FP 100T Week 1 WileyPLUS Weekly Exam

***************************************************************

Click Here To Download Your Files :  

 https://uopcourse.com/category/fp-100/

  ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

You can buy more tutorials from the below link

https://uopcourse.com/

***************************************************************

FP 100T Week 1 WileyPLUS Weekly Exam

In this graded assignment, you are assessed on the content covered in this weeks' readings, activities, and assignments. To help you prepare, it is recommended that you first complete this week's Learning Path and Self-Test Learning Activities prior to completing this exam.

Complete the Week 1 Exam covering this week's assigned readings:

•  "Ch. 1: The Financial Planning Process"
•  "Ch. 2: Financial Planning Tools: Personal Financial Statements and the Time Value of Money"

Note: Work submitted in WileyPLUS does not count toward attendance. Be sure to post at least two times each week in the online classroom to avoid being auto-dropped from the course.

Question 1

Your answer is correct.

Which of the following in NOT one of the recommended SMART guidelines for personal financial goals?

Specific

Realistic

Attainable

Manageable

Attainable

Manageable

Question 2

 Your answer is correct.

Which of the following describes a financial advisor who is paid based on a percentage of products sold or purchased by clients?

Fee-based

Commission-only

Fee plus commission

Fee-only

Question 3

 Your answer is correct.

A comprehensive financial plan includes three steps: establishing a firm foundation, securing basic needs, and

building and protecting wealth.

setting long-term goals.

monitoring progress.

setting short-term goals.

Question 4

Your answer is correct.

Which of the following would NOT be a major factor when choosing a personal financial planner?

education

affiliation

reputation

certification

Question 5

Your answer is correct.

The federal funds rate is the rate that

credit card issuers use as the teaser rate.

banks charge customers for short-term loans.