceed your balance.
Overdraft Protection
Bounced Check
Free checking
Credit
7
A history or record of a person’s financial and credit practices.
Credit Rating
Credit Score
Credit Report
8
The money you spend on needs and wants.
Expenses
Budget
Income
Savings
9
Interest earned only be initial deposit
Compound Interest
Simple Interest
10
Numerical expression of a person’s credit worthiness.
Credit Rating
Credit Report
Credit Score
11
Which is not one of the 3 C's of credit?
Character
Capital
Capcity
Creativity
12
Interest earned on your initial deposit as well on the interest you earned, the better option
Compound Interest
Simple Interest
13
Any money coming in
Withdrawl
Budget
Gross Income
Income