Introduction to Financial Planning 2016

Keir s Introduction to Financial Planning textbook is designed to introduce students to personal financial planning and to develop the concept of comprehensive financial planning where all of the elements of life that are impacted by financial choices come together. Each chapter provides an overview of an area of personal financial planning such as insurance planning, investments planning, or retirement planning. The end of each chapter includes multiple-choice questions to help students test their knowledge and comprehension of the information found in that chapter. If a student does not score a 75 percent or higher for a particular Chapter, the student probably has not mastered the material in accordance with examination standards. A grade of less than 75 percent would suggest the student should, as a minimum, review the detailed answers for every question missed and the related paragraphs in the Chapter. In the preparation of these multiple choice questions, Keir made no attempt to anticipate specific cases or questions that are likely to appear on the final examination for a college course. No one can outguess the class professor. What we have attempted to do is select questions that test a student s understanding of important concepts presented in the study materials.