Question

Please match the term or question with the correct answer.       -       A....

Please match the term or question with the correct answer.

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Define the term opportunity cost of time.

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Define the term:Behavioral financial planning

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

What is TPM?

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Define life cycle theory?

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Define Capital expenditures.

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Define Pro forma Statements

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

An example of Economies of Scale

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

Why is the Total Portfolio Management approach unique?

      -       A.       B.       C.       D.       E.       F.       G.       H.       I.   

What are operating activities?

A.

Cash outflows that provide household operating benefits for an extended period of time.

B.

The analysis of individual conduct and the development of practical techniques to improve financial decision making. Its goal is to educate and establish practices that close the gap between actual and ideal planning, thereby bringing people closer to their own goals.

C.

A household’s sharing of fixed costs for shelter and other goods

D.

Individuals plan for future events using current and future financial resources with the objective of smoothing fluctuations in standard of living over time and attaining predetermined goals.

E.

The day-to-day financial functions of the household.

F.

TPM is unique because it analyzes all household assets and obligations.

G.

The alternative to time spent in household work or leisure time pursuits.  It indicates that the time spent on both activities can be compared with the money which could be earned by working in a job.  

H.

Statements that include projections.

I.

Total Portfolio Management takes all assets and liabilities into one household portfolio including human assets, real assets, and non-financial assets.

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Answer #1

1. Define the term opportunity cost of time. - G is correct match for it
2. Define the term:Behavioral financial planning - B is correct Option
3.What is TPM? -I is the correct match
4. Define life cycle theory? - D is the correct Match
5. Define Capital expenditures.- A is the correct match
6. Define Pro forma Statements - H is the correct Option
7. An example of Economies of Scale- C is the correct Option
8. Why is the Total Portfolio Management approach unique? - F is the correct option
9. What are operating activities? - E is the correct option

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