Personal Finance Final Exam Review

Personal Finance Final Exam Review

9th - 12th Grade

37 Qs

quiz-placeholder

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Personal Finance Final Exam Review

Personal Finance Final Exam Review

Assessment

Quiz

Other

9th - 12th Grade

Hard

Used 29+ times

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37 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the S in the SMART Goals acronym represent?

Smart
Safe
Specific
Start

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the R in the SMART Goals acronym represent?

Realistic
Relationship
Real
Rate

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A student that goes from one class to another when the bell rings is an example of what type of decision?

Routine decision
Major decision
Common decision
Big decision

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the 70-20-10 Rule, 70% of your income should be...

Saved
Spent
Invested
Taxed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A goal that may take more than five years to achieve is considered a...

Short-term goal
Intermediate goal
Long-term goal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An item that you must have for survival is considered a...

Need
Want
Value
Decision

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

To become financially successful, you must follow two steps:

Have a goal and be able to spend money
Have a place and be able to invest
Have a goal and a plan
Be able to save money and have a plan

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