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Remaining Time: 1 hour, 58 minutes, 10 seconds Question Completion Status: QUESTION 1 Rebecca Gladlyn budgeted $1050 for housing and utilities in July She actually spent 5062 What is her budget variance? a $962 detit b $88 deficit oc $44 cofid 588 surplus o 5062 surplus QUESTION 2 An advantage of personal financial planning is oo The use of low interest savings 6 Increased impulso spending increased control of francial affairs Od More credit card dobt Loss monitoring of investments QUESTION 3 The higher your FICO Score, the more risk you pose to creditors O a TRUE OD FALSE QUESTION 4 The uncertainty associated with decision making is referred to as O a Opportunity cost Selection of alternatives Oc Financial goals Od Personal values O Risk QUESTIONS In the five Cs of credit conditions refer to what will happen if the borrower does not repay the loan O TRUE FALSE QUESTION 1 Rebecca Gladlyn budgeted $1050 for housing and is in July She actually spent $962 What is het budget variance? a $962 deficit Ob es deficit oc $44 deficit od 588 surplus $962 surplus QUESTION 2 An advantage of personal fancial planning is a The use of low interesting increased impulso spending increased control of financial stairs Od More Credit Cardut o less motoring of investments QUESTION 3 The higher your FICO score, the more risk you pose to creditors O TRUE FALSE QUESTION 4 The uncertainty associated with decision making is referred to as a Opportunity cost ob Selection of alternatives Oc Financial goals d. Personal values Oe Risk QUESTION 5 In the five Cs of credit conditions refer to what will happen if the borrower does not repay the loan O a TRUE FALSE