7. Which of the following is NOT an Investment Style discussed in the WSJ Investing class? a.

Dollar Cost Averaging Strategy b.

Growth Strategy c.

Open-end Investment Strategy d.

Technical Strategy e.

Value Strategy

1. Which of the following items should NOT be included in your spending plan (cash budget)? a.

$8 lattes, 5 days a week. b.

The 5% down payment on a car you plan to purchase this year. c.

Entertainment expenses d.

The 10% down payment on the home you purchased last year.

12.

Which of the following does NOT provide a deduction that allows you to reduce your tax bill? a.

Donations to a non-profit charity b.

Mortgage interest (interest paid on your home loan) c.

Home-based business expenses d.

401k contributions from your paycheck e.

Gas for your vehicle to drive to school

16Which of the following steps is NOT CORRECT when developing a spending plan?

	a.	List your monthly expenses and divided into "fixed" and "variable" columns.
	b.	Review regularly and adjust expenses accordingly.
	c.	Gather all financial statements, including bank statements.
	d.	Add up all your income sources.
	e.	Subtract your total income from your expenses.