1. Practicing good financial management while still in college benefits you because: A. Budgets keep you focused and eliminate waste B. You will most likely be earning more money once you complete your education C. Poor credit decisions will haunt you in the future D. All of these 2. Money wasters include: A. Toothpaste B. Groceries C. Rent D. All of these E. None of these 3. When applying for credit, lenders will consider your: A. Capacity B. Collateral C. Character D. All of these E. None of these

1. Practicing good financial management while still in college benefits you because: A. Budgets keep you focused and eliminate waste B. You will most likely be earning more money once you complete your education C. Poor credit decisions will haunt you in the future D. All of these 2. Money wasters include: A. Toothpaste B. Groceries C. Rent D. All of these E. None of these 3. When applying for credit, lenders will consider your: A. Capacity B. Collateral C. Character D. All of these E. None of these

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter2: Developing The Business Idea

Section: Chapter Questions

Problem 6EP

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1. When applying for credit, lenders will consider your: A. Capacity B. Collateral C. Character D. All of these E. None of these 2. The key to good budgeting is: A. Saving B. Cash management C. Investing D. All of these E. None of these 3. If you find yourself in a credit hole: A. Skip making payments until you can afford to pay off your bill B. Make late payments only on your largest debt C. Take out a loan to pay off your debt D. None of these
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