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psych exam 3 part 2 – Flashcards 194 terms

Lucas Davies
194 terms
Preview
psych exam 3 part 2 – Flashcards
question
The jury deliberated on the rape case for over 8 hours. Some of the jurors commented that the rape victim had a history of going out to various bars and had been dressed too provocatively. Looking like that, she asked to be assaulted. This behavior is best explained in terms of the:
answer
just-world phenomenon.
question
After the events of 9/11, some Americans began boycotting Arab-American stores and lashing out at any Middle-Eastern person they saw. This behavior is best explained in terms of:
answer
the scapegoat theory.
question
The tendency to favor one's own group, the group with whom we share a common identity, is called:
answer
ingroup bias.
question
Research shows that, after extensive exposure to X-rated sexual films, men are subsequently ________ accepting of women's sexual submission and ________ likely to perceive a woman's friendliness as sexual interest.
answer
more; more
question
When the temperatures go up in the summer, the rates of violent crimes increase. This is best explained in terms of:
answer
the frustration-aggression principle
question
Shortly after learning he did not make it onto his high school football team, Alex vandalized the team's locker room and broke several of the school's windows. His behavior is best explained in terms of:
answer
the frustration-aggression principle.
question
Discrimination is a negative ___________, whereas prejudice is a negative ___________.
answer
behavior; attitude
question
____________ is an unjustifiable, usually negative, attitude toward a group and its members.
answer
Prejudice
question
Those perceived as different or apart from one's ingroup, are called:
answer
outgroup.
question
Shortly after learning he did not make it onto his high school football team, Alex vandalized the team's locker room and broke several of the school's windows. His behavior is best explained in terms of:
answer
the frustration-aggression principle.
question
____________ can be defined as any physical or verbal behavior that is intended to hurt or destroy
answer
Aggression
question
Last week Becky read that labels can bias perceptions, so she does not support placing diagnostic labels on psychological problems. If you were trying to convince her that these types of labels do have benefits, you might tell her that mental health professionals use labels to:
answer
Mental health professionals use diagnostic labels to do all of these things.
question
Finn has been diagnosed with attention-deficit hyperactivity disorder. Which of the following problems might he be exhibiting?
answer
A person with attention-deficit hyperactivity disorder will exhibit all of these behaviors.
question
Brian often interrupts his teacher while she is speaking and frequently forgets to complete his homework assignments. He also has difficulty taking turns in playground games with classmates. Brian most clearly exhibits symptoms of:
answer
attention-deficit hyperactivity disorder.
question
Elsa is a 50-year-old teacher who is openly gay. According to the American Psychiatric Association (APA), Elsa's homosexuality:
answer
is NOT classified as an illness
question
Historically there have been a variety of models used to explain psychological disorders. The ___________ model assumes that mental disorders have physical causes that can be diagnosed and treated.
answer
medical
question
Dr. Cobbs believes that psychological disorders are influenced by genetic predispositions and physiological states. He is also aware that inner psychological dynamics, social dynamics, and culture influence psychological disorders. Dr. Cobbs believes in a:
answer
biopsychosocial model.
question
A large pharmaceutical company is conducting a clinical trial for major depressive disorder. They are concerned with the efficacy and safety of this new antidepressant. Their perspective is in line with the _______________ model
answer
medical
question
You have just finished evaluating a person suffering from schizophrenia who has considerable legal and financial difficulties. His legal and financial difficulties belong on which Axis?
answer
IV
question
John is a patient who reports significant anger, hostility, and overall disregard for people. He has been diagnosed with Antisocial Personality Disorder. His personality disorder belongs on which Axis?
answer
II
question
A current authoritative scheme for classifying psychological disorders is found in the:
answer
DSM-IV-TR.
question
Lynette is released after a 4-week stay at a psychiatric hospital. She needs to find an apartment near her job, because she can't afford a car. When she talks to potential landlords, how should she describe herself?
answer
She should NOT tell them she was in a psychiatric hospital. Many people react negatively to those labeled "mentally ill."
question
After study participants were told that a videotaped interviewee was a psychiatric patient, they characterized the person with phrases like "passive type" or "frightened of his own impulses." This study best illustrates the:
answer
biasing power of diagnostic labels
question
David Rosenhan and colleagues conducted a study examining the biasing power of diagnostic labels. They went to mental hospital admissions offices and complained of "hearing voices" saying "empty," "hollow," and "thud." This was the only complaint they reported and displayed no other symptoms. They were all
answer
diagnosed as mentally ill and the causes for their disorders were "discovered."
question
Last week Becky read that labels can bias perceptions, so she does not support placing diagnostic labels on psychological problems. If you were trying to convince her that these types of labels do have benefits, you might tell her that mental health professionals use labels to:
answer
Mental health professionals use diagnostic labels to do all of these things.
question
Attention-deficit hyperactivity disorder plagues some ___ percent of children and the appearance of the disorder occurs by age ____.
answer
4; 7
question
In _____________, a person exhibits persistently harmful thoughts, feelings, and actions.
answer
a psychological disorder
question
Naima washes her hands about 50 times a day because she is afraid of the germs that seem to be everywhere. Rana washes her hands about 50 times a day because she is a nurse practitioner and she knows that it is an important part of her job. Why is Naima's hand washing considered part of a psychological disorder, while Rana's is not?
answer
All of these things classify Naima's behavior as a psychological disorder.
question
An integrated understanding of psychological disorders in terms of stressful memories, evolutionary processes, and gender roles is most clearly provided by:
answer
a biopsychosocial approach.
question
He insisted that madness was not demon possession but a sickness of the mind caused by severe stresses and inhumane conditions.
answer
Pinel
question
Historically there have been a variety of models used to explain psychological disorders. The ___________ model assumes that mental disorders have physical causes that can be diagnosed and treated.
answer
medical
question
Psychosocial or environmental stressors belong on which Axis
answer
IV
question
Personality disorders and mental retardation belong on which Axis?
answer
II
question
You have just finished evaluating a person suffering from schizophrenia who has considerable legal and financial difficulties. His legal and financial difficulties belong on which Axis?
answer
diagnosed as mentally ill and the causes for their disorders were "discovered."
question
After study participants were told that a videotaped interviewee was a psychiatric patient, they characterized the person with phrases like "passive type" or "frightened of his own impulses." This study best illustrates the:
answer
biasing power of diagnostic labels
question
Last week Becky read that labels can bias perceptions, so she does not support placing diagnostic labels on psychological problems. If you were trying to convince her that these types of labels do have benefits, you might tell her that mental health professionals use labels to:
answer
Mental health professionals use diagnostic labels to do all of these things
question
Brian often interrupts his teacher while she is speaking and frequently forgets to complete his homework assignments. He also has difficulty taking turns in playground games with classmates. Brian most clearly exhibits symptoms of:
answer
attention-deficit hyperactivity disorder
question
According to psychologists and psychiatrists, a behavior is disordered if it is:
answer
A behavior must exhibit all of these factors to be considered disordered
question
In _____________, a person exhibits persistently harmful thoughts, feelings, and actions.
answer
a psychological disorder
question
Dr. Cobbs believes that psychological disorders are influenced by genetic predispositions and physiological states. He is also aware that inner psychological dynamics, social dynamics, and culture influence psychological disorders. Dr. Cobbs believes in a:
answer
biopsychosocial model.
question
A large pharmaceutical company is conducting a clinical trial for major depressive disorder. They are concerned with the efficacy and safety of this new antidepressant. Their perspective is in line with the _______________ model.
answer
medical
question
Around the world, people may experience the same genetically-based disorder quite differently, depending on their personal expectations and their cultural definition of abnormality. This best illustrates the need for:
answer
a biopsychosocial approach
question
John is a patient who reports significant anger, hostility, and overall disregard for people. He has been diagnosed with Antisocial Personality Disorder. His personality disorder belongs on which Axis?
answer
II
question
You have just finished evaluating a person suffering from paranoid schizophrenia who has considerable legal and financial difficulties. You assign a code of 35. This Global Assessment code belongs on which Axis?
answer
V
question
Tonya is interested in studying psychological disorders. If she wants to study the classification system most often used in the U.S., she should read the:
answer
DSM-IV-TR.
question
After study participants were told that a videotaped interviewee was a psychiatric patient, they characterized the person with phrases like "passive type" or "frightened of his own impulses." This study best illustrates the:
answer
biasing power of diagnostic labels
question
David Rosenhan and colleagues conducted a study examining the biasing power of diagnostic labels. They went to mental hospital admissions offices and complained of "hearing voices" saying "empty," "hollow," and "thud." This was the only complaint they reported and displayed no other symptoms. They were all:
answer
diagnosed as mentally ill and the causes for their disorders were "discovered."
question
Researchers find that conformity to the group increases when all of the following occur EXCEPT
answer
one is made to feel secure
question
In one study, participants who worked alongside someone who rubbed his face or shook his foot were observed to produce the same behaviors. This mimicry illustrates
answer
the chameleon effect
question
While you disagree with your boss, you laugh at the joke anyway to gain her approval. Your behavior illustrates
answer
normative social influence
question
In the Milgram experiments, the level of obedience was highest when the "teacher" was __________ the experimenter and __________ the "learner."
answer
close to; far from
question
Dr. Yen is designing an experiment on obedience to authority. She will set up a learning laboratory, and have participants deliver loud blasts of sound as punishment for incorrect answers (given by a confederate of the researcher). How can Dr. Yen increase the likelihood of the participants' obedience?
answer
She can make sure the participants know that she has a Ph.D. from a prestigious university
question
In a follow-up obedience experiment, Milgram used 40 new teachers to determine whether participants obeyed because the learners' protests were not convincing. Once again, the new teachers complied fully ________ percent of the time.
answer
65
question
At her health club, Bonnie pedals an exercise bike much faster when other patrons are using nearby equipment. This best illustrates
answer
social facilitation
question
Frieda is typically very shy. However, while watching a rock concert with a huge crowd, she lost her inhibitions and behaved in a sexually provocative way. Frieda's unusual behavior is best understood in terms of:
answer
deindividuation
question
You are the expert on psychometrics and assessment; however, three of the clinicians disagree on your choice of scales. You decide to change your opinion for the good of the group. This best illustrates
answer
groupthink
question
Your sister-in-law always has a smile on her face and a joke to tell. The moment she walks into your house you start smiling, even before she says something funny. This is caused by
answer
All of these things cause you to start smiling
question
Alexandra is well liked by her friends. When you watch her, you can see that she mimics her friends' gestures and seems to match their moods. Chartrand would suggest that this automatic mimicry is a component of
answer
empathy
question
In the original Milgram obedience experiment, men aged 20 to 50 had complied fully ________ percent of the time
answer
63
question
His experiments on obedience at Yale University are some of the most famous and involved deception.
answer
Milgram
question
Lars is an excellent violinist. In front of an audience, he tends to play his violin even more beautifully than when he is alone. This is most likely due to
answer
social facilitation.
question
The students at the University charged the field after the game in response to their team's loss. They vandalized the opposing team's field and the police had to be called in. This behavior is best understood in terms of
answer
deindividuation
question
_____________ result(s) from a person's desire to gain approval or avoid disapproval
answer
Normative social influence
question
_____________ result(s) from a person's willingness to accept others' opinions about reality
answer
Informational social influence
question
In a study on social loafing, blindfolded students were asked to pull on a rope as hard as they could. The students pulled hardest when they thought
answer
no others were pulling with them
question
A group of racially prejudiced high school students discussed racial issues. During the conversation, their attitudes became even more prejudiced. This best illustrates:
answer
group polarization
question
In Asch conformity experiments, researchers find that conformity to the group increases when:
answer
All of these things will increase conformity to the group
question
In making wedding preparations, Jason conforms to the expectations of his future bride's family, simply to win their favor. His behavior illustrates the importance of
answer
normative social influence
question
At a meeting in your office, three of your colleagues agree that the plan is correct as is; you feel the pressure to get the plan out today and agree. Your behavior illustrates
answer
informational social influence
question
Groupthink is fueled by a desire for
answer
harmony
question
During a riot, a large sporting event, or mob action, we lose self-awareness and self-restraint. This is known as
answer
deindividuation
question
A person in a group tends to exert MORE effort when he is individually accountable than when he is working with others toward a common goal. This is known as
answer
social loafing
question
The humanistic perspective has been criticized for promoting an excessive degree of:
answer
individualism.
question
Self-actualization is the ultimate psychological need. It only arises after basic psychological and physiological needs are met and self-esteem is achieved. Self-actualization is
answer
the motivation to fulfill one's potential
question
In a psychology class debate on the humanistic perspective, you need to take the opposing view and rebut its positive aspects. Which of the following criticisms of the humanistic perspective can you cite?
answer
The descriptions of self-actualizing people reflect Maslow's personal values
question
Most of Dakota's friends look at him with respect. He is self-aware, self-accepting, and open. He is spontaneous and caring, and does not worry about other people's opinions. According to Maslow, it is likely that Dakota is motivated by
answer
the need for self-actualization
question
Humanistic psychology emphasizes the importance of
answer
positive self-concept
question
Dr. Burns sees his own therapist in order for him to be at his emotional best for seeing patients. He is open with his feelings and self-disclosing in his own therapy. Rogers refers to this attitude as
answer
genuineness
question
In promoting personality growth, the person-centered perspective emphasizes everything EXCEPT
answer
altruism
question
Carl Rogers said, "The only question which matters is, 'Am I living in a way that is deeply satisfying to me?'" Critics of Rogers are most likely to object to this statement because
answer
Critics of Carl Rogers are likely to voice all of these objections
question
The humanistic perspective fails to appreciate
answer
the human capacity for evil
question
The humanistic perspective of personality:
answer
emphasizes the growth potential of "healthy" individuals
question
In a psychology class debate on the humanistic perspective, you need to take the opposing view and rebut its positive aspects. Which of the following criticisms of the humanistic perspective can you cite
answer
The descriptions of self-actualizing people reflect Maslow's personal values
question
A principal is looking for advice on how to improve his relationships with the teachers in his school. Carl Rogers might suggest which of the following?
answer
Be genuine with them and show them unconditional positive regard
question
According to Abraham Maslow, people are motivated by:
answer
a hierarchy of needs
question
According to Rogers, three conditions are necessary to promote personality growth. These are
answer
genuineness, acceptance, and empathy
question
A psychology instructor asks his class to write down all of their thoughts and feelings about themselves. This exercise is a way to describe:
answer
their self-concepts
question
Elena has been in therapy for two months. When she began therapy, her therapist asked her to describe herself as she would ideally like to be and as she actually is. He explained that when these two descriptions are nearly alike, the person is thought to have a positive:
answer
self-concept
question
Although Alex is frequently caught stealing money and other valuables from friends as well as strangers, he does not feel guilty or remorseful about his actions. Alex most clearly demonstrates a
answer
weak superego
question
According to Carl Jung, humans have a reservoir of images that are derived from our universal experiences. This is known as our
answer
collective unconscious
question
Kayden had to take a Rorschach inkblot test for his new job. He is worried because he has heard that the Rorschach is not a very good test. Critics would agree and suggest that the Rorschach:
answer
is not very reliable and that it has limited validity.
question
In 1921, Hermann Rorschach introduced what has become the most widely used ____________ test.
answer
projective
question
_____________ is to the history of psychology as _____________ is to the history of rock music
answer
Freud; Elvis
question
Bonnie is afraid to express anger toward her overbearing and irritating supervisor. Instead, she is critical of her children. A psychoanalyst would suggest that Bonnie's reaction to her children illustrates
answer
displacement.
question
Bryce often acts overly confident and daring. Few people realize he is actually riddled with unconscious insecurity and self-doubt. Bryce best illustrates the use of a defense mechanism known as
answer
reaction formation
question
Freud suggested that there are three interacting systems that can explain the dynamics of the human mind. These three systems refer to
answer
the id, the ego, and the superego
question
Freud's psychoanalytic theory includes ideas about:
answer
an unconscious region of the mind, psychosexual stages, and defense mechanisms
question
Lately, 5-year-old Liam has been acting strangely. He clings to his mother and expresses jealous feelings towards his father, almost as if his father is a rival for his mother's love. Freud would suggest that Liam is experiencing
answer
the Oedipus complex
question
Children who have witnessed a parent's murder report memories that most clearly challenge Freud's concept of
answer
repression
question
The _____________ perspective emphasizes the role of repressed childhood conflicts in personality disorders
answer
psychoanalytic
question
When a patient in psychoanalysis blocks anxiety-laden material from their consciousness they are experiencing:
answer
resistance.
question
The introduction of therapeutic drugs and community-based treatment programs in the ___________ helped to empty large mental hospitals as well as mark an era of improved treatments.
answer
1950s
question
Your therapist is eclectic and believes in using these two empirically supported therapies for treating your depression.
answer
behavior therapy and cognitive-behavior therapy
question
Nadine has decided to seek help for some problems she is having. She knows a little about different therapies and has decided she doesn't want to get involved in anything long-term. However, she does want to gain insight into the roots of her dificulties. If Nadine wants to gain insight into current issues, rather than delve into the past, she should try to find a therapist who specializes in:
answer
interpersonal psychotherapy
question
Interpersonal psychotherapy is a variation on psychodynamic therapy. It is different because:
answer
its goal is symptom relief in the here and now, and it focuses primarily on current relationships
question
When a patient in psychoanalysis begins to have feelings toward their therapist such as love or hatred and those feelings are linked to other relationships they have had or have, they are experiencing
answer
transference.
question
Client-centered therapists emphasize the importance of:
answer
enabling clients to feel
question
Who emphasized the importance of active listening in the process of psychotherapy?
answer
Carl Rogers
question
During a therapy session, Jenny focuses on several intrusive thoughts that have been bothering her. The therapist tells Jenny to report any ideas or memories stimulated by these thoughts. Jenny's therapist is using a technique known as:
answer
free association.
question
In an eating disorders clinic, the patients receive merits for good eating behaviors such as finishing their meal, not exercising after their meal, and for appropriate behaviors on the unit. This best illustrates an application of:
answer
the token economy
question
Nancy's therapist is an active listener who often paraphrases what she says. He does not judge her and is quite open to her exploration of her weaknesses. He gives her appropriate validation and encourages her to reflect on her feelings. He wants to deepen her self-understanding. Her therapy is most likely:
answer
client-centered.
question
This therapy is empirically supported for treating bed-wetting.
answer
behavior modification
question
Beck's therapy, which teaches people new and more adaptive ways of thinking and acting, and is based on the assumption that thoughts intervene between events and our emotional reactions is called:
answer
cognitive therapy
question
You recognize that depressed people do not exhibit the same self-serving bias common in non-depressed people. You are most likely a
answer
cognitive therapist
question
Several years after his wife's death, Mr. Sanchez remains incapacitated by feelings of guilt and sadness. To reduce Mr. Sanchez's depression, a therapist is actively encouraging him to stop blaming himself for his inability to prevent his wife's death. The therapist's approach is most representative of:
answer
cognitive therapy.
question
Your therapy with a 15-year-old patient has been going well, but she tends to bottle her feelings when discussing her relationship with her mother. You believe that she can benefit from her family's involvement which will promote positive communication. Today's session brings together your patient and her parents. You are engaging in:
answer
family therapy.
question
At his weekly therapy session, Henry became agitated at his therapist, saying that she was controlling, domineering, and trying to ruin his life with all of her mothering. A psychoanalyst would suggest that this illustrates:
answer
transference.
question
____________ is a behavior therapy procedure that conditions new responses to a stimuli that originally triggered an unwanted behavior.
answer
All of these procedures are used in behavior therapy
question
To help Jacob overcome his smoking habit, a therapist puts him in a room with a carton of cigarettes laced with a chemical to induce nausea. He displays images of the dangers of smoking both on the walls and on a television set. This approach to treatment best illustrates:
answer
aversive conditioning.
question
Schizophrenia and bipolar disorder are likely to be treated with ________________ therapy which acts directly on the patient's nervous system.
answer
biomedical
question
Interpersonal psychotherapy is a variation on psychodynamic therapy. It is different because:
answer
its goal is symptom relief in the here and now, and it focuses primarily on current relationships
question
Nancy's therapist is an active listener who often paraphrases what she says. He does not judge her and is quite open to her exploration of her weaknesses. He gives her appropriate validation and encourages her to reflect on her feelings. He wants to deepen her self-understanding. Her therapy is most likely:
answer
client-centered.
question
As a parent, you are skeptical of treatments that sound too good to be true. When you arrive at the psychologist's office, you ask about what is the empirically supported treatment for bed-wetting as your 6-year-old son has been having difficulties. You learn that _________________ is the empirically supported treatment
answer
behavior modification
question
In a residential treatment facility for troubled youth, adolescent children receive large colored buttons when they hang up their clothes, make their beds, and come to meals on time. The children return the buttons to staff members to receive bedtime snacks or watch TV. This best illustrates an application of:
answer
operant conditioning
question
The goal of stress inoculation training is to reduce incapacitating anxiety by encouraging people to say positive things to themselves during anxiety-producing situations. This best illustrates a form of:
answer
cognitive therapy
question
Beck's therapy, which teaches people new and more adaptive ways of thinking and acting, and is based on the assumption that thoughts intervene between events and our emotional reactions is called:
answer
cognitive therapy
question
Because she mistakenly believes the herbal remedy she is using will help her lose weight, Mrs. Redding is feeling a considerable reduction in her appetite. This best illustrates:
answer
the placebo effect
question
Psychotherapy is also _____________ when compared with the greater costs of medical care for psychologically related complaints.
answer
cost-effective
question
When people's symptoms of psychological distress are at their worst, anything they do to alleviate the condition is likely to be followed by improvement rather than further deterioration. This is best explained by:
answer
regression toward the mean
question
This therapy is empirically supported for treating depression
answer
behavior therapy and cognitive-behavior therapy
question
Therapy is likely to be most effective when a client's problem is:
answer
clear-cut.
question
Delinquent boys put through Scared Straight programs said they were now ________ likely to be law-abiding. When compared with delinquent boys NOT assigned to Scared Straight, they became ________ likely to commit new offenses.
answer
more; more
question
Which of the following is effective in the treatment of seasonal affective disorder
answer
light exposure therapy
question
As you live up North, you want to prepare for the dark and cold winter months ahead before your seasonal affective disorder takes hold of you again. You decide to try:
answer
light exposure therapy
question
Which of the following factors is NOT a therapeutically effective component of eye movement desensitization and reprocessing?
answer
rapidly moving one's eyes
question
For the last three months, Selma has been seeing her therapist weekly. She is feeling much better because:
answer
All of these things are true of effective therapy
question
Good therapies share much in common, including:
answer
hope for demoralized people
question
The American Psychological Association suggests that which of the following is a signal that a person should consider seeking help from a professional?
answer
A person should consider therapy if he/she experiences any of these trouble signals.
question
It is difficult to evaluate the effectiveness of psychotherapy because
answer
testimonials from former patients can be misleading.
question
It is difficult to evaluate the effectiveness of psychotherapy because
answer
people often enter therapy in crisis, and these crises often pass without professional help
question
The placebo effect best illustrates the importance of _____________ in therapeutic outcomes
answer
cognitive processes.
question
Delinquent boys put through Scared Straight programs said they were now ________ likely to be law-abiding. When compared with delinquent boys NOT assigned to Scared Straight, they became ________ likely to commit new offenses.
answer
more; more
question
This therapy is empirically supported for treating depression
answer
behavior therapy and cognitive-behavior therapy
question
Therapy is likely to be most effective when a client's problem is:
answer
clear-cut.
question
Which of the following factors is NOT a therapeutically effective component of eye movement desensitization and reprocessing?
answer
rapidly moving one's eyes
question
Which of the following is least likely to be effective in the treatment of depression?
answer
eye movement desensitization and reprocessing (EMDR
question
As you live up North, you want to prepare for the dark and cold winter months ahead before your seasonal affective disorder takes hold of you again. You decide to try:
answer
light exposure therapy
question
The American Psychological Association suggests that which of the following is a signal that a person should consider seeking help from a professional?
answer
A person should consider therapy if he/she experiences any of these trouble signals
question
Good therapies share much in common, including
answer
hope for demoralized people.
question
The double-blind technique is most likely to be used in evaluating the effectiveness of
answer
drug therapies
question
Mel and her doctor are trying to decide which medication Mel should use to reduce her psychotic symptoms. Her doctor told her that the first-generation dopamine-blocking drugs can have side effects such as:
answer
twitches and tremors
question
_______________ is a type of treatment that physically changes the brain's functioning
answer
Biomedical therapy
question
Patients receive a general anesthetic and muscle relaxant prior to treatment with
answer
electroconvulsive therapy (ECT
question
With _____________, patients receive repeated pulses of magnetic energy to the brain, which can be used to stimulate activity in various areas of the brain
answer
repetitive transcranial magnetic stimulation (rTMS)
question
Sharon was admitted to the hospital with severe depression. She nearly killed herself by slitting her wrists. The only reason she survived is because her husband came home from work early. The only type of treatment that can bring her out of depression quickly and potentially save her life is:
answer
electroconvulsive therapy (ECT)
question
Nowadays, patients are very rarely treated using _____________, a psychosurgical procedure in which the nerves that connect the frontal lobes to the emotion-controlling centers of the inner brain are cut.
answer
lobotomy
question
Antipsychotic drugs are to __________ as a cork is to a ___________.
answer
dopamine receptors; bottle
question
In a study using _______________, half of the patients receive a drug and the other half receives a similar-appearing placebo. Neither the patients in the study, nor the staff administering the treatment, know who gets which treatment
answer
a double-blind technique
question
Dr. Pimler is conducting a study on a new antipsychotic medication. In order to determine if the drug is effective, he should
answer
use the double-blind technique
question
John is a 28-year-old male who suffers from bipolar disorder. He does not like lithium because of the side effects. His doctor prescribes this medication, originally used to treat epilepsy. This medication is:
answer
Depakote.
question
Today, Ellen is going to the mental health clinic for a new treatment. During the procedure her brain will be exposed to repeated pulses of magnetic energy. This type of treatment is known as
answer
repetitive transcranial magnetic stimulation (rTMS
question
Sharon was admitted to the hospital with severe depression. She nearly killed herself by slitting her wrists. The only reason she survived is because her husband came home from work early. The only type of treatment that can bring her out of depression quickly and potentially save her life is
answer
electroconvulsive therapy (ECT).
question
With _____________, patients receive repeated pulses of magnetic energy to the brain, which can be used to stimulate activity in various areas of the brain.
answer
repetitive transcranial magnetic stimulation (rTMS)
question
Antipsychotic drugs are to __________ as a cork is to a ___________.
answer
dopamine receptors; bottle
question
Nowadays, patients are very rarely treated using _____________, a psychosurgical procedure in which the nerves that connect the frontal lobes to the emotion-controlling centers of the inner brain are cut.
answer
lobotomy
question
At one time, disordered people were simply warehoused in asylums. Asylums have been replaced with psychiatric hospitals, where attempts are made to diagnose and cure people suffering from psychological disorders. This best illustrates one of the beneficial consequences of:
answer
the medical model.
question
The ____________ and ____________ are two major systems used to classify psychological disorders.
answer
DSM-IV-TR; ICD-10
question
Your professor asks you on what axis diabetes would fall under. You answer:
answer
Axis III
question
Diane is constantly concerned about things at work even when she is at home. She is constantly worried about her home life even when she is at work. Diane has a free-floating anxiety that leaves her tense, irritable, impairs her concentration, and leaves her with many sleepless nights. Diane suffers from a(n):
answer
generalized anxiety disorder
question
_____________ are characterized by distressing, persistent anxiety or maladaptive behaviors that reduce anxiety
answer
Anxiety disorders
question
People who suffer from generalized anxiety disorder:
answer
are tense and apprehensive all of the time
question
Symptoms that can be incorrectly perceived as a heart attack are most characteristic of:
answer
panic disorder.
question
Symptoms that can be incorrectly perceived as a heart attack are most characteristic of:
answer
panic disorder.
question
When people suffer from a(n) ____________, they often feel intense fear that something horrible is about to happen. These feelings last minutes and include heart palpitations, shortness of breath, and dizziness.
answer
panic attack
question
Twenty-year-old Brianna lives in a small town. She has always been extremely shy, but lately she has been feeling intensely afraid that others are scrutinizing her. She avoids speaking in class, she no longer goes to parties, and she starts trembling whenever she is in a public place. Brianna seems to be suffering from a(n):
answer
social phobia.
question
Susan has been diagnosed with panic disorder and refuses to leave her home without her husband. She fears any situation in which she cannot escape or find help when a panic attack would strike. Susan suffers from panic disorder with:
answer
agoraphobia.
question
If you have an intense fear of speaking in public, eating out, or going to parties, you may be suffering from:
answer
social phobia.
question
Michael is extremely fearful of germs. He sleeps in a special chamber at night, wears gloves, and will only eat food that he can unwrap. His symptoms are most characteristic of:
answer
obsessive-compulsive disorder.
question
The onset of obsessive-compulsive disorder occurs around:
answer
the late teens and twenties
question
People who suffer from ____________ are so preoccupied by unwanted repetitive thoughts and/or actions that they are unable to function in their daily lives.
answer
obsessive-compulsive disorder
question
Years after he barely survived a terrorist attack that killed his wife and two children, Mr. Puskari suffers recurring flashbacks and frequent nightmares of the event. They render him incapable of holding a steady job. Mr. Puskari is most clearly showing signs of:
answer
post-traumatic stress disorder.
question
PTSD rates vary from ___ percent among those who have experienced a natural disaster, to up to ___ percent among those who have been kidnapped, held captive, tortured, or raped.
answer
4; 50
question
Suffering can lead to ______________; that is, a challenging crisis can lead to an increased appreciation for life, more meaningful relationships, and changed priorities.
answer
post-traumatic growth
question
Andrea experiences extreme anxiety when she approaches any lake. Her therapist suggests that her fear is the result of a traumatic childhood boating accident. The therapist's suggestion reflects a ___________ perspective.
answer
learning
question
Mr. Hoffman has always been cautious with his money. But, over the past two weeks, he has developed grandiose plans to bet his entire savings on a single horse race. With unrestrained exuberance he has also been giving everybody he sees unsolicited advice on how to make millions in the stock market. Mr. Hoffman's behavior is most indicative of:
answer
This behavior is not indicative of a disorder. The symptoms would need to be severe and prolonged to indicate a disorder.
question
____________ is like a warning light in a car. When it is evident, it is telling us to stop and take protective measures.
answer
Depression
question
Major depressive disorder is a mood disorder characterized by signs of depression (e.g., lethargy, feelings of worthlessness, and loss of interest in family, friends, and activities). To be diagnosed with major depressive disorder, these signs must:
answer
last for two or more weeks
question
John has been having difficulties getting out of bed, is not interested in going out with friends or even answering the phone. He has let a number of bills go unpaid he is sleeping 12-14 hours a day, and he cannot concentrate at work. He has called in sick to work at least once each week. John is most likely suffering from a(n):
answer
major depressive disorder.
question
Billy has an identical twin who was recently diagnosed with bipolar disorder. Research suggests that the chances are __________ that Billy will also suffer from bipolar disorder at some point in his life
answer
7 in 10
question
Bipolar disorder affects women and men in a ratio of
answer
1:1
question
___________ is characterized by moods that alternate between the hopelessness and lethargy of depression and the euphoric, hyperactive state of mania
answer
Bipolar disorder
question
Seventy-five-year-old Walter lost his wife to a heart attack two years ago and most of his friends have passed on. His children live in other states and he has no pets. In terms of risk factors for suicide, Walter
answer
is MORE likely to attempt suicide, because the suicide rate surges among older men
question
Thirty-seven-year-old Steven has suffered with depression all his life. He has been in treatment for the last week and a half. He is starting to feel better, but he is tired of living this way and doesn't want to face another depressive episode. In terms of risk factors for suicide, Steven:
answer
is MORE likely to attempt suicide, because his energy and initiative are rebounding.
question
Amanda blames herself for her recent job loss. Her therapist suggests that her depression results from this self-blame, rather than blame of the slumping economy. Her therapist's suggestion best illustrates a:
answer
social-cognitive perspective
20th Century
Around The World
Credit Card Debt
Good Communication Skills
Linguistics
Send And Receive
Top Down Approach
SOBA 205 Midterm – Flashcards 59 terms

Sarah Adrian
59 terms
Preview
SOBA 205 Midterm – Flashcards
question
The channel of communication that has the highest level of nonverbal "richness" is
answer
face to face communication
question
You should choose written communication in preference to other channels when
answer
you want to ponder each word before you send it out, to decrease your chance of making errors.
question
Which of the following is NOT a guideline for voice mail etiquette?
answer
Leave a message that contains as much detail as possible so the receiver won't have to call you back for clarification.
question
Egotism is an example of _________________ that interferes with effective communication.
answer
psychological noise
question
The role of the receiver is to
answer
attach meaning to words they hear
question
The activity of selecting words and/or nonverbals to express your ideas is known as
answer
encoding
question
Networking refers to
answer
developing contacts to gain career information and to help others in their careers.
question
According to the HBR Guide to Business Writing, you're a professional writer if you're in business, and you're writing ___________.
answer
Emails Proposals Reports
question
According to HBR, before you begin writing, you should first consider _________ and _____________.
answer
purpose and audience
question
According to HBR, which of the following is NOT true about all business audiences:
answer
They have a sense of duty to read what you put before them.
question
Jeremiah wears torn blue jeans, sandals, and a muscle shirt to his interview for a job as a computer technician. A large tattoo is clearly visible on his neck. We can conclude that
answer
if the interviewer is negatively impressed by Jeremiah's appearance, he is likely to attribute additional negative characteristics to Jeremiah.
question
All of the following are true about body movement except:
answer
When communicating, we usually pay more attention to our hand movements than to our facial expressions.
question
A specialized technical form of vocabulary that allows professionals to communicate about issues important to their field is referred to as
answer
jargon
question
You can demonstrate proper cubicle etiquette by
answer
asking permission before you enter other employees' workspace.
question
All of the following are politeness rules for those who share cubicles EXCEPT
answer
If you overhear a fellow cube dweller ask a question, shout out an answer.
question
Which of the following is NOT true about the physical environment at work?
answer
The distance that separates people in an organization has little effect on who talks to whom
question
Differences in language use between man and women
answer
don't characterize all men and women.
question
All of the following are examples of negative, rather than positive, language EXCEPT:
answer
What is the due date for the paper?
question
A masculine style often uses ______________ to maintain authority in a conversation.
answer
topic control
question
Robert is an effective supervisor because he has the ability to interpret a number of spoken and unspoken conversational cues. His subordinates in his sales division respect him because he also has the ability to develop strong rapport with each coworker by showing constant support. Which type of communication style is Robert demonstrating when he is showing support?
answer
feminine
question
The conclusion of a presentation should consist of
answer
a review and closing statement.
question
Chronological patterns are useful for
answer
explaining the steps in a process.
question
Ellie's advertising division has been asked to provide a presentation regarding the three major media options they provide: print, television, and Internet. Which of the following would be the most appropriate organizational pattern for this presentation?
answer
topical
question
All of the following are true with regard to continuity EXCEPT:
answer
Avoid "summary" subheads that point your readers to the document's highlights.
question
When using chronology to give a factual account, do all of the following, EXCEPT:
answer
Include all of the necessary and unnecessary dates to help the reader follow the time line
question
Which of the following statements is NOT true about occasion analysis?
answer
Never adapt your remarks to fit the setting.
question
Which of the following is NOT a general goal of a presentation identified in your text?
answer
evaluate
question
Which type of organizational pattern shows that certain events have happened or will happen as a result of a specific set of circumstances?
answer
cause - effect
question
"All medical facilities are designed with three essential parts: the admissions desk, the examining room, and the doctor's office." This thesis statement reflects which type of organizational pattern?
answer
spatial
question
All of the following are benefits of a well-organized speech EXCEPT:
answer
taking more time to get your point across
question
During her presentation to the board of directors, Nadia showed a slide with two graphs, side by side. One graph showed her company's current outcomes. The second graph depicted the outcomes of a similar company that had adopted the GoQuickly Training Program for its employees. Which type of support was Nadia using to make her point more memorable?
answer
comparison
question
All of the following are guidelines for the use of supporting material as "proof" EXCEPT
answer
you can probably achieve your speech goal without citing supporting evidence.
question
computer displays
answer
can show a variety of visuals, including photos, charts, graphs, and video.
question
Supporting material that explains the unfamiliar by comparing it to the familiar is called a(n)
answer
analogy
question
Which of the following is NOT true about using statistics in presentations?
answer
The more statistics you use, the more interesting your speech will be.
question
The comparisons you use as supporting material should possess all of the following characteristics EXCEPT:
answer
Comparisons that stretch a point are recommended for making a concept more vivid.
question
Which types of story can be used to add interest to a presentation?
answer
factual hypothetical fictional
question
All of the following are typical mistakes made by beginners who attempt to use presentation software EXCEPT:
answer
spending so much time on organizing your speech outline that you run out of time to select your favorite design template
question
The leading scientist for research on cancer stated, "I believe that with adequate funding we could have a cure for cancer within the next 10 years." If Heather were to read this sentence out loud during her speech to the medical research board, which of the following forms of verbal support would she be using?
answer
quotation
question
Kio was injured while performing a safety inspection at the chemical plant he worked for and was taken to the emergency room. The doctor asked him a number of questions about his injuries to determine the proper course of action for treatment. According to the text, which of the following types of information-gathering interviews did Kio's doctor perform?
answer
diagnostic
question
During an interview for a new marketing position in the company that she worked for, Sharon's boss asked her a number of questions such as "If you were in the following situation, what would your reaction be?" Which of the following types of question is her boss asking?
answer
hypothetical
question
Which of the following is the responsibility of the interviewee?
answer
Cover your own agenda.
question
Which of the following is NOT one of the suggested reasons for an interviewer to use an open question in an interview?
answer
to maintain control over the conversation
question
Mr. Madaren asks "How many years did you work for your previous employer?" Which type of question is Mr. Madaren using?
answer
factual
question
In most interviews (unlike typical conversations), the ratio of speaking turns is uneven. During a typical interview, the interviewee will do about ______ percent of the talking.
answer
70
question
Reasons for using probes include all of the following EXCEPT:
answer
demonstrating authority.
question
Chinda has been invited to a job interview that will be conducted in a behavioral format. She is changing career fields, so she has little specific work experience relevant to the position she is applying for. What should she do?
answer
Think of ways to explain how her prior accomplishments are relevant to the job she is seeking
question
Which of the following is true about the interaction that occurs during a formal interview?
answer
At least one person has a serious, predetermined reason for participating.
question
Which of the following is recommended as an effective method for getting in touch with a person you want to interview, even if they are well guarded by a gatekeeper?
answer
Ask the gatekeeper to help you.
question
it is generally not effective to __________ while presenting your speech.
answer
constantly pace back and forth.
question
Which is NOT true about disfluencies?
answer
Your audience will notice each disfluency, even if you speak only one or two of them.
question
Hua was giving a presentation to a group of investors using a delivery style that did not allow him to connect very well with his audience. Hua read from his notes and rarely looked up at the audience. His sentences were long and complex. What method of delivery did Hua use for his presentation?
answer
manuscript
question
Which of the following is true about the use of an extemporaneous delivery style during a presentation?
answer
To the audience, it often seems as if it is effortless.
question
To conclude your speech effectively,
answer
drop the pitch of your voice to signal you've finished your remarks.
question
Which of the following characterizes an oral speaking style?
answer
personal pronouns
question
Corinne is planning to give a presentation to a group of investors concerning her company's new line of paper products. She wants to carefully control the order in which she reveals information during her presentation. When would the best time be for her to answer questions from the audience?
answer
after the presentation
question
An interactive presentation
answer
is common in sales settings.
question
All of the following are guidelines for delivering an impromptu presentation EXCEPT:
answer
don't ramble.
question
Sitting instead of standing if you are presenting to a small group will help you
answer
seem conversational
Buying And Selling
Credit Card Debt
Fine Arts
Goods And Services
Marketing
Principles Of Marketing
The Environment
Marketing Chapter 3 Pearson Quiz – Flashcards 22 terms

Carol Rushing
22 terms
Preview
Marketing Chapter 3 Pearson Quiz – Flashcards
question
Among the generational groups in U.S​ population, the​ ________ are still the wealthiest generation in U.S. history
answer
baby boomers
question
A critical element of microenvironmental scanning is​ ________, which is the study of human populations in terms of​ size, density,​ location, age,​ gender, race,​ occupation, and other statistics. This portion of the environment is of major interest to marketers because it involves people who make up markets.
answer
demography
question
Marketers target Generation Z because they​ ________.
answer
spent an estimated​ $43 billion annually of their own money
question
Which of the following is a trend that depicts the increasingly nontraditional nature of​ today's American​ families?
answer
the low percentage of married couples with children
question
Where has lost population in the past two​ decades?
answer
the Northeast states
question
To exercise their social responsibility and build more positive​ images, many companies are now building efforts in the area of​ ________ marketing, linking themselves to​ respectable, socially minded organizations and​ ideas, which firms increasingly use as a form of corporate giving.
answer
cause-related
question
Which of the following situations is expected to enhance the use of targeted advertising messages by​ marketers?
answer
increase in ethnic populations
question
Some companies hire lobbyists to influence legislation affecting their industries and stage media events to gain favorable press coverage. These firms will often run​ ________, which are ads expressing editorial points of view.
answer
advertorials
question
Santana​ Automobile's Arrow is the first​ mass-produced hybrid​ vehicle, known for its fuel efficiency and environmental friendliness. The Arrow is most likely to become popular in the​ ________ market.
answer
LOHAS
question
Rather than assuming that strategic options are bounded by the current​ environment, firms adopting​ a(n) ________ to the marketing environment develop strategies to change the environment.
answer
proactive stance
question
Which of the following generations is the most educated to​ date?
answer
Generation X
question
Which of the following generational groups is most comfortable with digital technology and embraces that​ technology?
answer
Millennials
question
In the context of geographical shifts in​ population, the migration toward​ ________ areas has resulted in a rapid increase in the number of people who telecommute
answer
micropolitan
question
This ethnic segment of the American market comprises roughly​ 5% of the total population.​ _____________ are consistently more confident about their financial situations than other segments and are more likely to live within their means. They tend to avoid credit card debt and save more for future eventualities.
answer
Asian Americans
question
The​ ________ environment offers marketers many opportunities in one of the most dramatic ways —it affects such wonders as​ antibiotics, robotic​ surgery, miniaturized​ electronics, smartphones, and the Internet.
answer
technological
question
Marketing intermediaries help the company​ promote, sell, and distribute its products to final buyers.​ _________ are not marketing intermediaries.
answer
suppliers
question
By​ 2050, ________ will be an estimated 15 percent of the U.S. population.
answer
African Americans
question
A​ society's ________ are expressed in how people view themselves and​ others, organizations,​ society, nature, and the universe.
answer
demographics
question
The past two decades have seen a sharp decrease in​ ________ America's business and political organizations and​ institutions, and marketing managers need to be aware of changing beliefs about firms and organizations when developing marketing mixes.
answer
confidence in and loyalty toward
question
Marketers should understand that​ people's core beliefs and values tend to be​ ________.
answer
fixed
question
The fact that people are dropping out of organized religion​ doesn't mean that they are abandoning their faith. Some futurists have noted a renewed interest in​ ________, perhaps as a part of a broader search for a new inner purpose.
answer
spirituality
question
Which of the following is most likely influenced by​ marketers?
answer
media
Conceptual Framework For Financial Reporting
Credit Card Debt
Finance
Financial Institutions And Markets
Real Time Processing
IBF True/False Questions – Flashcards 39 terms

Jill Lopez
39 terms
Preview
IBF True/False Questions – Flashcards
question
The structure of any financial system can be classified into one main category, that is the financial market.
answer
False, it is also known as capital markets.
question
Al-Ijarah Thumma Al-Bay is a leasing (Ijarah) contract with a condition to sell (bay')
answer
False. No condition to sell, it must be a promise.
question
In a Musharakah agreement, the distribution of profits and losses but be done strictly according to capital contribution ratios.
answer
False. It is not based on capital contributions.
question
Bank has discretion to provide gifts or bonuses either in cash or in kind to the Wadi'ah Yad Dhamanah and Mudharabah depositors.
answer
False. In Mudharabah it is profit and loss sharing, no gifts or bonuses are given.
question
In Musharakah contract, profit and loss are being determined at the conclusion of the contract based on any mutually agreed ratio.
answer
False. The agreement of the contract, not the conclusion.
question
Bank ABC indicates a rate of potential profit to be given to General Investment Account Holder, but clearly states that it is only "indicative rate" and may change according to actual profit made. This practice is totally Shariah compliant.
answer
True.
question
In applying Murabahah as a mode of financing, many Islamic banks adopt the conventional interest rate as a benchmark in determining their profit rates. This practice is Shariah compliant.
answer
True. As long as contract elements are sharia compliant
question
Under the concept of diminishing partnership in home ownership home buyer and the bank jointly acquire and own the property. The bank leases the bank's share of the property to the home on the basis of ijarah.
answer
True. The Bank does lease its share of the property on the home based off of Ijarah.
question
Prohibited elements such as riba and maysir (gambling) are absent in takaful. However, the element of gharar is still present in the takaful contract.
answer
True. But tolerated in unilateral charitable contracts.
question
The main purpose of a sale and leaseback arrangement is to finance the purchase of a specific asset or property.
answer
False. To get cash
question
Bay' Bithamin Ajil (BBA) floating rate implies that both ceiling profit rate and effective profit rate are adjustable to the actual market rate.
answer
False. Only effective profit rate reflects market rate.
question
From the fiqh perspective, for the financing of the purchase of houses under construction, the contract of Istisna'a is more suitable than the contract of bay' Bithaman Ajil (BBA).
answer
True.
question
In principle, Murabahah financing is to enable customers to get funds to purchase assets, as well as to pay wages and salaries, overheads, maintenance expenses and other working capital related costs.
answer
False. Only commodities and assets.
question
Debit card functions the same way as credit card, except that for debit card, the cardholder is only allowed to charge up to actual amount of cash held in account.
answer
True.
question
Under Wadi'ah yad dhamanah contract deposited property must be kept separately. There is no pooling of funds.
answer
False. deposits need not be segregated
question
In Al Rahn, the source of profit for the Murtahin is the service or administrative fees for the Qardhul Hassan (benevolent loan).
answer
False. Custodial fee/Storage costs
question
In Ijarah contract, the lessor is allowed to review the rent at specified intervals, particularly for long term leases.
answer
True. As long as it states in contract mutually agree
question
In Murabahah contract, the cost and mark-up prices need not necessarily be disclosed.
answer
False. Have to disclose the cost and the profit mark up.
question
Participation in the stock market is similar to gambling (Maysir) therefore Muslims should avoid the buying and selling of shares.
answer
False. Shares are not gambling, investing is shariah compliant.
question
In a Mudarabah Investment account, the bank does provide a guarantee that the deposited (invested) funds will be completely safe (that is the bank does provide capital protection).
answer
False. Contractually the deposited amount is not guaranteed (no capital protection).
question
The Shariah prohibition of Riba implies that Islam does not recognize any time value of money.
answer
False. Shariah does recognize TVM (Time Value Money). Time is a valuable economic resource.
question
Expertise and skill in equity investment and management is not an important issue for Mudharabah/Musharakah financing.
answer
True. All partners have the right to participate in the business or trade no matter their qualification. However, it should be taken into consideration the skill sets of each individual participating in the business.
question
Islamic bank are allowed to provide a rebate in case of early repayment in Bay' Bithaman Ajil (BBA) contract.
answer
True. In a BBA floating rate financing banks are granted to give rebates for early settlement or redemption.
question
In Al-Rahnu, the Murtahin is allowed to use the pledged asset in the event that the pledger does not re-pay the Qardhul Hassan loan within the agreed time period.
answer
False. Can auction assets
question
Juristic differences on Bay-Al 'Inah issue on credit cards centers on the issue of early settlement.
answer
False. Acceptability as sale
question
The usage of Islamic credit card should be encouraged, since it fulfills all the Shariah requirements and it facilities the payment of goods and services.
answer
False. Unresolved fiqh issues. Islamic perspective on debts.
question
One of the key features under the Mudarabah contract is that in the event of loss, both the Rabbal-mal and the Mudarib must bear the capital loss.
answer
False. Only Rabbal-mal bears the loss
question
In a pure Wakalah model of Takaful some part of the underwriting surplus is given to the operator. However, the underwriting loss if any has to be borne by the participants only.
answer
False. It is given to the operator depending on performance.
question
In a Salam contract both the price and delivery of goods are postponed to a future date.
answer
False. In a Salam contract the price is paid in advance and delivery of goods is at a future date.
question
In Murabahah contract, the cost and mark-up prices need not necessarily be disclosed
answer
False. In Murabahah contract is a contract of sale where the seller discloses to buyer actual cost of the commodity and the profit margin added.
question
Under Musharakah/Mutanaqisah arrangement financier and customer participate in joint ownership of property or commercial enterprise with the objective of permanently owning and managing the enterprise together.
answer
False. Diminishing partnership.
question
In Al Rahnu the source of profit for the Murtahin is the service or administrative fees for the Qardhul Hassan (benevolent loan).
answer
False. The source of profit for the Murtahin is the storage costs.
question
The use of conventional interest rates as the benchmark to determine the profit rate in a Murabahah financing arrangement does not make that Murabahah contract invalid.
answer
True. As long as the Murabahah contract is Shariah compliant and agreed by both parties it remains valid.
question
In Itisna' contract the required materials can be purchased by either the manufacturer or the purchaser.
answer
False. Materials are only to be bought by the manufacturer, not the purchaser.
question
In Wakalah model of Islamic credit card, bank earns profit from mark up on deferred sale
answer
True.
question
In Al-Rahnu the Murtahin is allowed to use pledged asset in event that pledger doesn't pay the benevolent loan within agreed time.
answer
False? Can auction asset.
question
Juristic differences on Bay al-'inah issue on credit cards centers on issue of early settlement.
answer
False. Acceptability as sale, etc.
question
Usage of Islam credit card should be encouraged; since it fulfills all Shariah requirements and facilitates payment of goods and services.
answer
False. Unresolved Fiqh issues, Islam perspective on debt.
question
One of the key features of Mudarabah contract is that in the event of loss both the rabbal-mal and mudarib bear capital loss.
answer
False. Only Rabbal-mal.
Credit Card Bill
Credit Card Debt
Economics
Finance
Personal Finance
Which of the following statements comparing debit cards to credit cards is true? 10 terms

Dennis Jennings
10 terms
Preview
Which of the following statements comparing debit cards to credit cards is true?
question
Which of the following statements comparing debit cards to credit cards is TRUE? • Debit cards allow you to draw funds directly from your checking account. • Debit cards typically offer greater fraud protection than credit cards. • Debit cards never require a signature to finalize a purchase like credit cards. • Debit cards charge higher interest rates on purchases than credit cards.
answer
Debit cards allow you to draw funds directly from your checking account. (correct answer)
question
Do news entities provide only the facts? Why or why not?
answer
d
question
What is the formula of a compound that contains Na+ and PO43- ions?
answer
Na3PO4
question
Why were ancient peoples unable to detect stellar parallax?
answer
They did not have the ability to measure very small angles.
question
The economic perspective entails
answer
a comparison of marginal benefits and marginal costs in decision making
question
Which of the following is not a major pattern of motion in the solar system?
answer
nearly all comets orbit the Sun in the same direction and roughly the same plane
question
The viral infection Hepatitis A can be most effectively controlled if
answer
All food personnel practice personal hygiene, such as thorough hand washing.
question
Which of the following would NOT be a benefit of networking computers?
answer
sharing software licenses
question
Homeo/path/ic literally means
answer
like or same/as disease/ refers
question
Milton Friedman argued that consumers are more likely to alter their behavior based on
answer
long-term changes in the economy.
Architecture
Cosmetology-Licensing
Course(s) In English
Credit Card Debt
Products For Sale
Ch. 10 Technical Drawing 63 terms

Daniel Hardy
63 terms
Preview
Ch. 10 Technical Drawing
question
A(n) __ refers to the way in which something is usually done.
answer
convection
question
The general term used to describe the different projected views is known as __ projection.
answer
axonometric
question
Multi-view drawings are often called __ view drawings.
answer
three
question
A __ is often used on outside intersecting planes by removing material at an angle to one of the planes.
answer
chamfer
question
Oblique pictorials that are drawn at a __ degree angle may be sketched using isometric grid paper.
answer
30
question
Team members can indicate changes by including a dated revision note on the drawing and by issuing an __ notice (ECN).
answer
engineering change
question
__ lines are used to indicate an object's sizes, as well as the sizes and the locations of its features.
answer
Dimension
question
Prior to the development of the computer, drawings were made on vellum using pencil and ink in a process known as __.
answer
drafting
question
Sketches are turned into 3D models by __, a term often used to describe a number of functions, such as extrusion, lofting, revolving, sweeping, and shelling.
answer
features
question
In architecture building design, most units are in __, so a scale of that unit is required to represent the building on paper.
answer
feet
question
___ are explanatory notes on drawings that provide important information to the person reading the drawing.
answer
annotations
question
A(n) ___ projection drawing has one face parallel to the viewing planes.
answer
oblique
question
ISO standards are based on the __ systems.
answer
metric
question
A(n) __ view provides a view of an object as though it were by a saw.
answer
sectional
question
__ surface modeling is a technique that allows the designer to create a "skin" over a component, creating curves in almost any shape desired.
answer
Freeform
question
Though CAD solid modeling programs automatically generate technical drawing views, accurately communicating dimensions and tolerances is still a manuel process conducted by a designer. T or F
answer
True
question
There is no difference between a drawing and a projection. T or F
answer
False
question
The use of programs like AutoCAD increased the amount of time needed for engineers and draftspersons to produce engineering drawings. T or F
answer
False
question
In mulit-view drawings, precisions is very important, so the picture must reflect true scale and proportion of the object drawn. T or F
answer
True
question
Solid modeling is a method that involves mathematically describing solely the interior of an object. T or F
answer
False
question
The arrows on a cutting plane line indicate what part of the object is to be retained. T or F
answer
False
question
the visible lines that outline and detail an object's shape are called object lines. T or F
answer
True
question
Today, many companies develop technical drawings automatically from 3D CAD models. T or F
answer
True
question
Geometry concepts are rare in technical drawings. T or F
answer
False
question
ANSI has established standards for technical drawings. Engineers in the United States,Canada, and several other countries follow these standards. T or F
answer
True
question
What does design work require?
answer
It requires creativity, research, trial, and error and collaboration.
question
What are technical drawings referred to?
answer
Orthographic Multi-view Drawings
question
Orthographic Drawing
answer
is a view looking straight down on an object
question
Multi-view Drawings
answer
are three view drawings (the front, the top, and one side)
question
Isometric Drawing
answer
a three dimensional view
question
Angles
answer
the amount of rotation needed to bring one line of plane into coincidence with another, generally measured in radians or degrees
question
American Design Drafting Association
answer
was created in 1948
question
Convection
answer
the wat in which something is usually done, either by traditions or by established standards
question
ISO
answer
is like the ANSI but standards are formatted in the metric system
question
ANSI
answer
standardizes technical drawings
question
ECN
answer
a document that accompanies a drawing or set of drawing to record or authorize changes to a design
question
Axonometric Projection
answer
Originates from orthographic projection. The three types of projections are isometric, dimetric, and trimetric projection.
question
Isometric
answer
is created when a figure is rotated 45 degrees
question
Oblique Projection Drawing
answer
is a type of drawing involving a combination of a flat, or orthographic front lines receding lines are drawn at half scale, and usually at a 45 degrees
question
Cavalier Projection
answer
uses width, height, and depth measurements
question
Cabinet Projection
answer
scales the depth to one-half of the true distance
question
Third Angle Projection
answer
The orthographic projection arrangement of views. Used in the United States and Canada.
question
Spatial Ability/Spatial Relations
answer
being able to view from a different angle
question
Line Conventions
answer
line rules
question
Object Lines
answer
visible outlining lines
question
Construction Lines
answer
are light weight
question
Hidden Lines
answer
are dashed lines
question
Center Lines
answer
clarifies the center
question
Extension Lines
answer
serves for diameters
question
Pane Line
answer
is located in top view
question
Auxiliary View
answer
is an orthographic view that is used to show the surface
question
Foreshortened
answer
when lines are shortened to give the illusion of extending or projecting into space
question
Projection Lines
answer
extend out from the object ti a two dimensional viewing plane that is parallel to the respective surface
question
Chain Dimensioning
answer
also known as point to point dimensioning where dimensions are established from one point to eh next
question
Datum Dimensioning
answer
is a dimensioning system where each dimension originates from a common surface, plane, or axis. Also known as baseline dimensioning
question
Baseline Dimensioning
answer
a system of in which all dimensions are places from a datum and not from feature to feature
question
Bilateral Tolerance
answer
a tolerance in which variation is permitted in both directions from the specified dimension
question
Unilateral Tolerance
answer
a tolerance in which variation is permitted in only one direction from the specified dimension
question
Limit Dimension
answer
a dimension showing two dimensions stacked on top of each other. The value represents the upper dimensional limit, and the value the bottom represents the lower dimensional limit
question
Parametric Modelings
answer
a CAD modeling method where each feature, such as a length of a side or radius of a filet, sues a parameter to define the size and geometry of that feature and to create relationships between features
question
Parameters
answer
a quantity that is fixed for the case in question but may vary in other cases
question
Feature-Based Modelings
answer
a characteristic of a CAD program where solid models are constructed from geometric feature, such as holes filets, shells, and lofts instead of unions mathematical geometric entities such as spheres, cylinders, and cubes
question
Freeform Surface Modeling
answer
a technique that allows the designer to create a "skin" over a component, creating curves in almost and shape desired
Credit Card Debt
International Trade
Assignment: Video Quiz: College Tuition in Texas 5 terms

Robert Carter
5 terms
Preview
Assignment: Video Quiz: College Tuition in Texas
question
What does Governor Perry indicate is an added advantage for both students and universities in freezing tuition rates for four-year periods? a. boosts youth employment rates post-graduation b. eliminates need for student loan programs c. allows university to admit more students d. provides incentive to graduate on time e. better uses technology and resources
answer
Assignment: Video Quiz: College Tuition in Texas
question
Why are college tuition rates a public issue in the state of Texas? a. Tuition rates have risen about 55% in the last decade. b. More students are interested in attending college in the state of Texas. c. Higher education is fully funded by the state of Texas for its residents. d. Texas does not currently provide any funding to public universities. e. Universities are closing their doors because student applications are down.
answer
a. Tuition rates have risen about 55% in the last decade
question
How does the governor plan to entice universities to participate in his tuition-freezing plan? a. eliminate state funding for noncompliance b. provide budget incentives tied to graduation rates c. obtain corporate sponsorship to fund infrastructure needs d. provide land grants for university expansions e. establish bonus programs for university faculty
answer
b. provide budget incentives tied to graduation rates
question
The issue of whether race should be considered a factor in public university admissions is ultimately a matter to be decided by a. state legislatures. b. university presidents. c. the U.S. Supreme Court. d. the governor. e. local courts.
answer
c. the U.S. Supreme Court.
question
According to the interviewer, college debt is now, on average, outpacing a. state tax debt. b. mortgage debt. c. federal income tax debt. d. credit card debt. e. car loan debt
answer
d. credit card debt
Behavior
Beliefs
Change Your Mind
Credit Card Debt
Emotions
Personality
Personal Growth 120: Chapter 6 – Gaining Self-Awareness Practice Quiz 30 terms

Suzette Hendon
30 terms
Preview
Personal Growth 120: Chapter 6 – Gaining Self-Awareness Practice Quiz
question
Leverrier predicted that an invisible planet was pulling the planet Uranus off its predicted course around the sun. Likewise, human beings are pulled off course by the invisible forces of their _____.
answer
Unconscious minds
question
Many people sabotage their goals and dreams by unconsciously choosing actions, thoughts, and/or emotions that get them off course from their goals and dreams. (T/F)
answer
True
question
When Creators are off course, they tend to deny it, make excuses, blame others, or give up. (T/F)
answer
False
question
One characteristic of Creators is they are able to recognize and acknowledge when they are off course. (T/F)
answer
True
question
The story of Jerome, the accounting student, illustrates that once a person has a clear goal he will not get off course. (T/F)
answer
False
question
Eric Berne, the creator of a mode of counseling called Transactional Analysis, referred to our invisible inner forces as . . .
answer
Scripts
question
As part of our script, each of us has developed three kinds of habit patterns: behaviors, thoughts, and emotions. (T/F)
answer
True
question
Our habit patterns are motivated by our unconscious core _____.
answer
Beliefs
question
We seem to create our scripts as a result of . . .
answer
a. How others responded to us b. What significant adults said to us c. Observing the behavior of significant adults in our lives
question
The purpose of our scripts is to maximize our pain and minimize our pleasure. (T/F)
answer
False (The opposite is true)
question
Diana, the student in the author's writing course, had a script from her childhood that said her brain didn't work well. (T/F)
answer
True
question
When our core beliefs about ourselves, about other people, or about the world are inaccurate, they can sabotage our success. (T/F)
answer
True
question
Diana's core beliefs about her inability to think caused her to hear what she expected to hear rather than what her teacher actually said. (T/F)
answer
True
question
Although it is not easy, human beings can revise their limiting beliefs and change their self-defeating habit patterns. (T/F)
answer
True
question
The parts of our scripts that are available to our conscious minds are our patterns of self-defeating actions, thoughts, and emotions. By revising these three patterns we can help revise our limiting core _____.
answer
Beliefs
question
Hard skills are the special-knowledge skills that you've learned to do throughout your life: for example, swimming, writing, solving math problems, building a house, creating a budget, backpacking, playing chess, and reading. (T/F)
answer
True
question
Soft skills are the ones you have developed to cope with life: for example, making choices as a Creator, motivating yourself, being industrious, developing relationships, and believing in yourself. (T/F)
answer
True
question
The Holland Code is an inventory of personal preferences that can assist you in understanding your outdated scripts. (T/F)
answer
False
question
If you have not yet declared a major, where can you go on campus to take one of the inventories recommended in On Course?
answer
The Career Center
question
Becoming aware of the match between _____ improves your chances of finding a satisfying career match.
answer
Your interests and your personality
question
According to psychologist Virginia Satir, we are all living by rules, though we may not be aware of them. (T/F)
answer
True
question
All of the unconscious rules that we live by need to be revised. (T/F)
answer
False (some of our unconscious rules are helpful)
question
The author of On Course has polled thousands of college instructors who identify three behaviors that their most successful students do consistently. Which of the following is NOT one of these top three behaviors of successful students (though it may be a good rule nonetheless)?
answer
Seek help from tutors However, three success rules you should observe: Rule 1: I show up Rule 2: I do my best work Rule 3: I participate actively
question
At Baltimore City Community College, a study found that, on average, the more classes that students missed, the higher their grades were, especially in introductory courses. (T/F)
answer
False
question
A personal rule is your conscious intention. You may need to break one of your rules if something of a higher _____ conflicts with it.
answer
Value
question
Three factors determine how well you score on tests: preparation, test-taking skills, and prior feedback. (T/F)
answer
True
question
Test scores are not a good way of determining if you are off course. (T/F)
answer
False
question
Visualizing yourself successfully taking a test prepares you to think, feel, and act positively during that test. (T/F)
answer
True
question
It's a good idea to forgo a full night's sleep before a test and use every available minute for preparation. (T/F)
answer
False
question
Before you begin answering questions on a test, take a few minutes to preview it. (T/F)
answer
True
Credit Card Debt
Money Market Deposit Account
Money Market Mutual Fund
Mutual Savings Banks
Personal Finance
Personal Finance–Ch. 5 – Flashcards 74 terms

Blake Terry
74 terms
Preview
Personal Finance–Ch. 5 – Flashcards
question
Monetary Asset (cash) Management
answer
Encompasses how you handle all of your monetary assets, including cash on hand, checking accounts, savings accounts, money market accounts, and other short-term investment vehicles, and longer-term savings instruments.
question
Liquidity
answer
Refers to the speed and ease with which as asset can be converted to cash.
question
Safety
answer
Freedom from financial risk
question
Cash Equivalents
answer
Funds are called this because they retain a constant or nearly constant value and because they have regular liquidity.
question
Financial Services Industry
answer
Providers of monetary asset management services are collectively referred to as this.
question
Depository Institutions
answer
Are organizations licensed to take deposits from and make loans to consumers, firms, or governments. They all can offer some form of government account insurance on their customer's deposits and are government regulated. They offer a wide range of financial services.
question
Commercial Banks
answer
Are corporations chartered under federal and state regulations. They offer numerous consumer services, such as checking, savings, loans, safe-deposit boxes, investment services, financial counseling, and automatic payment of bills.
question
Bank Insurance Fund (BIF) of the Federal Deposit Insurance Corporation (FDIC)
answer
An agency of the federal government which insures state-chartered bank's customers' accounts.
question
Savings and Loan Association (S)
answer
Focus primarily on accepting savings and providing mortgage and consumer loans. They offer checking services through interest earning NOW accounts.
question
Mutual Savings Bank (MSB)
answer
Is similar to an S in that it also accepts deposits and makes housing and consumer loans. These banks are legally permitted in only 17 states, primarily those in the eastern U.S. The depositors own the institution and share in the earnings.
question
Credit Union (CU)
answer
A not-for-profit cooperative venture that pools the deposits of its member owners, which are then invested or lent to those member owners. The members of these all share some common bond, such as the same employer, church, union, or federal association.
question
National Credit Union Share Insurance Fund (NCUSIF)
answer
Provides the same safety as deposits insured by the FDIC, except for credit unions.
question
National Credit Union Administration (NCUA)
answer
Administers the National Credit Union Share Insurance Fund (NCUSIF).
question
Deposit Insurance
answer
Deposits in depository institutions are insured against loss of both the amount of deposit and the accrued interest by various insurance funds.
question
Mutual Fund
answer
An investment company that raises money by selling shares to the public and then invests that money in a diversified portfolio of investments.
question
Stock Brokerage Firm
answer
A licensed financial institution that specializes in selling and buying stocks, bonds, and other investment alternatives. Such firms provide advice and assistance to investors and earn commissions based on the buy and sell orders that they process for their clients.
question
Electronic Banking
answer
Occurs whenever banking transactions are conducted via computers without the customer using paper documents or having face-to-face contact with financial services personnel.
question
Electronic Funds Transfers (ETFs)
answer
Funds are shifted electronically (rather than by check or cash) among various bank accounts.
question
Automated Teller Machine (ATM)
answer
Sometimes called a cash machine.
question
Automated Teller Machine (ATM)
answer
A computer terminal located on the premises of a financial institution or elsewhere through which customers may make deposits (usually restricted to your own bank's ATMs), make withdrawals, and complete other financial transactions just as they would through a human bank teller.
question
Point-of-Sale (POS) Terminal
answer
Computer terminal located at a store or other merchant location that allows the customer to make purchases electronically via a debit card or credit card.
question
Debit (or Check) Card
answer
A plastic card that provides instant access to your checking account; it is issued by the financial institution where the user maintains his or her checking account.
question
Smart Cards and Stored-Value Cards
answer
Plastic payment devices that use built-in computer chips or magnetic strips to store data and handle payment functions.
question
Electronic Benefits Transfer (EBT)
answer
Directs cash benefits to recipients using smart cards as the delivery mode. Recipients may include individuals who do not have bank accounts and those who do not receive their benefits by direct deposit. An organization "puts" a certain amount of money or credit on the plastic card, which is then used by the recipient to make purchases at POS terminals or to obtain cash from ATMs.
question
Disclosure Statement
answer
When you sign up for electronic banking services, the depository institution must inform you of your rights and responsibilities in one of these in written form.
question
Periodic Statement
answer
General protection of a customer's account takes the form of this sent by the financial institution that shows all electronic transfers to and from the account, fees charged, and opening and closing balances.
question
Card Registration Service
answer
Some firms sell this that will notify all companies where you have debit and credit cards in the event of loss. For $15 to $50 per year, you need to make only one telephone call to report all call losses.
question
Checking Account
answer
At a depository institutions allows you to write checks against amounts you have on deposit, thereby transferring your deposited funds to other people and organizations.
question
Check Register
answer
Where a written record of each check may be recorded.
question
Negotiable Instrument
answer
An unconditional written promise to pay a specified sum of money as of a specific date to a specified payee or bearer.
question
Demand Deposits
answer
Traditional checking accounts at commercial banks are technically known as this.
question
Lifeline Banking Account
answer
Offers access to certain minimal financial services that every consumer needs--regardless of income--to function in our society. An application's income and net worth determine acceptance.
question
Interest Earning Checking Account
answer
Simply a checking account that pays interest to the depositor.
question
Negotiable Order of Withdrawal (NOW) Account
answer
This checking account earns interest or dividends as long as minimum balance requirements are satisfied. This can be described as an interest earning checking account.
question
Share Draft Account
answer
The credit union version of a NOW account. Its name arises because members of the credit union actually own the organization and their deposits are called shares.
question
Tiered Interest Rate
answer
The combination of a base rate and a higher rate.
question
Minimum-Balance Account
answer
The customer must keep a certain amount in the account throughout a specified time period (usually a month or a quarter) to avoid a flat service charge (usually $5 to $15).
question
Average-Balance Account
answer
A service fee is assessed only if the average daily balance of funds in the account drops below a certain level during the specified time period.
question
Stop-payment Order
answer
Tells your bank not to honor a check when it's presented for payment.
question
Savings Account
answer
Simply consists of current income that is not spent on consumption. Provides you with readily accessible sources of emergency cash and a temporary holding place for funds in excess of those needed for daily living expenses.
question
Time Deposits
answer
Are savings expected to remain on deposit in a financial institution for an extended period.
question
Fixed-Time Deposits
answer
Specify a period that the savings must be left on deposit, such as six months or three years; certificates of deposit fit this description.
question
Statement Savings Account
answer
Using this account allows frequent deposits or withdrawals of funds. No fees are assessed as long as a low minimum balance is maintained. Holders of these are provided with printed receipts to document their account transactions, and transactions usually can be accessed via ATMs.
question
Endorsement
answer
The process of writing on the back of a check to legally transfer its ownership, usually in return for the cash amount indicated on the face of the check.
question
Blank Endorsement
answer
Contains only the payee's signature on the back. Such a check immediately becomes a bearer instrument. It is wise to never do this to a check.
question
Bearer Instrument
answer
Meaning that anyone who attempts to cash it very likely will be allowed to do so, even if the check has been lost or stolen.
question
Special Endorsement
answer
Can be used to limit who can cash a check; to make this kind of endorsement, you write the phrase "Pay to the Order of [name]" on the back along with your signature. Can be used to sign a check over to another person.
question
Restrictive Endorsement
answer
Uses the phrase "For Deposit Only," written on the back along with a signature. It authorizes the financial institution to accept the check only as a deposit to an account. No one else can cash such a check.
question
Automatic Funds Transfer Agreement
answer
The amount necessary to cover a bad check will be transmitted from your savings account to your checking account, as long as you keep sufficient funds in your account.
question
Automatic Overdraft Loan Agreement
answer
The needed funds will be automatically loaned to you by your bank or charged to your Visa or MasterCard account.
question
Bounce Protection Agreement
answer
The bank will honor checks written against insufficient funds up to a certain limit, such as $1,000. In return, the customer must pay a $20 to $30 fee for each overdraft check and has one week to repay the funds.
question
Account Reconciliation
answer
You compare your records with your banks records, checking the accuracy of both sets of records and identifying any errors. The best time to do so is when you receive your monthly account statement from your bank.
question
Traveler's Checks
answer
Are issued by large financial institutions and sold through various outlets. They are accepted almost everywhere.
question
Money Order
answer
A checking instrument bought for a particular amount. Usually written for relatively small amounts, and the fee charged is based on the amount of the order.
question
Annual Percentage Yield (APY)
answer
Is a percentage based on the total interest that would be received on a $100 deposit for a 365-day period given the institution's annual rate of simple interest and frequency of compounding.
question
Grace Period
answer
The period during which deposits or withdrawals can be made and still earn the same interest as other savings from a day of the given interest period.
question
Money Market Account
answer
Any of a variety of interest-earning accounts that pay relatively high interest rates (compared with regular savings accounts) and offer some limited check-writing privileges.
question
Super NOW Account
answer
Government-insured money market account offered through depository institutions; it takes the form of a high-interest NOW account with limited checking privileges. The initial minimum deposit typically ranges from $1,000 to $2,500. If the average balance falls below a specified amount (such as $1,000), the account reverts to earning interest at the lower rate offered on a regular NOW checking account.
question
Money Market Deposit Account (MMDA)
answer
Also a government-insured money market account offered through a depository institution. It has minimum balance requirements and tiered interest rates that vary with the size of the account balance. Institutions are allowed to establish fees for transactions and account maintenance, and account holders typically are limited to 3 to 6 transactions each month. Generally pay higher interest rates than super NOW accounts.
question
Money Market Mutual Fund (MMMF)
answer
A money market account in a mutual fund investment company (rather than a depository institution). It pools the cash of thousands of investors and earns a relatively safe and high return by buying debts with very short-term maturities (always less than one year). Interest is calculated daily, and an investor can withdrawal funds at any time. These typically pay the highest rate of return that can be earned on a daily basis by small investors.
question
Asset Management Account (AMA)
answer
Also known as an all-in-one account.
question
Asset Management Account (AMA)
answer
Is a multiple-purpose, coordinated package that gathers most of the customer's monetary asset management vehicles into a unified account and reports them on a single monthly statement.
question
Asset Management Account (AMA)
answer
Also known as central asset accounts.
question
Certificate of Deposit (CD)
answer
An interest-earning savings instrument purchased for a fixed period of time. The required deposit amounts range from $100 to $100,000, while the time periods range from seven days to eight years. The interest rate enforced when the CD is purchased typically remains fixed for the entire term of the deposit. Insured through the FDIC or NCUSIF (if thru CU).
question
Variable-rate Certificates of Deposit
answer
These instruments pay an interest rate that is adjusted (up or down) periodically. Typically, savers are allowed to "lock in," or fix, the rate at any point before their CDs mature. Of course, this variability detracts from the main virtue of the fixed-rate CD; predictability.
question
Bump-up CDs
answer
Allow savers to bump up the interest rate once to a higher market rate, if available, and to add up to 100% of the initial deposit whenever desired.
question
Brokered Certificates of Deposit
answer
Stock brokerage firms often buy CDs in volume to resell to individuals.
question
Series EE Savings Bonds
answer
U.S. government savings instruments, available in denominations ranging from $25 to $10,000, that are purchased for 50% of their face value. Thus, one of these would be purchased for $50 and redeemed at maturity for $100. an example of a discount bond.
question
Discount Bond
answer
A bond sold at less than its face value.
question
Series I Savings Bond
answer
A variation of the Series EE bond; are not discount bonds, but instead are bought at face value. A fixed interest rate is set when the bond is purchased. An inflation rate is then added that is tied to the changes in the Consumer Price Index (CPI) rather than to the average rate for Treasury security issues.
question
Treasury Inflation-Protected Securities (TIPS)
answer
Are similar to savings bonds. They are the only treasury security whose value increases as inflation occurs, so they guarantee that the investor's return will outpace inflation. The principle is adjusted every six months according to the rise and fall of the Consumer Price Index (CPI).
question
Truth in Savings Act of 1991
answer
States that the annual percentage yield will be based on a 365 day year basis and that the frequency of compounding will be expressed as a percentage.
question
Availability Float
answer
Results from an individual or firm not being granted immediate availability on all deposited items.
question
Average Daily Float
answer
average dollar amount of checks or drafts in the process of collection, and not credited to the account as collected funds or available funds.
Credit Card Debt
Economics
Finance
WISE: Money Management – Flashcards 42 terms

Jazzlyn Howe
42 terms
Preview
WISE: Money Management – Flashcards
question
One of the benefits of holding an investment for over a year rather than selling it in less than a year is that the
answer
capital gains on the investment will be taxed at a lower rate
question
A man budgeted $200 a month for clothing. This month the man spent $150 on clothing therefore that budget item is considered to have
answer
a budget variance
question
A person's debt ratio shows the relationship between debt and net worth. The lower the ratio the
answer
better off financially the person is.
question
A person complains about how expensive it is to be a cigarette smoker. One of the reasons cigarettes are so expensive is that
answer
the government imposes an excise tax on them.
question
Spreading one's assets across several types of saving and investment products to manage risk is called:
answer
Diversification
question
Expenditures that remain constant from one time period to another are:
answer
Fixed expenses
question
Jane saw a breakfast cereal being advertised on TV and insisted that her mother purchase this cereal. This is an example of advertising's:
answer
power of persuasion in creating demand
question
In terms of retirement income, a person should realize that the amount of money the person will receive from the Social Security System?s benefits depends on the person?s
answer
earnings over a lifetime of work.
question
In addition to monthly mortgage payments, each year a homeowner can expect to pay
answer
property taxes
question
A good example of a well-stated financial goal is:
answer
Pay off $5,000 in credit card debt in two years
question
The term that best describes money left over after paying taxes, fixed and other essential living expenses, is:
answer
Disposable income
question
John's company will match his pre-tax contributions to the company's retirement plan, known as:
answer
A 401(k)
question
A stock broker or financial consultant:
answer
Gives financial advice to clients
question
What does a well designed, successful financial plan include?
answer
Retirement planning
question
I find myself using my credit card to cover the cost of food or rent because I'm regularly short on cash at the end of each month. The best thing to do is:
answer
Make a budget and consider ways to reduce expenses or increase income.
question
Another term for the dollar amount of your paycheck after taxes and other withholdings is:
answer
Net income
question
Financial plans need to:
answer
be changed during different stages in life
question
In terms of their finances, when a couple has a baby, they will
answer
receive an additional tax exemption because of the baby.
question
Financial planning is important because it helps you to:
answer
reach financial goals and protect your assets
question
An important consideration when saving money for emergencies is:
answer
high degree of safety and liquidity
question
Discretionary income is:
answer
The difference between your total income and your essential living expenses
question
Which of the following careers would be a possible choice for someone interested in money and finance?
answer
Banker
question
Financial planning helps individuals to:
answer
have strategies for saving and investing
question
Goals
answer
Need to be realistic, have a target date, and, if possible, an associated cost
question
Which of the following will help you the least in managing your money?
answer
get advice from your friends
question
Which of the following is necessary for successful budgeting?
answer
The ability to adjust spending to money available
question
In creating her budget, Ann realizes that her expenses exceed her income. Ann should immediately try to:
answer
reduce or eliminate some expenses
question
When deciding between two job offers with a similar salary offer, a person should first consider:
answer
Retirement and health plans
question
You want to gain control over your income and spending so that you will be able to save money. Which step will help you the most?
answer
developing a budget
question
Our values are:
answer
the basic principles that guide our actions and beliefs
question
A well stated financial goal is:
answer
Realistic with a target date
question
Rossi has a part time job delivering pizzas to raise money for college in two years. Going to college is one of Rossi's:
answer
Goals
question
You can set up an Individual Retirement Account at:
answer
A bank
question
Electricity and food expenditures are:
answer
variable expenses that change from one period to another
question
An example of a fixed expense is:
answer
Apartment rent
question
Can Cathy withdraw money from her IRA savings account?
answer
There is a 10% penalty on any money she takes out before age 59
question
A clear understanding of our personal values will:
answer
enable us to make choices that reflect what is important to us
question
The following is usually considered a variable expense:
answer
electric bill payment
question
Something you are working to achieve within a defined period of time is a(an):
answer
Goal
question
Money set aside to grow is typically called:
answer
savings or investments
question
A term that best describes your gross pay after taxes are deducted is:
answer
take-home pay
question
Julian is a single and recent college graduate who just got his first full-time job. Which of the following should be his first financial goal?
answer
establishing a fund for emergencies