1. If you have a credit card: A. Pay it off each month B. Spend wisely C. Use it as a tool to gain good credit D. All of these E. None of these 2. When starting a savings plan: A. Have at least five months' income saved for emergencies B. Wait until you have acquired your career job C. Save only in months where you have extra income D. All of these E. None of these 3. Practicing good financial management while still in college benefits you because: A. Budgets keep you focused and eliminate waste B. You will most likely be earning more money once you complete your education C. Poor credit decisions will haunt you in the future D. All of these
1. If you have a credit card: A. Pay it off each month B. Spend wisely C. Use it as a tool to gain good credit D. All of these E. None of these 2. When starting a savings plan: A. Have at least five months' income saved for emergencies B. Wait until you have acquired your career job C. Save only in months where you have extra income D. All of these E. None of these 3. Practicing good financial management while still in college benefits you because: A. Budgets keep you focused and eliminate waste B. You will most likely be earning more money once you complete your education C. Poor credit decisions will haunt you in the future D. All of these
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
1. If you have a credit card:
A. Pay it off each month
B. Spend wisely
C. Use it as a tool to gain good credit
D. All of these
E. None of these
2. When starting a savings plan:
A. Have at least five months' income saved for emergencies
B. Wait until you have acquired your career job
C. Save only in months where you have extra income
D. All of these
E. None of these
3. Practicing good financial management while still in college benefits you because:
A. Budgets keep you focused and eliminate waste
B. You will most likely be earning more money once you complete your education
C. Poor credit decisions will haunt you in the future
D. All of these
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