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1)An individual\'s cash budget would include a)assets and liabilities b) receipt

ID: 2812389 • Letter: 1

Question

1)An individual's cash budget would include

a)assets and liabilities

b) receipts and disbursements

c) income and expenses

d) assets and income

2)Financial plans should be

a) created and left untouched

b) randomly created

c)rigid and unchanging

d) monitored and altered as conditions and objectives change

3)In terms of the financial life cycle, the early years of earnings and investing would be considered

a)period of preservation

b)period of accumulation

c)period of overspending

d)period of depletion

4)Which of the following states that using price data will not produce superior results however, using financial analysis may produce superior returns?

weak form efficient market theory

semi-strong form efficient market theory

strong form efficient market theory

d) random walk market theory

5)A tax shelter can help

A.     avoid taxes

B.     reduce taxes

C.     defer taxes

D.     all of the above

a)

weak form efficient market theory

b)

semi-strong form efficient market theory

c)

strong form efficient market theory

d) random walk market theory

5)A tax shelter can help

A.     avoid taxes

B.     reduce taxes

C.     defer taxes

D.     all of the above

Explanation / Answer

1)An individual's cash budget would include

b) receipts and disbursements

2)Financial plans should be

d) monitored and altered as conditions and objectives change

3)In terms of the financial life cycle, the early years of earnings and investing would be considered

b)period of accumulation

4)Which of the following states that using price data will not produce superior results however, using financial analysis may produce superior returns?

a)

weak form efficient market theory

5)A tax shelter can help

D. all of the above