It is a technique used to reduce taxes in which a taxpayer shifts a portion of income to relatives in lower tax brackets. What is it?
Answer : A
A good way to keep your spending in line is to make all household transactions (even fun money or weekly cash allowances) using a tightly controlled:
Answer : A
An account offered by credit unions that is similar to interest paying checking accounts offered by the other financial institutions is:
Answer : B
It is a type of insurance account that protects funds on deposit against failure of the institution; can be insured by FDIC and the NCUA.
Answer : A
_____________ are a popular offering at bank and other depository institutions and competes for deposits with money market and mutual funds.
Answer : A
________________ pools the funds f many small investors to purchase high return, short term marketable securities offered by the U. S treasury.
Answer : B
It is a formal, legal commitment to extend credit up to some maximum amount over a stated period of time.
Answer : B
The type(s) of collateral generally used for a secured short-term loan is(are):
Answer : A
The investment proposal with the greatest relative risk would have:
Answer : B
A safe-deposit box is a rented drawer in a bank"™s vault. Boxes can be rented for:
Answer : C
Probability-tree analysis is best used when cash flows are expected to be:
Answer : C
You are considering two mutually exclusive investment proposals, project A and project B B's expected value of net present value is $1,000 less than that for A and A has less dispersion. On the basis of risk and return, you would say that
Answer : A
If two projects are completely independent (or unrelated), the measure of correlation between them is:
Answer : A
Managerial options can be viewed as:
Answer : D