Ctrl + F is the shortcut in your browser or operating system that allows you to find words or questions quickly.
Ctrl + Tab to move to the next tab to the right and Ctrl + Shift + Tab to move to the next tab to the left.
On a phone or tablet, tap the menu icon in the upper-right corner of the window; Select "Find in Page" to search a question.Share Us
Sharing is Caring
It's the biggest motivation to help us to make the site better by sharing this to your friends or classmates.
Provides valuable information and resources for managing personal finances, including budgeting, investing, and debt management, to achieve financial goals.
Offers minimal interest or a bit more interest with minimum deposit requirements.
When the value of a currency decreases, an economy has ________.
__ is a way to make an investment that could not otherwise be made, to buy an asset that you couldn’t buy without borrowing.
The rate at which time affects value is the rate at which value grows, or the rate at which your value compounds, it is called__.
__ is valuable, and an asset affects its value: all things being equal, the more liquid an asset is, and the better.
The higher the income or the more to be taxed, the greater the tax rate.
Capital expenditures are usually part of a ____________ plan of building an asset base.
It is the rate that usually not difficult to forecast the timing and amounts of future cash flows.
Deductibles an amount payable by the insured before any expenses are assumed by the insurer.
Actual Cash Value Estimate the actual market value of the item at the time of loss, so it accounts for the original cost less any depreciation that has occurred.
The method of accounting universally used in business today is known as…
The process of selling risk to someone who then assumes the risk and its consequences.
S.M.A.R.T stands for…
Shows how successful an economy is at creating opportunities to sell labor and efficiently using its human resources.
__ is income from employment or self- employment; interest is earned by lending; a dividend is the income from owning corporate stock; and a draw is income from a partnership.
The cost of delayed consumption is largely derived from a subjective valuation of whatever is consumed, or its utility or satisfaction
Three ways to deal with budget deficits:
Personal Finance is a process of management and planning that anticipates or keeps abreast with changes.
__ is a matter of organizing personal financial information into summaries that can clearly show different and important aspects of financial life.
__ is the process where you gather and analyze financial data to develop a set of strategies that form an integrated plan to help people achieve their financial goals
__ is loaned and borrowed rather than bought and sold.
Factors that affects personal financial concerns:
A process of management and planning the anticipates or keeps at least with changes.
__ is one of the factors where in you should include some protection against the risk of chronic illness, accidents, pregnancy and birth in your personal financial planning.
An amount payable by the insured before any expenses are assumed by the insurer.
Derives from the Latin verb credere (to believe).
A __ for long-term goals involving nonrecurring items.
Typically earns no or very low interest but allows complete liquidity on demand.
Understanding the calculations is not so important in understanding the relationships between time, risk, opportunity cost, and value.
Coinsurance is shared payments of expenses by insured and insurer.
Speculative Risks Risks that offer a chance of loss or gain, such as developing a “killer app” that may or may not sell or investing in a corporate stock that may or may not provide good returns.
Cash flows from income may be less frequent than cash flows for expenses.
A budget covering all aspects of financial life.
A comprehensive budget is a compilation of an operating budget for short-term goals involving recurring items.
"PV" stands for.....
A comprehensive budget is a compilation of a __ for long-term goals involving nonrecurring items.
Marital status and dependents, such as children, parents or siblings are under the __.
A lower unit price for a higher volume purchased, may be available for customers buying larger quantities, although sometimes the opposite is true, that is, the smaller package offers a smaller unit price.
Financial management is about managing the financing for consumption and investment.
Covers the costs to other people’s property from damage that you cause.
Refers to the financial losses of people in the other car that are injured in an accident you cause, including their medical expenses, loss of income, and your legal fees.
Capital Gain is the investment that has not only stored wealth but also increased it.
Covers the costs of damage to your own property.
__ are resources that can be used to create income, decrease expenses, or store wealth as an investment.
Labor is traded through hiring or employment.
Estate taxes are taxes on the transfer of wealth from the deceased to the living. Estate taxes are usually imposed on the very wealthiest based on their unusual ability to pay.
__ and Sunk Cost are hidden expenses that affect financial decision making.
It is insurable due to its probabilities that can be calculated precisely enough for the risk to be quantified, means it can be priced, bought, and sold.
An debit card offered by a bank allows for convenient access to the cash in your accounts through instant cash withdrawals.
__ is long-term credit, or the ability to delay payment over several periods.
Items with economic value that can be converted to cash are ______.
A transaction cost is the cost of simply making the trade.
Tax Brackets means the higher the income or the more to be taxed, the greater the tax rate.
Financing assets through equity means not sharing ownership and whatever gains or losses that brings.
It is what you earned or received in a given period.
Resources that can be used to create income, decrease expenses, or store wealth as an investment.
If the asset is worth more when it is resold than it was when it was bought, then you have earned a _________.
Unemployment Rate is a measure of an economy’s shortcomings because it shows the proportion of people who want to work but don’t because the economy cannot provide them jobs.
The process of gathering and analyzing financial data to develop a set of strategies that form an integrated plan to help people achieve their financial goals.
The sense of regret after having made a purchase. It is frequently associated with the purchase of an expensive item such as a vehicle or real estate is called buyer's remorse.
What the fundamental ways of earning income in a market- based economy?
It may be used to directly transfer funds at the time of purchase, money is also withdrawn from an account and transferred to the payee's with one quick swipe at checkout.
Income from employment or self- employment is __.
When there are regular payments at regular intervals and each payment is the same amount, that series of cash flows is an __.
Figuring out where you are or assessing the current situation involves understanding what your present situation is and the choices that it creates.
__ is usually earned and received in a given period.
__ provide a look at the potential results of financial decisions. They can also be used as a tool to plan for certain results
__ sources of income in both the labor market and the capital markets is the best hedge against risks in any one market.
It is the cost of simply making the trade.
Covers your injuries if the accident is caused by someone with insufficient insurance or by an unidentified driver.
Costs for items or resources that are used up or consumed in the course of daily living are called __.
Covers your losses from anything other than a collision, such as theft, weather damage, acts of nature, or hitting an animal.
Patterns that are developed by the price action experience by all securities.
Financial plans are expected to happen in the future, so financial decisions are based on values some distance away in time.
Exist in markets where they can add value to your purchasing process, either by providing information in the prepurchase stage or by providing convenience during the purchase.
Selling capital means trading in the capital markets, which is a sellers’ market. You can do this only if you have a budget deficit, or too little cash to provide for your wants or needs.
Whatever the type of asset you choose, investing in assets or selling capital can be more profitable than selling labor.
__ is where labor is traded through hiring or employment.
It is more efficient and fair in the consumption that reflects in the income.
It is what people use as their primary means of managing cash flows for daily living.
Affect your financial planning, especially through educational requirements, income potential, and characteristics of the occupation or profession you choose.
Certificates of deposit (CDs) offer a higher price for liquidity but extract a time commitment enforced by a penalty for early withdrawal.
A flexible savings account is used to supplement your basic coverage. It is offered by employers and funded by employees: you may have a tax-exempt deduction made from your paycheck to your flexible spending account.
When income for a period is greater than expenses, there is a __.
The asset can create income, reduce expenses, and store wealth.
A budget covering all aspects of financial life- will include a projection of recurring incomes and expenses and of nonrecurring expenditures.
Part of the planning process is evaluating the possible future results of a decision. Since those results will occur sometime from now, it is critical to understand how time passing may affect those benefits and costs not only the probability of their occurrence, but also their value when they do.
Employment Rate is a measure of an economy’s shortcomings, because it shows the proportion of people who want to work but the economy can’t provide jobs.
Borrowing is renting someone else’s money for a period of time, and the result is…
A comprehensive budget is a compilation of an __ for short-term goals involving recurring items.
The cost of simply making the trade.
Sunk Cost is the return of a foregone option less than the return on your chosen option.
Income remaining after the deduction of living expenses and debt obligations, or __, is cash available for capital expenditures or investment.
A financial statement is any item with economic value that can be converted to cash.
It means working either for someone else for you. Income comes in the form of a paycheck. Total compensation may include other benefits, such as retirement contributions, health insurance, or life insurance.
Unlike price tag, opportunity cost is obvious.
__ is where cash and assets are traded, most commonly in the form of stocks and bonds.
Which of the following is the third step in budget process?
When the economy tends to be cyclical, usually expanding but sometimes contacting it is called Business Cycle
Refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by the other policies.
It is an absolute law of gravity in business.
Income statement summarizes incomes and expenses for a period of time.
The value-added tax (VAT) or goods and services tax (GST) is widely used outside the United States. It is a consumption tax, but differs from the sales tax, which is paid only by the consumer as an end user.
It also offers ratings and reviews and also provides data on frequency of repairs and annual maintenance costs.
__ is valuable, and it is an asset affects its value
Middleman is also called as....
It is where you assess the current situation, or where you figure out where you are at present.
It is a snapshot of what you have and what you owe at a given point in time.
Estate taxes are taxes on specific consumption items such as alcohol, cigarettes, motor vehicles, fuel, or highway use.
The percentage of income that is paid in tax increases as income rises. Those income categories are called __.
If the rate of GDP increases the expansion is _______.
That depends on the cost of its not being liquid today, or on the opportunity costs and risks created by not having liquidity today.
Having not enough cash to provide your wants and needs is called __.
The higher the income or the more to be taxed, the greater the tax rate. It is called __.
Selling an asset can result in a capital gain or capital loss.
Help with financial planning, such as accountants, investment advisors, tax advisors, estate planners, or insurance agents.
It generally occurs after the business cycle peaks, but before it becomes a trough.
Seller must have good title free of “Clouds on title.”
Transactions are recognized only when cash is exchanged.
Unlike a price tag, opportunity cost is obvious.
Capital Loss is costs that have been spent; that is, whatever resources you traded are gone, and there is no way to recover them.
It insures that the rights of ownership conferred upon you when you purchased your property will remain intact.
When incomes are larger than expenses, there is a budget surplus.
. There are __ factors that affect Personal Financial concerns.
It t is about managing the financing for consumption and investment.
__ is a process of management and planning that anticipates or keeps abreast with changes.
Consumer Reports also offers ratings and reviews and also provides data on frequency of repairs and annual maintenance costs.
A budget covering all aspects of financial life will include a projection of recurring incomes and expenses and of nonrecurring expenditures.
__ is where your income for a period is greater than the expenses.
The method of accounting universally used in business today.
__ is a part of capital market.
A part of the capital market, capital is loaned and borrowed rather than bought and sold.
Which of the following is now a factor that affects a Personal Financial Concern?
Is a long-term rental agreement with a buyout option at maturity.
A special kind of annuity that goes on forever.
It will allow you to stay on track , and to make a deliberate decisions that will allow you to get closer to your goals.
According to a popular model, to be truly useful, goals must be __.
__ are costs for items or resources that are used up or consumed in the course of daily living.
Some assets not only store wealth but also create income.
To keep up this site, we need your assistance. A little gift will help us alot.Donate
- The more you give the more you receive.Related Subject
Medical Office Administration
Small Business Management
Special Topics in Financial Management
Risk Management Applied to Safety Security and Sanitation
Human Resource Management
Pricing Strategy and Tactics
Principles of Marketing
Monetary Policy and Central Banking
New Market Development
Management Information Systems
Macroeconomics Theory and Practice
Labor Law and Legislation
Labor Relations and Negotiations
Introduction to Basic Accounting
Introduction to Information Systems
Investment and Portfolio Management
Intermediate Accounting 3
International Business and Trade
International Issues for Human Resources Management
Internet Marketing and Entrepreneurship
Internet Technology in Real Estate
Fundamentals of Business Analytics
Fundamentals of Accounting Theory and Practice
Entrepreneurship in Tourism and Hospitality
Financial Analysis and Reporting
Financial Accounting and Reporting
Cost Accounting and Control System
Business Laws and Regulation
Business Ethics with Good Governance and Social Res
Accounting Information System
Auditing and Assurance Concepts and Applications
Shopee 3D Floor
Lazada Smart TV Box