PERSONAL FINANCE
D363 (WGU)
QUESTIONS &
ANSWERS SCORED A+
D363
Evatee 8/10/24 WGU D363
, PERSONAL FINANCE D363 (WGU) QUESTIONS
& ANSWERS SCORED A+
How to create wealth Answer - · spend less than you make then save or invest
the difference
Income targets Answer - Make financial strategies, find values and set goals
Net worth Answer - · The difference between the value of your assets and
liabilities
Cash flow statement Answer - Basic statement of transactions
Credit report Answer - free, a report on the history of your ability to pay your
debts available to all credit providers
Credit Cards Answer - when used correctly can help grow credit score when
used unproperly they can send you into debt
Financial records Answer - put into a safe deposit box or into home files they
are records of transactions that you have made
Bank reconciliations Answer - verify bank account debits and credits are
accurate
Credit management Answer - calculate the amount of debt for an individual
and create a plan to payoff debt
D363 (WGU)
QUESTIONS &
ANSWERS SCORED A+
D363
Evatee 8/10/24 WGU D363
, PERSONAL FINANCE D363 (WGU) QUESTIONS
& ANSWERS SCORED A+
How to create wealth Answer - · spend less than you make then save or invest
the difference
Income targets Answer - Make financial strategies, find values and set goals
Net worth Answer - · The difference between the value of your assets and
liabilities
Cash flow statement Answer - Basic statement of transactions
Credit report Answer - free, a report on the history of your ability to pay your
debts available to all credit providers
Credit Cards Answer - when used correctly can help grow credit score when
used unproperly they can send you into debt
Financial records Answer - put into a safe deposit box or into home files they
are records of transactions that you have made
Bank reconciliations Answer - verify bank account debits and credits are
accurate
Credit management Answer - calculate the amount of debt for an individual
and create a plan to payoff debt
