66-)

How much you can contribute to your RRSP depends on your

Select one:

a. earned income and pension adjustment.

b. other taxable investments made during the year.

c. length of time on the job.

d. age, residency, and tax status.

67-)

The disadvantage of leasing a vehicle is

Select one:

a. the consideration of the resale value at the end of the lease.

b. there is no equity in the car.

c. the responsibility for maintenance costs.

d. the cost of finding a buyer for the car at the termination of the lease.

70-)

Which of the following is a credit management decision?

Select one:

a. Putting money into an emergency fund

b. Obtaining a student loan to attend college or university

c. Putting money into short term investments

d. Purchasing a used car with cash

71-)

The least risky, lower interest paying bonds are

Select one:

a. provincial bonds.

b. corporate AA bonds.

c. federal government bonds.

d. Crown corporation bonds.

72-)

A financial plan should be

Select one:

a. prepared when you graduate from college or university and reviewed and adjusted periodically as events such as marriage, job changes, birth of children, and retirement necessitate.

b. prepared when you graduate from college or university and carefully followed until you retire, when you will no longer need one.

c. prepared when you graduate from college or university and carefully followed thereafter without changes.

d. done only in a rough outline, as it will change too often to make anything more detailed feasible.