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Jeopardy True/False TermsShort/Long Q$100 Q$200 Q$300 Q$400 Q$500 Q$100 Q$200 Q$300 Q$400 Q$500 FinalFinal Jeopardy A or L Q$100 Q$200 Q$300 Q$400 Q$500 Q$100 Q$200 Q$300 Q$400 Q$500 Q$100 Q$200 Q$300 Q$400 Q$500
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$100 Question from True/False A balance sheet is a record of assets and liabilities at a point in time— True or False?
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$100 Answer to True/False What is True.
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$200 Question from True/False The difference between assets and liabilities is called your cash flow— True or False?
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$200 Answer to True/False What is False.
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$300 Question from True/False Variable expenses are for the same amount each time—True or False?
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$300 Answer to True/False What is False.
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$400 Question from True/False A budget variance is the difference between budgeted amounts and actual spending—True or False?
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$400 Answer to True/False What is True.
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$500 Question from True/False The most popular retirement income plan is the individual retirement account (IRA)—True or False?
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$500 Answer to True/False What is True.
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$100 Question from True/False Cash inflows are the money you spend on food, clothing, and other living expenses—True or False?
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$100 Answer to True/False What is False.
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$200 Question from True/False Estate planning includes the distribution of your property at death—True or False?
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$200 Answer to True/False What is True.
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$300 Question from True/False An annuity is a series of regular payments made to a retired worker under a plan—True or False?
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$300 Answer to True/False What is False.
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$400 Question from True/False Financial planning generally reduces an individual’s financial uncertainties—True or False.
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$400 Answer to True/False What is True.
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$500 Question from True/False Putting together a good budget is a very time-consuming process—True or False?
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$500 Answer to True/False What is False.
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$100 Question from Terms The amount of a paycheck after taxes and other payroll deductions.
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$100 Answer to Terms What is net income or net pay?
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$200 Question from Terms A report of your current financial condition and a strategy for your financial future.
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$200 Answer to Terms What is a financial plan?
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$300 Question from Terms Items of value, such as money, investments, automobiles, and jewelry.
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$300 Answer to Terms What are personal assets?
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$400 Question from Terms The amount of money you plan to use for a certain budget category.
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$400 Answer to Terms What is an allowance?
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$500 Question from Terms Costs that occur on a regular basis, such as rent or mortgage payments.
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$500 Answer to Terms What are fixed expenses?
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$100 Question from Short or Long-Term Buying a new sweater.
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$100 Answer to Short or Long-Term What is short-term?
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$200 Question from Short or Long-Term Saving for a class trip to Washington, D.C.
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$200 Answer to Short or Long-Term What is long-term?
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$300 Question from Short or Long-Term Buying a new car.
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$300 Answer to Short or Long-Term What is long-term?
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$400 Question from Short or Long-Term Having your coat dry cleaned.
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$400 Answer to Short or Long-Term What is short-term?
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$500 Question from Short or Long-Term Going to a concert with friends.
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$500 Answer to Short or Long-Term What is short-term?
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$100 Question from Asset or Liability Computer.
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$100 Answer to Asset or Liability What is an asset?
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$200 Question from Asset or Liability Checking account.
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$200 Answer to Asset or Liability What is an asset?
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$300 Question from Asset or Liability Balance on store charge account.
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$300 Answer to Asset or Liability What is a liability?
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$400 Question from Asset or Liability Car loan.
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$400 Answer to Asset or Liability What is a liability?
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$500 Question from Asset or Liability Money borrowed to pay tuition.
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$500 Answer to Asset or Liability What is a liability?
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Final Jeopardy Question The percentage of U.S. banks that are FDIC members.
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Final Jeopardy Answer What is almost 99%?
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