Chapter 1 discusses ten principles that form the foundation of personal finance. The principle that considers the value of compound interest is the                      principle. A) all risk is not equal B) pay yourself first C) time value of money D) competitive inflation adjustment E) none of the above

Personal financial planning can help you to A) have enough money for a comfortable B) deal with unplanned health C) minimize your chances of personal bankruptcy . D) minimize your tax payments to Uncle E) all of the above .

Current liabilities are  those that can typically  be paid  off  in full within twelve months.

Probably the most important determinant of your future earnings will be A)   the size of the company where you will work. B)  joining a labor union. C)    your seniority with your company. D)   your highest level of education obtained.

The major  reason to  make a financial plan is to A) account for your spending. B) achieve your financial goals. C) allow for a surplus D) serve as a tax planning guide E) see where you are overspending or underspending

Which of the following financial documents would you to use to create a financial plan? A) budgetB) income statementC) balance sheetD) cash budgetE) all of the above

Liabilities are best described asA) your net worth.B) monetary items of value that you own.C) assets that depreciate over time.D) intangible obligations.E) financial debts and obligations that you owe.

Which one of the following is not one of the five basic steps in personal financial planning? A) Implement your plan B) Evaluate your financial health C) Let an accountant review your plan D) Develop a plan of action E) Define your financial goals

Is cyclobutadiene conjugated? Is it stable?   Would you expect Fe(C4H4)(CO)3 to be more or less stable than cyclobutadiene itself?

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