Use the Following Description of Terms to Answer the Matching

question 70

Short Answer

Use the following description of terms to answer the matching questions below:
A) forecasting future expenses and savings
B) uncertainty on a potential return on an investment
C) what you own
D) determining how much money you should set aside for retirement
E) what you owe
F) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments
G) determining how your wealth will be distributed before or upon your death
H) current value of what you own minus what you owe
I) source of current information about a variety of topics
J) access to funds to cover any short-term cash deficiencies
-risk

• A) forecasting future expenses and savings
• B) uncertainty on a potential return on an investment
• C) what you own
• D) determining how much money you should set aside for retirement
• E) what you owe
• F) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments
• G) determining how your wealth will be distributed before or upon your death
• H) current value of what you own minus what you owe
• I) source of current information about a variety of topics
• J) access to funds to cover any short-term cash deficiencies
• -risk

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Definitions:

Cash Over

Refers to a situation where the actual cash amount received is greater than the expected or recorded amount.

Cash Sales

Transactions in which goods or services are exchanged for cash payment at the time of the sale.

Electronic Funds Transfers

The digital transfer of money from one bank account to another either within the same financial institution or across different banks, via computer-based systems.

Principal Advantages

Key benefits or main positives associated with a method, strategy, or system.