Finance Final – Easy Geo

Welcome to your Finance Final Final Exam. Click "Next" to continue.

As an agent dealing with financial planners, it is a good idea to have some basic knowledge about different financial products so that the advisers think you know a little about what you are talking about.

True

False

As an agent, why is it important for you to know the basics about some of the financial instruments? (Select all that apply)

It allows you to speak more confidently with people in the finance industry.

It makes it easier for you to connect with people in the finance industry.

You can legally sell stocks and other financial instruments to the heroes.

You can build connections between our heroes and any financial needs they may want from the advisor/broker.

What is the primary difference between a 529 Plan and a 401(k)?

A 401(k) is strictly for educational purposes and the 529 is not.

A 401(k) is only for children and matures when the child is 18 years old.

A 529 Plan is designated for educational purposes, whereas a 401(k) is a general investment account.

Every employer offers a 401(k) and no employers offer the 529 Plan

You are talking to Sarah, a investment broker. She states that she doesn't know how GeoFencing could work for her. How could you respond? (Select all that apply)

We can specifically target the demographics she wants to work with the most

We can guarantee clicks and ensure that she will get calls.

We will design a professional ad for her that will grab the attention of mobile users

According to the latest information from the Federal Reserve, credit debt has exceeded what dollar amount?

$3.5 Billion

$3.5 Bazillion

$3.5 Trillion

$3.5 Trazillion

You are talking to, John, an investment broker in San Diego who does not see any benefit to advertising with us. What should you say?

John, you are right, most of our heroes already have retirement accounts and are set for the future.

John, we can guarantee that many of our local heroes will start calling you to supplement their retirement income.

John, we can advertise you as the exclusive investment broker to the heroes in the San Diego area.

Many retiring heroes do not want to rely on their retirement benefits alone and are looking for honest and supportive brokers to help them out.

When talking to an estate planner, it is good to concentrate on the emotional side of helping people prepare for the future, but also explain how GeoFencing is an economic way to promote their services.

True

False

As a sales agent you are talking to a retirement planner whose mother was a teacher. Which statement below is a good one liner?

Teachers have great pension plans allowing the to live comfortably for the rest of their lives after retirement.

The pensions for newer teachers have increased over the past decade by 25%, so current teachers have better retirement plans.

Many teachers today do not have sufficient retirement income and they need a trustworthy advisor to support them.

A person's estate includes which of the following?

Their home

Their investment account

Their car

Their furniture

All of the above

None of the above

Defaulted student loans drop off a credit report after two years.

Real Name

Phone Name

Unit Name

Email Address

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