QUESTION 10

1. Using cash as much as possible is a method through which one can:

Reduce temptation.

Minimize discomfort.

Eliminate options to spend.

All of the above.

None of the above

QUESTION 3

Which of the following influences one's risk tolerance?

1. Personality.
2. Upbringing.
3. Type of future cash flows for the household.
4. All of the above.
5. None of the above.

QUESTION 4

Which of the following is not a use of home ownership?

1. Providing shelter.
2. Short-term investment.
3. Providing pleasure to its occupants.
4. All of the above are uses of home ownership.
5. Both b and c are not uses of home ownership.

QUESTION 5

What are capital expenditures?

1. Outlays for financial assets.
2. Outlays that provide benefits over an extended period of time.
3. Outlays thata can be used for purchasing new assets but not improving existing one
4. .Both a and b.
5. Both b and c.