BUSN 380 DEVRY COMPLETE QUIZ PACKAGE
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Question 12. Question : (TCOs 6 and 7) The average life expectancy of a woman at age 65 is<br />
<br />
<br />
<br />
<br />
<br />
9 years.<br />
16 years.<br />
13 years.<br />
11 years.<br />
19 years.<br />
Question 13. Question : (TCOs 6 and 7) If your mortgage is largely or completely paid off, then you may<br />
be eligible for a<br />
<br />
<br />
<br />
<br />
<br />
reverse mortgage annuity.<br />
variable annuity.<br />
mortgage advance.<br />
regional-based annuity.<br />
mortgage package.<br />
Question 14. Question : (TCOs 6 and 7) The of division of pensions in a divorce situation primarily<br />
depends on the _____.<br />
<br />
<br />
<br />
<br />
length of the divorce period<br />
husband’s generosity<br />
length of the marriage<br />
judge’s decision<br />
Question 15. Question : (TCOs 6 and 7) When you retire, which one of the following expenditures is<br />
likely to decrease?<br />
<br />
<br />
<br />
<br />
<br />
Medical expenses<br />
Insurance expenses<br />
Clothing expenses<br />
Expenses for leisure activities<br />
Gifts and contributions<br />
Question 16. Question : (TCOs 6 and 7) Estate planning involves all but which of the following?<br />
<br />
<br />
<br />
<br />
<br />
Managing your property while you are alive<br />
Dealing with what happens to that property after your death.<br />
Your family’s financial security in the event of your death<br />
Your family’s financial security in the event of your spouse’s death<br />
Deciding on working part time into retirement age<br />
Question 17. Question : (TCOs 6 and 7) _____ refers to what Gerald Wilkins has in his possession and<br />
owns, including a home worth $250,000, a car worth $15,000, various investments worth $600,000, and<br />
other personal assets worth $25,000.
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