W!SE Review

A disadvantage of using a safe-deposit box for keeping financial documents is that it ____.

Comprehensive Insurance would be used mostly if a person: 

Saving for vacation next summer or paying off debts by the end of the year are examples of 

Financial plans that are more than five years long are called ____.

The NCUA is responsible for insuring the Credit Unions 

Which is the most liquid asset?

The trade-off made by making one choice instead of another is commonly referred to as a(n) ___.

The ways in which people make, distribute, and use their goods and services is called the ____.

Insurance risks involving losses caused by negligence are called ____.

Your net worth goes up when you ____.

The FDIC  insures depositors against losing their money in the case of a ____.

A corporation gets it equity capital from its ____.

Blue Chip stocks are well established stocks with a history of success

One use of discretionary funds is spending on ____.

The purpose of Insurance is NOT to:

To earn high interest rates on a CD's  you must accept all the following limitations EXCEPT __.

The amount of goods and services available for sale is called ____.

Earning interest on previously earned interest is called ____.

What is the largest stock market in the world?

Renting is often a wise choice for someone who wants ____

The FDIC is responsible for insuring your money in credit unions.

The amount that you pay out of pocket before your insurance company will pay for anything...

You will earn a higher interest rate when you ____.

Which term refers to loss in value as an item gets older?

In a Chapter 13 bankruptcy, the debtor usually gets to ____.

IRA stands for: 

The rule of 72 is used to determine how much money you can earn in a certain amount of time. 

W-4 forms are used to determine the number of dependents a person has. 

Which of the “five C’s of credit” require that a person’s assets exceed his or her liabilities?

A driver’s insurance premium rates will probably increase if he or she ____.

Which if the following types of investments has the lowest risk and lowest rate of return?

Credit cards allow you to ____.

An example of open-end credit is a(n) ____.

The term used to describe the ease & speed that you can convert savings or investment to cash

A bear market is when the overall market is rising. 

An example of a variable expense is ____.

Of the following investments, the one with the most predictable income is ____.

Compared with commercial banks, credit unions generally offer __

Because of inflation a dollar will be worth_____________ in the future.

When writing a check, include all of the following EXCEPT ____.