- Guías de estudio, Notas de estudios & Resúmenes

Which cycle describes members who are just surviving and living paycheck to paycheck? - Answer Earn/Spend/Earn/Spend Financial counselors who don't use what they know about hemispheric thinking may fall into the trap of: - Answer Presenting information to a member in a manner that might not be the best way to communicate Using a hard approach, rather than a soft approach, with members: - Answer Communicates in an orderly, specific, and straight-forward way The Johari Window ...

3.0

(1)

7 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

Asset - Answer anything of value owned by a person or company Barter - Answer trade or get things one needs or wants. people use money to make exchange easier because it is assigned specific value Deductible - Answer the amount paid out of pocket by the policy holder for the initial portion of a loss before the insurance coverage begins Fixed Expense - Answer cost or liabilities paid that stays the same from month to month Gross vs Net Pay - Answer net pay is the amoun...

-

6 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

Financial counseling is never - Answer An answer to every problem Providing financial education can have which of the following employee benefits? - Answer Reduce absenteeism Which is an essential Counselor Quality? - Answer Remaining nonjudgemental Which vital skill allows you to observe every aspect of a members attempt at communication? - Answer Observing nonverbal clues Which is an element that supports the motivation needed to make a significant life change? - Answer...

-

8 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

double entry accounting" means: - Answer record where the money came from and where it went expenses always make owner's equity - Answer decrease expenses don't always involve - Answer cash expenses make net income - Answer decrease borrowing money is not an - Answer expense ____ is a non-operating expense shown on the income statement - Answer interest expense _____ represents interest payable on any borrowings - bonds, loans, convertible debt or lin...

-

9 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

What is a benefit of having a deductible of $0 for a homeowner's insurance policy? - Answer When you file a claim you are not responsible for any damages. The failure to take ordinary or reasonable care to prevent accidents from happening - Answer Negligence The purchaser of an insurance policy - Answer Policyholder Buying an insurance policy is an example of risk - Answer Shifting Wearing a seat-belt would be an example of risk - Answer Reduction A request for p...

-

8 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

NPV Independent Projects Decision Rule: - Answer All projects with a positive NPV are acceptable. NPV Mutually Exclusive Projects Decision Rule: - Answer Accept the project with the highest NPV. Capital Budgeting Project Types: - Answer 1) Equipment replacement 2) Expansion of existing product lines 3) New products 4) Regulatory projects (safety/environmental) Define: mutually exclusive project - Answer If one project is accepted, others must be rejected. Define: indep...

-

5 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

operating costs - Answer A tax is defined as a contribution that supports the _____ of a government. progressive - Answer A _____ tax requires a taxpayer to pay more tax as their income increases. (Federal and state income taxes are examples) regressive - Answer A _____ tax charges the same percentage of the cost of a good or service, no matter what the taxpayer earns. (Sales tax, gas taxes, and liquor taxes are examples) fees or surcharges - Answer Sometimes taxes are calle...

-

24 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

Which of the following activities would be appropriate if you were establishing and defining the client-planner relationship or gathering information necessary to fulfill the engagement? Collecting personal financial information Inquiring about the number of dependents Inquiring about the age or dates of birth of dependents Determining which stocks to purchase for the client's investment portfolio A) I, II, and III B) I, II, III, and IV C) I and II D) II and III - Answer The co...

-

324 páginas

Escrito en 2026/2027

Grado A+

TestSolver9

Right Side of the Brain - Answer This side of the brain processes creativity, patterns, spatial awareness, context Financial Planning - Answer Helps members make the most of their incomes to accomplish long term goals, including saving and investing for retirement Debt Counseling - Answer Helps members learn possible ways to structure their debt. Credit Counseling - Answer Helps members manage spending in a way that rebuilds their credit and makes it possible to achieve fina...

-

15 páginas

Escrito en 2026/2027

Grado A+

TestSolver9