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Ch. 12 - Personal Financial Planning

Quiz by Timothy Jenson

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30 questions
Show answers
  • Q1
    The title to your car is an example of a personal financial document.
    True
    False
    60s
  • Q2
    Real estate is an example of a liquid asset.
    True
    False
    60s
  • Q3
    A telephone bill is a long-term liability.
    True
    False
    60s
  • Q4
    Insolvency happens when the total of your liabilities is greater than your assets.
    True
    False
    60s
  • Q5
    Take-home pay is equal to your salary.
    True
    False
    60s

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