Shared Flashcard Set

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PF TM Final Review
na
16
Finance
10th Grade
01/08/2014

Additional Finance Flashcards

 


 

Cards

Term
borrowing
Definition
Susan is going to obtain a loan to buy a stereo system. This is an example of which economic activity
Term
forming the habit of saving regularly.
Definition
The Hayes family puts aside $50 every month for unexpected emergencies. When Mr. Hayes lost his job, the family was glad to have this money to pay bills until he could find a new job. This illustrates:
Term
earning
Definition
Nancy works in a restaurant where she receives tips. Receiving tips is an example of which economic activity?
Term
Mary put money in a bank account.
Definition
Which is an example of saving
Term
Minimum wage job
Definition
Which is an example of a typical income for a teen in a parenting family
Term
A couple have decided not to have children.
Definition
Which is a variation of the typical family life cycle?
Term
higher estimated lifetime earnings
Definition
Individuals who have gained more educational training are MORE LIKELY to have: (NCCTE
Term
asset.
Definition
Jason has $500 in a savings account. He should list this on his balance sheet as a(n): (NCCTE
Term
liability
Definition
Karen owes her grandmother $85. She should list this on her balance sheet as a(n): (NCCTE.
Term
Rule of 72
Definition
The Haleys calculated that it would take 30 years to double the money they invested in a retirement account. Which rule for saving and investing does this BEST illustrate?
Term
Read the entire form carefully
Definition
Mattie is ready to begin filling out a job application form. What should Mattie do first
Term
Conservative shoes and jewelry
Definition
Erin has an interview for a position at an investment firm. What should Erin wear?
Term
Write a thank you letter
Definition
Don has just finished an interview with the personnel department at a local office. What should he do
Term
Use a secure website
Definition
Which is a way to protect personal identity while making an online purchase?
Term
Use technology to capture credit card number from magnetic strip
Definition
Which is an example of ways thieves steal credit card numbers?
Term
Introduce herself to the receptionist
Definition
Jane arrived fifteen minutes early for her interview at the hospital and entered the waiting room. What should Jane do?
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