Question
John Carter has been looking at his financial situation. He has determined that his checking account has $1165 and that he also has a savings
John Carter has been looking at his financial situation. He has determined that his checking account has $1165 and that he also has a savings account of $450. He has estimated the value of his home furnishings as $10,500 and his stereo equipment and TV as $350. He has a computer system worth $2800 and clothes and dishes worth $780. He owns his home and it has been estimated to be worth $125,000 while his car has been estimated to be worth $14,850. He still owes $85,500 on his home, $12,250 on his car and has a balance on his credit cards of $3660. What is the value of John's real estate?
a.
$695
b.
$1165
c.
$940
d.
$2105
e.
None of the above
Katie Bell has kept track for a month of all of her income and expenses. She has determined that her take-home pay for the month was $2700 with an additional $100 in interest and dividends earned during the month. She has also determined that her mortgage payment for the month was $850 and her car payment was $220. She spent $175 on groceries, $150 on clothes and her utilities were $90 for the month. She pays her car insurance monthly and for the month it was $90. She used her credit card to go to the movies and for going out to eat and to pay for her gas for her car. Her credit card bill for the month was $525. What were Katie's variable expenses for the month?
a.
$695
b.
$1165
c.
$940
d.
$2105
e.
None of the above
Kathy has estimated her income for the month and is now determining how much she wants to save for the month. Which step in the budgeting process is she completing?
a.
Budgeting emergency funds and savings
b.
Budgeting fixed expenses
c.
Budgeting variable expenses
d.
Recording spending amounts
e.
Reviewing spending and saving patterns
John Carter has been looking at his financial situation. He has determined that his checking account has $1165 and that he also has a savings account of $450. He has estimated the value of his home furnishings as $10,500 and his stereo equipment and TV as $350. He has a computer system worth $2800 and clothes and dishes worth $780. He owns his home and it has been estimated to be worth $125,000 while his car has been estimated to be worth $14,850. He still owes $85,500 on his home, $12,250 on his car and has a balance on his credit cards of $3660. What is the value of John's real estate?
| a. | $695 |
| b. | $1165 |
| c. | $940 |
| d. | $2105 |
| e. | None of the above |
Katie Bell has kept track for a month of all of her income and expenses. She has determined that her take-home pay for the month was $2700 with an additional $100 in interest and dividends earned during the month. She has also determined that her mortgage payment for the month was $850 and her car payment was $220. She spent $175 on groceries, $150 on clothes and her utilities were $90 for the month. She pays her car insurance monthly and for the month it was $90. She used her credit card to go to the movies and for going out to eat and to pay for her gas for her car. Her credit card bill for the month was $525. What were Katie's variable expenses for the month?
| a. | $695 |
| b. | $1165 |
| c. | $940 |
| d. | $2105 |
| e. | None of the above |
Kathy has estimated her income for the month and is now determining how much she wants to save for the month. Which step in the budgeting process is she completing?
| a. | Budgeting emergency funds and savings |
| b. | Budgeting fixed expenses |
| c. | Budgeting variable expenses |
| d. | Recording spending amounts |
| e. | Reviewing spending and saving patterns |
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The ASQ Certified Food Safety And Quality Auditor
Authors: Steven Wilson
4th Edition
1951058186, 978-1951058180
