Post on 03-Jun-2018
transcript
8/12/2019 4. Chapter 16 Jeopardy
1/53
JeopardyTrue/False True/False Terms Short/LongQ$100
Q$200
Q$300
Q$400
Q$500
Q$100
Q$200
Q$300
Q$400
Q$500
FinalJeopardy
A or L
Q$100
Q$200
Q$300
Q$400
Q$500
Q$100
Q$200
Q$300
Q$400
Q$500
Q$100
Q$200
Q$300
Q$400
Q$500
8/12/2019 4. Chapter 16 Jeopardy
2/53
$100 Question from True/False
A balance sheet is a record of assetsand liabilities at a point in time
True or False?
8/12/2019 4. Chapter 16 Jeopardy
3/53
$100 Answer to True/False
What is True.
8/12/2019 4. Chapter 16 Jeopardy
4/53
$200 Question from True/False
The difference between assets and
liabilities is called your cash flow
True or False?
8/12/2019 4. Chapter 16 Jeopardy
5/53
$200 Answer to True/False
What is False.
8/12/2019 4. Chapter 16 Jeopardy
6/53
$300 Question from True/False
Variable expenses are for the sameamount each timeTrue or False?
8/12/2019 4. Chapter 16 Jeopardy
7/53
$300 Answer to True/False
What is False.
8/12/2019 4. Chapter 16 Jeopardy
8/53
$400 Question from True/False
A budget variance is the difference between
budgeted amounts and actual spendingTrue
or False?
8/12/2019 4. Chapter 16 Jeopardy
9/53
$400 Answer to True/False
What is True.
8/12/2019 4. Chapter 16 Jeopardy
10/53
$500 Question from True/False
The most popular retirement incomeplan is the individual retirement
account (IRA)True or False?
8/12/2019 4. Chapter 16 Jeopardy
11/53
$500 Answer to True/False
What is True.
8/12/2019 4. Chapter 16 Jeopardy
12/53
$100 Question from True/False
Cash inflows are the money youspend on food, clothing, and other
living expensesTrue or False?
8/12/2019 4. Chapter 16 Jeopardy
13/53
$100 Answer to True/False
What is False.
8/12/2019 4. Chapter 16 Jeopardy
14/53
$200 Question from True/False
Estate planning includes the
distribution of your property at
deathTrue or False?
8/12/2019 4. Chapter 16 Jeopardy
15/53
$200 Answer to True/False
What is True.
8/12/2019 4. Chapter 16 Jeopardy
16/53
$300 Question from True/False
An annuity is a series of regularpayments made to a retired worker
under a planTrue or False?
8/12/2019 4. Chapter 16 Jeopardy
17/53
$300 Answer to True/False
What is False.
8/12/2019 4. Chapter 16 Jeopardy
18/53
$400 Question from True/False
Financial planning generally reduces an
individuals financial uncertaintiesTrue or
False.
8/12/2019 4. Chapter 16 Jeopardy
19/53
$400 Answer to True/False
What is True.
8/12/2019 4. Chapter 16 Jeopardy
20/53
$500 Question from True/False
Putting together a good budget is avery time-consuming processTrue
or False?
8/12/2019 4. Chapter 16 Jeopardy
21/53
$500 Answer to True/False
What is False.
8/12/2019 4. Chapter 16 Jeopardy
22/53
$100 Question from Terms
The amount of a paycheck after taxes
and other payroll deductions.
8/12/2019 4. Chapter 16 Jeopardy
23/53
$100 Answer to Terms
What is net income or net pay?
8/12/2019 4. Chapter 16 Jeopardy
24/53
$200 Question from Terms
A report of your current financialcondition and a strategy for your
financial future .
8/12/2019 4. Chapter 16 Jeopardy
25/53
$200 Answer to Terms
What is a financial plan?
8/12/2019 4. Chapter 16 Jeopardy
26/53
$300 Question from Terms
Items of value, such as money,
investments, automobiles, and
jewelry.
8/12/2019 4. Chapter 16 Jeopardy
27/53
$300 Answer to Terms
What are personal assets?
8/12/2019 4. Chapter 16 Jeopardy
28/53
$400 Question from Terms
The amount of money you plan to use for a
certain budget category.
8/12/2019 4. Chapter 16 Jeopardy
29/53
$400 Answer to Terms
What is an allowance?
8/12/2019 4. Chapter 16 Jeopardy
30/53
$500 Question from Terms
Costs that occur on a regular basis,such as rent or mortgage payments.
8/12/2019 4. Chapter 16 Jeopardy
31/53
$500 Answer to Terms
What are fixed expenses?
8/12/2019 4. Chapter 16 Jeopardy
32/53
$100 Question from Short or
Long-Term
Buying a new sweater.
8/12/2019 4. Chapter 16 Jeopardy
33/53
8/12/2019 4. Chapter 16 Jeopardy
34/53
$200 Question from Short or
Long-Term
Saving for a class trip to Washington,
D.C.
8/12/2019 4. Chapter 16 Jeopardy
35/53
$200 Answer to Short or
Long-Term
What is long-term?
8/12/2019 4. Chapter 16 Jeopardy
36/53
$300 Question from Short orLong-Term
Buying a new car.
8/12/2019 4. Chapter 16 Jeopardy
37/53
$300 Answer to Short orLong-Term
What is long-term?
8/12/2019 4. Chapter 16 Jeopardy
38/53
$400 Question from Short orLong-Term
Having your coat dry cleaned.
8/12/2019 4. Chapter 16 Jeopardy
39/53
$400 Answer to Short or
Long-Term
What is short-term?
8/12/2019 4. Chapter 16 Jeopardy
40/53
$500 Question from Short or
Long-Term
Going to a concert with friends.
8/12/2019 4. Chapter 16 Jeopardy
41/53
$500 Answer to Short or
Long-Term
What is short-term?
8/12/2019 4. Chapter 16 Jeopardy
42/53
8/12/2019 4. Chapter 16 Jeopardy
43/53
$100 Answer to Asset or
Liability
What is an asset?
8/12/2019 4. Chapter 16 Jeopardy
44/53
$200 Question from Asset or
Liability
Checking account.
8/12/2019 4. Chapter 16 Jeopardy
45/53
$200 Answer to Asset or
Liability
What is an asset?
8/12/2019 4. Chapter 16 Jeopardy
46/53
$300 Question from Asset orLiability
Balance on store charge account.
8/12/2019 4. Chapter 16 Jeopardy
47/53
$300 Answer to Asset orLiability
What is a liability?
8/12/2019 4. Chapter 16 Jeopardy
48/53
$400 Question from Asset orLiability
Car loan.
8/12/2019 4. Chapter 16 Jeopardy
49/53
$400 Answer to Asset or
Liability
What is a liability?
8/12/2019 4. Chapter 16 Jeopardy
50/53
$500 Question from Asset or
Liability
Money borrowed to pay tuition.
8/12/2019 4. Chapter 16 Jeopardy
51/53
$500 Answer to Asset or
Liability
What is a liability?
8/12/2019 4. Chapter 16 Jeopardy
52/53
Final Jeopardy Question
The age when traditional IRA
(individual retirement account)contributions can be withdrawn but are
then taxed.
8/12/2019 4. Chapter 16 Jeopardy
53/53
Final Jeopardy Answer
What is 59 ?