FRM 352 - Chapter 9 with all Correct & 100% Verified Answers |Already Graded A+

FRM 352 - Chapter 9 with all Correct & 100% Verified
Answers |Already Graded A+

Question 1
Communication is less important than leadership in the management of family resources.
True
False ✔Correct Answer-False

Question 2
Careers typically peak after age ______.
40
45
50
55 ✔Correct Answer-55

Question 3
Since the depression of the 1930s, the government has gathered information from families in an
effort to provide guidelines to compare expenditures using ______.
a maintenance budget
family financial planning
a cost-of-living scale
education and training ✔Correct Answer-a cost-of-living scale

Question 4
Travel and leisure opportunities are seen as a luxury for lower and middle class groups but as an
expectation for upper income groups.
True
False ✔Correct Answer-False

Question 5
Which of the following is the money earned before taxes and other scheduled deductions are
subtracted?
Net income
Gross family income
Budget surplus
Probable income ✔Correct Answer-Gross family income

Question 6
Societal goals, family goals, and individual goals are specific to each group and rarely overlap.
True
False ✔Correct Answer-False

Question 7
Goals reflect basic values, attitudes, and beliefs.
True
False ✔Correct Answer-True

Question 8