FIN474 Exam1 Spring 2013 Key
1. (p. 188) D
2. (p. 222) A
3. (p. 198) A
4. (p. 220) E
5. (p. 116) C
6. (p. 158) E
7. (p. 190) B
8. (p. 190) A
9. (p. 78) C
10. (p. 144) B
11. (p. 47) C
12. (p. 6) B
13. (p. 17) A
14. (p. 79) B
15. (p. 13) D
16. (p. 147) C
17. (p. 170) A
18. (p. 110) E
19. (p. 119) A
20. (p. 50-51) B
21. (p. 78) B
22. (p. 78) B
23. (p. 149) B
24. (p. 145) E
25. (p. 190) C
26. (p. 110) B
27. (p. 47) B
28. (p. 190) B
29. (p. 10-11) A
Version A
30. (p. 4) B
31. (p. 193) E
32. (p. 158) A
33. (p. 78) B
34. (p. 123) D
35. (p. 203) C
36. (p. 140) A
37. (p. 226) E
38. (p. 6) A
39. (p. 228) E
40. (p. 83) D
41. (p. 7) E
42. (p. 52) B
43. (p. 222) B
44. (p. 131) E
45. (p. 52) D
46. (p. 6) C
47. (p. 118) D
48. (p. 49) D
49. (p. 151) E
50. (p. 154) A
51. (p. 193) D
52. (p. 188-190) B
53. (p. 196) B
54. (p. 79) D
55. (p. 84) B
56. (p. 110) E
57. (p. 47) A
58. (p. 150) B
59. (p. 225) D
60. (p. 51) B
FIN474 Exam1 Spring 2113 Summary
Category
# of Questions
Blooms: Analyze
4
Blooms: Apply
13
Blooms: Remember
17
Blooms: Understand
26
Difficulty: 1 Easy
12
Difficulty: 2 Medium
35
Difficulty: 3 Hard
13
Kapoor - Chapter 01
8
Kapoor - Chapter 02
8
Kapoor - Chapter 03
8
Kapoor - Chapter 04
8
Kapoor - Chapter 05
11
Kapoor - Chapter 06
11
Kapoor - Chapter 07
6
Learning Objective: 01-01 Identify social and economic influences on personal financial goals and decisions.
5
Learning Objective: 01-02 Develop personal financial goals.
1
Learning Objective: 01-03 Calculate time value of money situations associated with personal financial decisions.
1
Learning Objective: 01-04 Implement a plan for making personal financial and career decisions.
1
Learning Objective: 02-01 Identify the main components of wise money management.
3
Learning Objective: 02-02 Create a personal balance sheet and cash flow statement.
5
Learning Objective: 03-01 Identify the major taxes paid by people in our society.
4
Learning Objective: 03-02 Calculate taxable income and the amount owed for federal income tax.
4
Learning Objective: 04-01 Identify commonly used financial services.
3
Learning Objective: 04-03 Assess various types of savings plans.
4
Learning Objective: 04-04 Evaluate different types of payment methods.
1
Learning Objective: 05-01 Analyze advantages and disadvantages of using consumer credit.
3
Learning Objective: 05-02 Assess the types and sources of consumer credit.
4
Learning Objective: 05-03 Determine whether you can afford a loan and how to apply for credit.
3
Learning Objective: 05-05 Develop a plan to protect your credit and manage your debts.
1
Learning Objective: 06-01 Identify strategies for effective consumer buying.
6
Learning Objective: 06-02 Implement a process for making consumer purchases.
4
Learning Objective: 06-03 Describe steps to take to resolve consumer problems.
1
Learning Objective: 07-01 Assess costs and benefits of renting.
3
Learning Objective: 07-02 Implement the home-buying process.
3
Topic: A Plan for Personal Financial Planning
1
Topic: A Successful Money Management Plan
3
Topic: Applying for Credit
3
Topic: Comparing Payment Methods
1
Topic: Comparing Savings Plans
4
Topic: Consumer Buying Activities
6
Topic: Developing and Achieving Financial Goals
1
Topic: Evaluating Renting and Buying Alternatives
3
Topic: Home-Buying Activities
3
Topic: Major Consumer Purchases-Buying Motor Vehicles
4
Topic: Making Financial Decisions
5
Topic: Opportunity costs and the Time Value of Money
1
Topic: Personal Financial Statements
5
Topic: Planning Your Use of Financial Services
3
Topic: Protecting Your Credit
1
Topic: Resolving Consumer Complaints
1
Topic: Taxes in Your Financial Plan
4
Topic: The Basics of Federal Income Tax
4
Topic: Types of Credit
4
Topic: What Is Consumer Credit
3