Brainarium

Which investment would a person choose today if she believes that interest rates will rise A. a 5 year Certificate of Deposit B. a 6 month Certification of Deposit C. a variable rate loan D: common stocks - CORRECT ANSWER-B. a 6 month Certification of Deposit When a corporation or government agency borrows money from an investor and pays interest and prince to that investor, it is rising money by selling a A. stock B. savings account C. Bond D. Certificate of deposit - CORRECT ANSWER-...

It is usually a good idea to borrow for - Something that increases in value over time A person generally pays a lower interest rate on a car loan than on a personal loan because the - Car is collateral for the loan Who is most likely to use the service of a non-Bank consumer finance company - Individuals who cannot get a loan from a bank or credit union Which financial advisor is recommending a long-term investment that lowers investment risk - Advisor C invest in mutual funds Why do inve...

if you have caused an accident, which type of automobile insurance would cover damage to your own car? - CORRECT ANSWER-Collision Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to take a foreign vacation. Eric has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge? - CORRECT ANSWER-Eric will pay less because the car is collateral for the loan. If you went t...

Purchasing power decreases and it costs more money to buy goods when there is A. a bear market. B. inflation. C. deflation. D. a bull market. - CORRECT ANSWER-B What strategy can help a person achieve her goal to buy a house? A. Using credit cards to pay for expenses. B. Paying for large purchases in cash. C. Following a budget that allows for savings. D. Applying for more credit cards to increase her credit score. - CORRECT ANSWER-C A college student has to live on a tight budget. Bef...

A credit card is issued to John and Maria Davis. This month, John charges $100 and Maria makes no charges. When the bill is received who is legally responsible for paying the $100 - CORRECT ANSWER - Both John and Maria A factor that can cause the price of a stock to DECREASE is the company - CORRECT ANSWER - lowering its expectations of future earnings A good financial goal should - CORRECT ANSWER - be achievable in five years A landlord never received the rent check sent by the renter two...

Department store charge cards. - CORRECT ANSWER-Which of the following is considered to be open-end credit? Notify the credit card companies - CORRECT ANSWER-A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take 10 years - CORRECT ANSWER-When a person declares bankruptcy that fact will appear on the person?s credit report A personal loan without assets to cover the loan amount - CORRECT ANSWE...

budget variance - CORRECT ANSWER - the difference between the budgeted amount and the actual amount that you spend debt ratio - CORRECT ANSWER - shows the relationship between debt and net worth debt ratio - CORRECT ANSWER - The lower the ratio the better off financially the person is debt ratio - CORRECT ANSWER - calculated by dividing liabilities by net worth excise tax - CORRECT ANSWER - government imposes a tax on specific goods and services such as alcohol, cigarettes, gasoline, and ...

When a person brings an item to a pawnshop to obtain cash, the transaction is considered - CORRECT ANSWER - a collateralized loan. To qualify for a Federal Housing Administration (FHA) loan, a person must generally - CORRECT ANSWER - fulfill income guidelines. A person has three credit cards with very large outstanding balances and is unable to make payments on any of them. Which action should the person take? - CORRECT ANSWER - Notify the credit card companies in order to negotiate a new ...

Simple Random Sampling - CORRECT ANSWER-Label all the people in the population with a number. Have a computer select a set of random numbers in that range. People labeled with the number are selected for the sample. Therefore, every person or subgroup of people has an equal chance of being in the sample. Stratified Sampling - CORRECT ANSWER-First breaking the population into natural segments (called strata) and then using random sampling within the strata. Ex. Radio stations or types of col...

Simple random sampling - CORRECT ANSWER-Label all the people in the population with a number. Have a computer select a random set of numbers in that range. People labeled with a number are selected for a sample. Therefore, every person or sub-group of people has an equal chance of being in the sample. Stratified sampling - CORRECT ANSWER-Breaking population into segments then using random sampling within. Colleges - community colleges, public universities, private, etc. Multi- stage sampl...

Voluntary response sampling - CORRECT ANSWER-People volunteer to give data for a study. Ex: people text a phone number if they agree with a statement and text a different one if they disagree Convenience sampling - CORRECT ANSWER-People are selected to be in a sample because of convenience or low expense. Ex: mall intercepts, or asking the people on the floor of your dorm to fill out a survey Bias - CORRECT ANSWER-Systematically favoring a certain outcome from research Simple random sampl...

convenience sampling - CORRECT ANSWER-people are selected to be in a sample because of convenience or low expense. bias - CORRECT ANSWER-systematically favoring a certain outcome from research simple random sampling - CORRECT ANSWER-label all the people in the population with a number. have a computer select a set of random numbers in that range. people labeled with the number are selected for the sample. Everyone has the same chance to get chosen. stratified sampling - CORRECT ANSWER-fir...

A telephone survey research company is not able to get a woman to answer questions about local traffic conditions because she is busy baking cookies – nonresponse bias A student polls his friends to get data regarding grades at his university and represents his findings as being representative of all students at that university – convenient sample A certain IDS 270 instructor does not answer questions about his drinking habits while an undergraduate at the University of Michigan with co...

Your company is a LQG and periodically ships out hazardous waste. How long are you required to retain copies of your hazardous waste manifests? A. One year B. Two years C. Three years D. Five years - CORRECT ANSWER-C. Three years A large quantity generator of hazardous waste did not receive a return copy of their hazardous waste manifest within 35 days of the initial shipment. What action is the generator required to take? A. Contact the US EPA to report a missing shipment B. Contact t...

Threshold limit value short-term exposure limit (TLV-STEL) - CORRECT ANSWERmaximum concentration averaged over 15 minute period, to which healthy adults can be safely exposed for up to 15 minutes continuously (4 x a day with at least 60 minutes between each exposure) Threshold limit value ceiling (TLV-C) - CORRECT ANSWER-maximum concentration averaged to which healthy adults can be exposed without risk of injury. Should not be exceeded during any part of the working exposure Can a TLV beco...

Under FIFRA, which of the following is incorrect? a. restricted pesticides are readily available for purchase by any consumer b. restricted pesticides are restricted for commerical use c. restricted pesticides can only be applied by a certified applicator d. restricted pesticides must be accompanied by an MSDS. - CORRECT ANSWER-a. restricted pesticides are readily available for purchase by any consumer The objective of TSCA is: a. prevention of problems from use of chemicals b. preventio...

2 • CORRECT ANSWER - Pollution Prevention, the highest priority is source reduction, the most effective P2 activity is product modification to avoid solvent use PDCA • CORRECT ANSWER - Plan, Do, Check, Act (P2) HAP • CORRECT ANSWER - Hazardous Air Pollutant MACT • CORRECT ANSWER - Maximum Achievable Control Technology TSDF • CORRECT ANSWER - Transport, Storage, Disposal Facility, is required to have a waste tracking program, a training plan, arrangements with emergency res...

DCJS PACKAGE DEAL WITH A GUARANTEED PASS

Federal Courts - CORRECT ANSWER-U.S. District court, U.S. court of appeals, U.S. supreme court State Courts - CORRECT ANSWER-District courts (local, JDR), Circuit court (felonies, lower appeals), Virginia court of appeals (CC appeals, workers comp) Virginia Supreme court (Appeals) VA falls under - CORRECT ANSWER-4th Circuit Court 3 Branches of Government - CORRECT ANSWER-Legislative - Makes laws (Governor) Executive - Enforce the laws (Police) Judicial - Interpreting the laws (Courts) (...

DCJS Registration All officers – CORRECT ANSWER: Valid for 2 yrs All armed officers firearm endorsements – CORRECT ANSWER: Valid 1 yr Requirements for Unarmed/Armed – CORRECT ANSWER: 18 y/o, US resident, no criminal convictions (Felony/Misdemeanor), fingerprints Unarmed Security officer – CORRECT ANSWER: Observation and Reporting Armed Security officers – CORRECT ANSWER: Safeguard and protect persons and property Inform DCJS in writing of incidents w/ plead guilty – CORRECT AN...