MCS 2100 Study Guide - Final Guide: Canada Deposit Insurance Corporation, Mortgage Insurance, Vehicle Insurance

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Chapter 2: objective 1, be able to produce balance sheets and cash flow statements, be able to calculate and understand the financial ratios, understand the budgeting process, be able to apply the theory on 2 income households. Chapter 4: objectives 1 to 5 on pg. 117 of the textbook: pick the best financial service or savings plan for a given situation, bank reconciliation know how to do, canada deposit insurance corporation. Chapter 5: differentiate among various types of credit - know advantages and disadvantages of each and be able to pick best type for a given situation, objective 4 and 5 on page 144 of the textbook. Chapter 6: objectives 1 to 5 on pg. 174 of the textbook: process of personal bankruptcy. After the next two chapters you should be able to identify what types of risk various investments are exposed to: understand how risk changes with the life cycle, understand how diversification can be used to manage risk.