Chapter 7: Mastery Test 8

A. Indicate the correct order of these sentences from a college finance textbook.

(Adapted from Madura, Personal Finance, 2nd ed., p. 133.)

Using the pulldown boxes, match each item on the left to the corresponding item at right.

A money order and a traveler's check are both checks that are written on behalf of a person and will be charged against an account. A. 2

Both are better alternatives than cash. B. 6

For example, many people use a money order when they need to mail funds, and traveler's checks are a wise choice when traveling. C. 3

Although similarities exist, there are important differences between money orders and traveler's checks. D. 5

However, a money order can be purchased for a fee at the U.S. Post Office, whereas traveler's checks are charged against large, well-known financial institutions and credit card accounts. E. 4

Finally, unlike a money order, the issuer will usually replace traveler's checks when they are lost or stolen. F. 1

B. Read the following paragraph from a college history textbook. Then answer the questions that follow it.

Similarities Between Ford and Carter

¹Both President Ford and President Carter were men of decency and integrity, but neither earned a reputation as a strong, dynamic leader. ²Although many Americans admired each man's honesty and sincerity, neither had the full confidence of the American people. ³Moreover, neither leader had a clear sense of direction. ⁴Both Ford and Carter seemed to waffle on major issues of public policy. ⁵As a result, both became thought of as unsure, indecisive presidents. ⁶For example, Ford began his term by urging tax increases, but later he called for a large tax cut. ⁷Similarly, early on, Carter spoke of cutting military spending. ⁸However, by the end of his term, he had come to support the idea of increasing defense spending.

—Adapted from Martin et al., America and Its Peoples: A Mosaic in the
Making, 3rd ed., pp. 1087-1088.

7. The main idea of the paragraph is stated in

a. sentence 1.

b. sentence 3.

c. sentence 7.

8. The primary pattern of organization is

a. definition and example.

b. comparison and contrast.

c. cause and effect.

9. The relationship between sentence 2 and sentence 3 is

a. addition.

b. cause and effect.

c. time.

10. The relationship between sentence 4 and sentence 5 is

a. generalization and example.

b. cause and effect.

c. comparison and contrast.