Question 1.Allen Arnold has determined that the amount of money he spends on his mortgage payment, car insurance payment, and cable bill totals $1,200 each month. What type of expenses has Allen determined with this calculation?
Question 2.A $2,000 deposit to a tax-deferred retirement account for a person in a 25 percent tax bracket would result in a reduced tax bill of:
Question 3.The first step of the career planning process is to:
Question 4.The study of how wealth is created and distributed is:
Question 5.Which of the following trends is most likely to increase domestic career opportunities in manufacturing organizations?
Question 6.Mr. and Mrs. Keating want to give their son Dudley a total of $24,000. They each write him a check for $12,000 so they won’t have to pay any gift tax. This is an example of:
Question 7.When a taxpayer’s income increases $1,000 and the taxes owed increases from $7,867 to $8,177, the marginal tax rate is ______ percent.
Question 8.Which of the following would increase the risk of a loan?
Question 9.Higher prices are likely to result from:
Question 10.The main goal of personal financial planning is:
Question 11.The main responsibility of The Fed is to:
Question 12.The main economic influence that determines prices is:
Question 13.An investment account that increases from $1,000 to $1,005 in a month is earning approximately __ percent annual interest.
Question 14.A person has $1,250 in liabilities, monthly savings of $200, and monthly gross income of $2,500. What is the person’s savings ratio?
Question 15.The Hernandez family budgets $420 a month for food. Last month they spent $413, which creates a
Question 16.Which one of the following should be budgeted first?
Question 17.A taxpayer whose spouse recently died is most likely
to use the ____________ filing status.
Question 18.Higher interest rates can be caused by:
Question 19.Most income tax documents should be kept for _____ year(s).
Question 20.A(n) ____________ is an employment position that is obtained mainly to earn money.
Need Other Tutorials For BUS 215 ?You may click on the links below to go to respective tutorial.· BUS 215 Week 1 DQ 1 ( Economic Influences )· BUS 215 Week 1 DQ 2 ( Tax Planning )· BUS 215 Week 1 Quiz· BUS 215 Week 2 Assignment ( Personal Bankruptcy )· BUS 215 Week 2 DQ 1 ( Long-Term Financial Health )· BUS 215 Week 2 DQ 2 ( Credit Cards )· BUS 215 Week 2 Quiz· BUS 215 Week 3 DQ 1 ( Renting vs. Buying )· BUS 215 Week 3 DQ 2 ( Life Insurance )· BUS 215 Week 3 Quiz· BUS 215 Week 4 DQ 1 ( Budgeting and Investment )· BUS 215 Week 4 DQ 2 ( Debt Reduction )· BUS 215 Week 4 Quiz· BUS 215 Week 5 Assignment ( Final Paper )· BUS 215 Week 5 DQ 1 ( Real Estate Investments )· BUS 215 Week 5 DQ 2 ( Estate Planning )
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