
FP EXAM REVIEW 3
Authored by Priscilla Ross
Life Skills
11th - 12th Grade
CCSS covered
Used 3+ times

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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The ability to project or anticipate changes that might affect your finances is not part of financial planning.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Changes in the nation and the world can affect your personal finances.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Being a smart shopper will not help you cope with inflation.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you run into trouble managing your finances, help is available.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial planning means developing a strategy to meet present financial needs.
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The majority of millionaires drive a current model of a luxury import car.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements about bonds and stocks is not correct?
Bondholders have a risk of not being able to sell the bonds in the secondary market.
Shareholders are actually owners of the company.
Bondholders are the creditors of the firm.
The shareholders have the priority to get back the capital when the
company is liquidated.
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