FP 120 Week 3 Quiz in class | eBooks | Education

FP 120 Week 3 Quiz in class

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FP 120 Week 3 Quiz in class

https://uoptutorialstore.com/category/fp-120/

 

FP 120 Week 3 Quiz in class

 

Instructions

Complete the Week 3 Quiz.

Submit your responses in a Microsoft® Word® document to the Assignment Files tab

 

Week 3

 

3.1 Concept: Advantages and disadvantages of consumer credit

 

 

 

 

    1. Which of the following is NOT correct?

 

 

 

 

 

 

 

    1. Using credit is appropriate to pay for medical emergencies.

 

 

    1. Using credit can increase the amount of money that will be available to spend in the future.

 

 

    1. Using credit sometimes occurs automatically, such as for water or electricity usage.

 

 

    1. Using credit allows consumers to enjoy goods and services now and pay later.

 

 

 

 

 

 

 

    1. Many think that perhaps the greatest disadvantage of using credit is

 

 

    1. The temptation to overspend

 

 

    1. The convenience offered instead of using cash

 

 

    1. The float from using credit

 

 

    1. The increase in total purchasing power

 

 

 

 

FP 120 Week 3 Quiz in class https://uoptutorialstore.com/category/fp-120/ FP 120 Week 3 Quiz in class Instructions Complete the Week 3 Quiz. Submit your responses in a Microsoft® Word® document to the Assignment Files tab Week
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