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AGEC 235 EXAM 1 QUESTIONS WITH COMPLETE ANSWERS

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AGEC 235 EXAM 1 QUESTIONS WITH COMPLETE ANSWERS

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List 3 budgeting tools/methods described in class


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50-30-20 Rule
The envelope method
Mint.com

, List 2 types of tangible assets


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House, Car




What is the 1st step in the financial planning process


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Evaluate your financial health




A budget


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is a plan for controlling your future cash flows




Rank the following in terms of solvency


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