Reference no: EM133113038
1. Which of the following is the furthest to the left of the security market line? Multiple Choice
a. High quality stocks
b. Corporate bonds
c. None of the choices are correct.
2. Why is there a need for the financial plan to integrate all financial actions? Multiple Choice
a. To satisfy certain regulation that financial planners must follow.
b. Due to the limited resources households have.
c. None of the choices are correct.
3. The minimum coverage generally associated with umbrella coverage is: Multiple Choice
a. There is no minimum coverage.
b. $750,000
c. $1 million.
4. What is the mandate of behavioral financial planning? Multiple Choice
a. To eliminate any behavior that is increases the risk to the revenue source
b. To focus on any behavior that provides a shortfall from ideal results and can be improved upon
c. To eliminate any behavior that is not result in revenue generation
5. Which of the following is not part of an insurance policy? Multiple Choice
a. Investment return
b. Liability expense
c. Mortality charge
6. Which area of personal financial planning is affected by the external environment variable "Change in projected inflation rate"? Multiple Choice
a. None of the choices are correct.
b. Debt.
c. Tax planning.