A legal document that establishes ownership in a(n):

• acceptance

• deed

• lien

• title

When interest rates are high, the average consumer will:

• buy less

• not change spending patterns

• buy nothing at all

• save less

Which one of the following is money paid by one former spouse to support the other?

• child support

• property settlement

• alimony

• divorce decree

With _______, the bank deducts payments form your account and transfers them to the appropriate companies.

• automatic teller machines

• automatic bill payment

• direct deposit

• credit cards

A blueprint or plan for managing all aspects of a person's money is called:

• a focus plan

• financial planning

• architectural management

• an undesirable financial burden

A corporation's net, or after-tax, earnings divided by the number of outstanding shares of common stock is a measurement of a company's performance referred to as:

• earnings per share

• current yield

• price-earnings (PE) ration

• dividend

Which of the following accounts is the most liquid?

• savings account

• certificate of deposit

• money market account

• checking account

You will receive greatest gain on your principal if interest is compounded

• daily

• semiannually

• annually

• quarterly

A labeling method that indicates the freshness, or shelf life, of a perishable product is:

• unit pricing

• contract

• open dating

• warranty

What does HMO stand for?

• Hospitalization and Medical Organization

• Health and Medical Organization

• Health Medical Organization

• Health Maintenance Organization