Business Econ. - Ch. 9 Test: Question Preview (ID: 23862)


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Which is true in terms of singles and couple when it comes to money?
a) singles are less prone to impulse buying than couples because they don't have to be held accountable. b) Singles are more prone to impulse buying than couples because they don't have to be held accountable. c) Couples are more prone to impulse buying because each spouse has to be accountable to the other. d) Couples are never prone to impulse buying because each spouse has to be accountable to the other.
Does a lot of calculations on paper and in their head.
a) Nerd b) Free Spirit c) d)
Spontaneous
a) Nerd b) Free Spirit c) d)
Extremely organized; everything has a place
a) Nerd b) Free Spirit c) d)
Don't necessarily have to work to earn this
a) Nerd b) Commission c) Free Spirit d) Allowance
Usually running late to appointments
a) Nerd b) Commission c) Free Spirit d) Allowance
The #1 cause of divorce in the US is child care issues
a) True b) False c) d)
A good age to open a checking account is between the ages of 13 and 15
a) True b) False c) d)
A married couple should have 1 budget, not separate ones.
a) True b) False c) d)
Likes dealing w/ numbers
a) Nerd b) Commission c) Free Spirit d) Allowance
Earning money based on the work you do
a) Nerd b) Commission c) Free Spirit d) Allowance
Free spirits and nerds differ in how they
a) Relate to time b) Deal with numbers c) relate to a budget d) all of the above
Which of the following is NOT a rule of the budget meeting?
a) It should last an hour b) Both the ned and the free spirit must attend c) The nerd makes the budget d) The free spirit must give input
The flow of money in a family represents the _________________ under which the family operates
a) Self-esteem b) budget c) value system d) fiscal views
Which 3 envelopes would be appropriate for children ages 5-12?
a) give, save, spend b) give, invest, spend c) food, clothing, giving d) all of the above
Not good w/ numbers
a) Nerd b) Free Spirit c) d)
Which of the following would not make a good accountability partner?
a) your uncle who is very smart b) your father who is very fugal c) your best friend who is always broke d) your boss who enjoys being helpfu.
WHich of the following should you use with young children, ages 3-12, to teach them about money?
a) Clear jars b) the envelope system c) checking account d) both A and B
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