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Completed on Saturday, 8 January 2022, 12:41 PM
Time taken 1 hour 9 mins
Marks 60.00/60.00
Grade 100.00 out of 100.00
Question 1
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Question text
The relationship between your financial statements and your budget is that together they allow
you to __________.
Select one:
a.
project the effects of your financial choices.
b.
protect your liquidity and asset base.
c.
reduce your opportunity costs.
d.
account for differences in rate spreads.
e.
avoid budget variances and budget deficits.
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The correct answer is: project the effects of your financial choices.
,Question 2
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A group created to buy and manage commercial property is called a __________.
Select one:
a.
syndicate.
b.
limited partnership.
c.
real estate investment trust
d.
direct investment fund.
e.
mortgage-backed fund.
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The correct answer is: syndicate.
Question 3
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,Question text
A summary of income and expenses over a period of time is called __________.
Select one:
a.
a balance sheet.
b.
an income statement.
c.
net worth.
d.
a cash flow statement.
e.
a budget.
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The correct answer is: an income statement.
Question 4
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The Joneses believe it is important to try to reduce poverty and hunger globally by aiding local
communities. They invest internationally in local businesses and nonprofit organizations that are
effectively addressing the problem. Their strategy is an example of __________.
Select one:
a.
divestment.
, b.
social investment.
c.
unique circumstances.
d.
risk tolerance.
e.
legal constraints.
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The correct answer is: social investment.
Question 5
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Recession and inflation have decreased the value of your investments. This is an example of
__________.
Select one:
a.
economic risk.
b.
industry risk.
c.
company risk.