Lesson 1 (3.0 points) 1. What is credit? (0.5 points) it s a commitment to pay for something in the future, instead of paying for it right away. 2. What is a credit score?
Section 1 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. Name at least two things financial planning could help you do. (0.5 points) Help you make goals, manage spending, and organize and keep track of income 2.
Brandon Smith 9/26/2014 Study Questions 1 Section 1 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. Name at least two things financial planning could help you do. (0.5 points) Two things financial planning could help me do is Identify Goals and Spending Priorities.
Section 5 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is credit? (0.5 points) Is a commitment to pay for something in the future, instead of paying for it right away 2.
1 c. 5 d. 4 E16.5 Multiple Choice—Corporate Governance a. 3 b. 5 c. 2 E16.6 Multiple Choice—SEC and Accounting Standards a. 3 b. 4 E16.7 Multiple Choice—Registration of Securities a.
Section 7 Study Questions (9.0 points) Answer each question fully. Complete sentences are not necessary. Lesson 1 (3.0 points) 1. What is a lifestyle? (0.5 points) The way in which a person or group lives.
DIF: H REF: 7.3 The Security Market Line and the CAPM 2. Suppose David can borrow and lend at the risk-free rate of 5%. Which of the following three risky portfolios should he hold in combination with a position in the risk-free asset? a. portfolio with a standard deviation of 16% and an expected return of 12% b. portfolio with a standard deviation of 20% and an expected return of 16% c. portfolio with a standard deviation of 30% and an expected return of 20% d. he should be indifferent in holding any of the three portfolios ANS: B To determine which portfolio is the best, draw a line from the risk-free rate to each dot in the figure and choose the line with the highest slope. DIF: H REF: 7.3 The Security Market Line and the CAPM 3.
6. (TCO 4) What is the difference between voluntary consent and informed consent? (Points : 7) Question 7. 7. (TCO 4) What are the five characteristics of a causal hypothesis?
Which accounts have debit or credit balances. 4. The difference between cash-basis versus accrual-basis of accounting. 5. The meaning and implications of using FIFO, LIFO, and weighted average cost-flow assumptions.
Week 3 – Assignment 1 – Problem 5-24 Determining account balances: percent of revenue allowance method of accounting for uncollectible accounts. A. Compute the following amounts. 1. Using the allowance method, the amount of uncollectible accounts expense for 2012. The estimate of bad debts expense was .5% (which equals .005) of sales on account.