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Personal Financial Planning

Business

Quiz 4 :

Fundamentals of Personal Financial Planning

Quiz 4 :

Fundamentals of Personal Financial Planning

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Which of the following is also known as the back-end ratio?
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Multiple Choice
Answer:

Answer:

B

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Homes tend to be a / an _____ asset.
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Multiple Choice
Answer:

Answer:

A

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A home equity lines of credit is a line of credit (HELOC) extended to a _____ in exchange for collateral. The limit on the deductibility of a HELOC for the construction or improvement to the home is _____.
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Multiple Choice
Answer:

Answer:

D

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Which of the following is not an assumption addressed in the PFP process?
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Which of the following are examples of variable expenses? I. Automobile maintenance. II. Automobile loan payments. III. Home maintenance. IV. Utilities.
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Which of the following types of Bankruptcy results in a complete discharge of debts?
Multiple Choice
Answer:
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Which of the following is not an example of gross income?
Multiple Choice
Answer:
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The PSFP is an essential component of personal financial planning because it helps monitor a client's progress
Multiple Choice
Answer: