
Setting SMART Goals Objective Assessment
Quiz
•
Life Skills
•
9th - 12th Grade
•
Practice Problem
•
Medium
Jessica Palumbo
Used 60+ times
FREE Resource
Enhance your content in a minute
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Financial plans that are more than five years off are called
Opportunity costs
long term goal
intermediate goal
short term goals
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Saving for vacation you are taking in 6 months is
Opportunity cost
long term goal
intermediate goal
a need
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The purpose of goal setting in financial planning process is to
to clarify goal ranges
save money
provide direction for plans and action
to differentiate between needs & wants
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
WHAT'S MISSING? I plan to save $3,000 for a new computer by saving my whole paycheck for 3 months.
measurable
attainable
specific
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
WHAT'S MISSING: I will save $115 a month for two years from my babysitting money.
measurable
attainable
specific
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What does the acronym SMART stand for?
Specific, Measurable, Attainable, Relevant and Timebound
Specific, Meaningful, Attainable, Reality and Timebound
Special, Measurable, Attractive, Reality and Treasured
Substitute, Money, Attained, Realistic, Typical
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
IRS stands for ____________________.
Internal Revenue Service
I'm Really Smart
Internal Receipt Sender
International Rescue Service
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