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BUSN 380 Week 4 Quiz Set 3

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1. (TCO 5) Which of the following statements is false?
No one is going to make you save the money; you need to start a
program.
To be useful, investment objectives must be very specific.
Investment goals can be different for each individual.
Because investment objectives deal with the future, it is useful to plan
more than 5 years in the future.
A long-term investment objective involves a time period of 2 years or
less.
Question 2. 2. (TCO 5) Eric Peltz earns $70,000 a year. His monthly
expenses total $3,600. What is the minimum amount of money that
Mr. Peltz should set aside in an emergency fund?