Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
Personal Finance - Objective 1.01
Test Description: Personal Finance - Money in my Life
Instructions: Answer all questions to get your test result.
1) Which of the following statements about our interactions with money is NOT considered to be true?
A
Investment increases risk and reduces your ability to cope with risk and uncertainty.
B
You are responsible for your present self and your future self.
C
You are better off in a community than by yourself.
D
Your present self impacts your future self.
2) Carter wants to participate in an activity that will improve his well‐being. Which of the following activities would contribute the most to his well‐being?
A
An activity that doesn’t cost much money.
B
An activity his friends like to participate in.
C
An activity that makes him lose track of time.
D
An activity that his teacher suggested to him.
3) Jenna wants to improve her financial well‐being. Which of the following would contribute the most to her financial well‐being?
A
Pay her grandma back the money she borrowed to take a school trip last year.
B
Open another checking account to help her organize her money.
C
Take a personal finance class to learn how to manage her money.
D
Pay her grandma back the money she borrowed to take a school trip last year.
4) Jacob is wondering how he can improve his intellectual well‐being. Which of the following would contribute the most to his intellectual well‐being?
A
Take a vacation from work.
B
Join a local service organization.
C
Challenge himself by taking on a new project at work.
D
Go to the gym three times per week.
5) Sylas is studying financial planning in one of his classes. His teacher has assigned him to create a timeline of his financial future. Where should the end of his financial planning timeline be set?
A
When he is 70‐years‐old.
B
Never – it is an ongoing process.
C
When his financial goals have been established.
D
When he money management plan has established high well‐being.
6) Erica wants her class project to reflect her values. Which items would be best to include?
A
Things that reflect her fundamental beliefs about what is worthwhile and important to her.
B
Things that she intends to acquire, do, reach or accomplish in the near or distant future.
C
Things that are necessary or essential for life and survival.
D
Things that are unnecessary but desired which increase the quality of her life.
7) Specific objectives that are accomplished through financial planning
A
Financial planning
B
Financial goals
C
Well-being
D
Financial well-being
8) Managing money continuously through life in order to reach your financial goals
A
Financial well-being
B
Well-being
C
Financial planning
D
Financial goals
9) Managing money in ways that build a sense of understanding, competence, and control
A
Financial goals
B
Well-being
C
Financial planning
D
Financial well-being
10) Feeling good about one’s life
A
Financial planning
B
Financial goals
C
Well-being
D
Financial well-being
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?