TOPGRADE

UGBA 105 Midterm Final Review Test 2024. Symbols of Authority - correct answer Titles, Clothes, Trappings i.e. Doctor, uniform, nice office/prestigious cars Two Types of Status - correct answer Ascribed and Achieved Ascribed Status: - correct answer we are born with it or involuntarily achieve it -> based on gender, race, ethnicity, citizenship Achieved Status: - correct answer determined by one's performance, effort, choice -> engineer, college graduate. We can also alter so...

UGBA 105 Midterm Questions & Answers 2024. Components of Emotional Intelligence - correct answer 1. Self Awareness 2. Self Regulation 3. Motivation 4. Empathy 5. Social Skill Bounded Awareness - correct answer failure to see what we're not looking for Anchoring - correct answer Overweighting starting points insufficient adjustment Confirmation Bias - correct answer Seeing and seeking what we expect to see Combatting Confirmation Bias (6) - correct answer 1. Ask what info yo...

UGBA 105 FINAL EXAM GUIDE TEST 2024. What is a theory and how do theories and models work? - correct answer A theory is a model, map, or framework that tries to explain how the world works Models simplify reality to what the observer is most interested in so that you can make observations and notice patterns Learning - correct answer relatively permanent change in knowledge of behavior that results from practice or experience Operant conditioning: - correct answer learning that takes...

UGBA 135 - Assignment 1 Review Questions 2024. According to the census bureau what % most closely represents the number of children born out of wedlock - correct answer 40% in terms of annual income to be in the top 1% of households annual earnings should exceed - correct answer $400,000 of all the money the gov't spends approximately what % is spent on senior citizens - correct answer 40% according to the IRS what % of households has a net worth of at least $1mil - correct answer 4.9...

UGBA 135 - Personal Finance. Exam Questions 2024. What is the definition of a millionaire? - correct answer Those who are financially independent, living the life they want to lead, and are able to take care of themselves without financial help from government sources for their entire adult lives. What should you do if you are a victim of credit card theft? - correct answer Credit card theft is when your credit card is missing or stolen. Contact the credit card issuer or bank immediately. Cl...

UGBA 135 Final From Class 7 On Class Assignment 2024.Jenny Olson argues that savers are more desirable romantic partners because they are perceived: - correct answer To have more self-control. Savers tend to be preferred for shorter-term relationships. - correct answer False In general, buying durable items such expensive cars and nice clothes makes people happier than spending equivalent amounts on activities. - correct answer False The authors of the book Happy Money recommend spendin...

UGBA 135 Final Exam Questions Correctly Answered is the greatest factor that determines your credit score? - correct answer paying bills on time over time the "cornerstone" of wealth is? - correct answer being frugal, not cheap but value oriented what is the minimum criteria for a credit score? - correct answer - at least one reported "account" which has been open for at least six months - at least one report that has been reported by a lender in the last six months and nothing that ...

UGBA 135 Midterm 1 Final Exam Prep Q uiz 2024.ALL Bankruptcy are handled in federal court - correct answer TRUE Should you always try to contribute enough to your 401K to get the employer match? - correct answer Yes Are community property laws established by the IRS or states? - correct answer States What is a notary public? - correct answer A public officer constituted by law to witness the execution of certain classes of documents like mortgage documents, wills, trusts, deeds What...

UGBA 135 Midterm Video Exam Questions Correctly Answered 2024. Which of the following are the two most common chapters (types) for personal bankruptcy? - correct answer Chapter 7 and 13 In bankruptcy, what is a discharge? - correct answer A discharge is a release from personal liability on debt Which of the following is NOT one of the three largest credit reporting agencies? - correct answer Bank of America (three: equifax, transunion, experian) Any credit score above 620 is generally...

UGBA 135 Midterm Correctly Answered Questions 2024. FICO Score - correct answer measure of consumer credit risk Highest FICO Score - correct answer 850 Factors determining FICO Score - correct answer Credit report is based on: -35% paying your bills on time over time -30% your debt-to-credit ratio ( borrowing money/ credit limit) -15% length of credit history -10% mix of credit cards and loans (like to see things other than credit card; Rent, any loan (e.g. leasing car)) -10% new acc...

UGBA 135 Midterm Review Practice Test 2024. Emergency fund - correct answer in a savings account 3-6 months living expenses Definition of millionaire - correct answer financially independent Rule of 72 - correct answer The number of years it takes for a certain amount to double in value is equal to 72 divided by its annual rate of interest. Each time you get paycheck, what is % goal you should put away (savings goal) - correct answer 20% What does being frugal mean - correct answer ...

UGBA 135 Midterm Verified Test Questions 2024. 21st Century Millionare - correct answer - Someone who can financially take care of themselves without help from any government agency, living the life they want to lead - After working for 40 years, only 5% of people are financially independent (don't need government assistance) - Cornerstone of their wealth = being frugal (not cheap, but value-oriented) --> budget and spend carefully, live within their means - People who succeed have goals...

UGBA 135 MT FINAL EXAM 2024. Most important factor determining credit score - correct answer Payment history Highest credit score you can get? - correct answer 850 Best time to establish good credit? - correct answer When you don't need it Debt to credit ratio? - correct answer A credit-to-debt ratio is the amount of available credit you have relative to the amount of debt you carry. Expected credit card theft, whats the first thing you do? - correct answer contact the credit car...

UGBA 172 REVIEW PRACTICE EXAM QUESTIONS 2024.Stages in Historiography (historical analysis) of anti-trust - correct answer (Lecture? + Kolko, McCraw readings) Not only was there a backlash against the bigness of "Big Business", but BB continue to grow in scale regardless. 1890 - SHERMAN ANTI-TRUST ACT 1888 NJ law allowed corp mergers 1914 CLAYTON ACT, FEDERAL TRADE COMMISSION ACT Classic Progressive view: Teddy Roosevelt as Trust-Buster, lead popular interests against business i...

UGBA 175 Midterm 2 Written Exam 2024. Types of Statute of Frauds Contracts - correct answer Surety Executor-Administrator Marriage Consideration Land Interest Transfer Goods $500+ Contracts that cannot be fulfilled within a year Suretyship - correct answer Undertaking to pay the debt or be liable for the default of another Executor-Administrator - correct answer Contractual promises of an executor of a decedent's will to answer personally for a duty of the decedent One-year pro...

UGBA 196 - Assignment 3 With Complete Answers 2024.Most of the taxes the federal government collects comes from - correct answer individual taxpayers employers withhold from employees paychecks the following - correct answer -social security -less federal taxes if you declare more exemptions -medicare for tax purposes a dependent may be any of the following - correct answer -your mother who lives in your home -your children -your spouse earned income includes all the following - cor...

UGBA 196 Advanced Practice Questions 2024. What is a default rate of interest? - correct answer -accelerated rate of interest (28-35%) typically charged on your credit blance as a penalty if issuer didn't receive at least the minimum payment by the due date and time and your payment isn't honored by your banks -underpayment or missing a payment, offends bank -overdraft fees How much REIT pay in order to not be taxed on the corporate level? - correct answer -as long as it pays out 90% or ...

UGBA 196 WRITTEN EXAM 2024. credit score - correct answer - paying bills on time over time - debt to credit ratio - length of credit history - new accounts and recent applications for credit - mix of credit cards and loans wash sale - correct answer - cannot declare a loss on a security if you purchase the identical security within 30 days before or after the sale revenue - correct answer sales earnings - correct answer profits interest rates are based on... - correct answer low...

UGBA 196 Midterm Questions & Answers 2024. What does your FICO score represent? - correct answer delinquency and default rate of a large number of people with similar credit history What factors determine your FICO score? (5) - correct answer on time bills, debt to credit ratio, length of credit history, new accounts/applications for credit, mix of credit cards and loans Credit Card Act - correct answer ⁃ no interest rate increase for 1 year unless introductory rate has come to an end o...

UGBA 196- Midterm Correctly Answered Test 2024. FICO Score (Definition) - correct answer Mathematical Number used by lenders to determine if you're a good or bad credit risk Debt-to-Credit Ratio - correct answer Total balance of your credit cards and other loans compared to your total credit limit Add up all your debt/credit ratios What percent do you want your debt-to-credit ratio to be? - correct answer 30%-33% Highest possible FICO Score? - correct answer 850 (delinquency rate ...