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Personal Finanace 1.02 Game 1
Test Description: Personal Finanace 1.02 game 1
Instructions: Answer all questions to get your test result.
1) Sabrina saw a scrapbooking kit on a TV shopping network and decided immediately to call in an order. Which type of factor MOST LIKELY influenced Sabrina's decision?
A
economic
B
cultural
C
media
D
legal
2) Since his Bar Mitvah, Ben wears a skull cap at both synagogue and high school. Which type of factor MOST LIKELY influenced Ben's decision?
A
social
B
technology
C
media
D
cultural
3) Ted earns $250 a week from his part-time job. His goal is to save $150 each month to go on a vacation. Which phrase BEST describes this goal?
A
Specific, but not measurable
B
Measureable and time-bound
C
Attainable, but not measurable
D
Measurable, but not time-bound
4) Mrs. Dunn always goes to the cleaners around the corner from her job. This illustrates a decision made:
A
from habit
B
on impulse.
C
by following logical steps
D
with options in mind
5) Since she did not approve of slaughtering animals for their fur, Hilton decided not to purchase a coat with a natural fur collar. Which type of factor MOST LIKELY influenced Hilton
A
legal
B
economic
C
technology
D
moral
6) Mark's car won't start. He checked an online manual, looked at his bank balance, and asked a mechanic, if he could teach him to make needed repairs, What step in decision-making:
A
Identify the options
B
Identify the pros and cons of each option
C
Identify resources and gather information
D
Identify the decision to be made
7) Mary's goal is to put aside money for Christmas presents from May until December. Which phrase BEST describes this goal?
A
Realistic, but not time-bound
B
Time-bound, but not realistic
C
Time-bound, but not measurable
D
Attainable and measurable
8) Which is the BEST example of standards influencing financial decisions? The Darden family decided to spend their tax refund to:
A
make a large donation to a favorite charity that was very important to them
B
repair their leaky roof
C
make a large donation to a favorite charity that was very important to them
D
keep up with their neighbors by buying a new big-screen television.
9) Matt's goal is to save his pocket money to buy a used CD player from his cousin who has just bought a new player. Which phrase BEST describes this goal?
A
Time-bound, but not measurable
B
Not measurable and not time-bound
C
Measurable and time-bound
D
Measurable, but not time-bound
10) Which is the BEST example of a family value of helping others influencing financial decisions? The Sigmon family decided to spend their emergency savings on:
A
paying the mortgage while Mr. Sigmon is laid off.
B
surround sound for their new media room like their neighbors have.
C
a new stove for the soup kitchen where they volunteer.
D
taking a cruise with Mrs. Sigmon's sister's family.
*select an answer for all questions
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