Finance 101 exam 1 Study guides, Class notes & Summaries
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FAC1601 EXAM PACK 2023
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FAC1601-Exam-Pack - Exam pack 
Financial Accounting and Reporting (University of South Africa) 
lOMoARcPSD| 
Financial Accounting 1B 
Study & Exam Pack for FAC1601 © 2014 
This is prepared for UNISA undergraduate students undertaking the module FAC1601. The past exam 
papers used as a way of practicing the concept emphasized in the study guide for this module 
Compiled by Levison Kamanga (check his profile on ), for and on behalf of 
“Inspired to impact with a difference” 
All the que...
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Finance 101 Exam 1 2023 with correct answers
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Personal Financial Planning 
 
CH. 1 
Process of organizing and planning your income, expenses, and savings, to accomplish significant long term goals. 
 
 
 
Time Value of money 
 
CH. 1 
concept that a dollar today is better than a dollar tomorrow due to inflation 
you can invest in a dollar today and earn interest on it, but a dollar tomorrow will be worth less thanks to inflation 
 
 
 
Debt-to-income ratio 
 
CH. 1 
-How much consumer debt you are carrying relative to your income 
-importan...
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finance 101 exam 1 questions 2023 with correct answers
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balance sheet equation 
A-L=NW 
 
 
 
4 categories of assets 
liquid assets, investments, real property, personal property 
 
 
 
liquid assets 
cash, checking/savings accts, money mkt deposit accts, money mkt mutual funds, and CD's maturing within 1 year 
 
 
 
investments 
financial assets, business ownership, cash value of life insurance/pensions, IRA's/401k's, commodities, futures & options 
 
 
 
real property 
land and everything fixed to it - appreciates 
 
 
 
personal property 
movea...
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Finance 101 Exam 1 Study Guide questions with correct answers
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Personal Finance Planning 
A holistic, honest assessment of your financial state. Organizing income, expenses, savings. 
 
 
 
3 Primary Goals 
1. Saving for retirement 
2. Saving for college 
3. Financial Independence 
 
 
 
Financial Independence 
Becoming debt-free 
Not relying on anyone to help. 
 
 
 
Net Worth Statement 
A listing of what you own (assets) and owe (liabilities). 
 
ASSETS-LIABILITIES= NET WORTH 
 
 
 
Debt to Income Ratio 
Measurement of consumer debt. 
Monthly debt/income ...
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Colorado Car Sales Exam Questions and Answers With Rationales Latest Updated 2024 (GRADED A+)
- Exam (elaborations) • 37 pages • 2024
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Colorado Car Sales Exam Questions and Answers With Rationales Latest Updated 2024 (GRADED A+) The License of a motor vehicle salesperson or a power sports salesperson may be denied 
revoked, or suspended on any of the following grounds except: 
Advertising a salvage vehicle while identifying the vehicle as a salvage vehicle 
The advertise price of a motor vehicle must include: 
Answer- Finance Charge 
Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, i...
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Colorado Car Sales Exam Questions With Correct Answers and Rationales Latest Updated 2024 (GRADED A+)
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Colorado Car Sales Exam Questions With Correct Answers and Rationales Latest Updated 2024 (GRADED A+) The advertise price of a motor vehicle must include: 
Answer- Finance Charge 
Advertisement of rate of finance charge. If an advertisement states a rate of finance charge, it 
shall state the rate as an "annual percentage rate," using that term. If the annual percentage 
rate may be increased after consummation, the advertisement shall state that fact. If an 
advertisement is for credit not se...
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Florida Real Estate State Exam Prep (2022/2023) Already Passed
- Exam (elaborations) • 25 pages • 2023
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Florida Real Estate State Exam Prep (2022/2023) Already Passed Joint Ventures is a temporary form of business arrangement often encountered in real estate business. 
Trade Names is a business name other than the legal name of the person doing business. The letters T/A are used to indicate "trading as." 
Chapter 120, F.S. Administrative Procedures Act 
Chapter 455, F.S. Regulation of Professional and Occupations 
Chapter 28, Sections 101-110 Division of Administrative Hearings (DOAH Rules), Flo...
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Colorado Car Sales Exam Questions and Answers With Rationales Latest Updated 2024/2025 (GRADED A+)
- Exam (elaborations) • 37 pages • 2024
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Colorado Car Sales Exam Questions and Answers With Rationales Latest Updated 2024/2025 (GRADED A+) The License of a motor vehicle salesperson or a power sports salesperson may be denied 
revoked, or suspended on any of the following grounds except: 
Advertising a salvage vehicle while identifying the vehicle as a salvage vehicle 
The advertise price of a motor vehicle must include: 
Answer- Finance Charge 
Advertisement of rate of finance charge. If an advertisement states a rate of finance char...
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FIRE FIGHTER 1 FINAL EXAM STUDY GUIDE 2023-2024
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FIRE FIGHTER 1 FINAL EXAM STUDY 
GUIDE 
A specific code is enacted as law by____________ 
A. General election 
B. A particular jurisdiction 
C. State legislature 
D. Federal Legislation - CORRECT ANSWER-B. A particular jurisdiction 
Pg. 36 
What is the average number of fire service injuries per year? 
A. 40,000 
B. 60,000 
C. 80,000 
D. 100,000 - CORRECT ANSWER-C. 80,000 
Pg. 15 
According to the NFPA, which of the following is a Firefighter I duty? 
A. Vehicle extrication 
B. Completing inci...
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Florida Real Estate State Exam Prep Questions and Answers
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Florida Real Estate State Exam Prep 
Questions and Answers 
Joint Ventures - Correct Answer ️️ -is a temporary form of business arrangement often 
encountered in real estate business. 
Trade Names - Correct Answer ️️ -is a business name other than the legal name of 
the person doing business. The letters T/A are used to indicate "trading as." 
Chapter 120, F.S. - Correct Answer ️️ -Administrative Procedures Act 
Chapter 455, F.S. - Correct Answer ️️ -Regulation of Professional ...