ANSWERS 100% CORRECT!!
1 of 210
Term
What is the purpose of Generous Giving?
1) A ministry that serves people by taking donations and giving
the money to homeless shelters
2)A for profit entity seeking to maximize generosity amongst the
top 1% of wealth in the US
3)A ministry that serves people that are passionate about
generosity by providing a sharing platform
4) Giving Generous is a pledge individuals can make and receive
a certificate indicating one is committed to maximize giving.
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4 1
2 3
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2 of 210
Term
According to Lloyd Reeb, when does leading a family usually
terminate in the minds of parents?
1) When the kids turn 18
2)When the kids go off to college
3) When you stop financially supporting the kids
4) When they get married.
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4 1
3 2
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3 of 210
,Term
Which of the following best describes "Wealth Transfer?"
1) An event that occurs at death
2)Usually takes place because of a will
3) Begins immediately and is a process
4) Seeks to maximize control of assets after death
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1 2
4 3
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4 of 210
Term
In Relational Wisdom, which two dynamics are explored?
i.Awareness
ii. Alignment
iii. Engagement
iv. Effort
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i, ii, and iii i and iii
, i, ii, and iv i, iii, and iv
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5 of 210
Term
In order to determine one's effective tax rate, you should:
1) Determine their marginal tax bracket (as they are the same)
2)Divide total tax paid by total income
3) Multiply one's taxable income by their marginal tax bracket
4) Multiple income times marginal tax bracket and the subtract
total tax paid
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3 1
2 4
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6 of 210
Term
Which of the following are considerations of the concept, "God
Owns It All?"