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QUIZ 1 MGF2243

Authored by Yusnifarina Yunus

Business

University

Used 2+ times

QUIZ 1 MGF2243
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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Personal finance is also known as

money market
money management
monetary decision
monetary resources

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

The followings are the financial goals EXCEPT:

savings
current consumption
future consumption
insurance protection

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

The financial goals should be 'SMART'. 'R' indicates for

relevant
reliable
realistic
reasonable

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

There are seven (7) components of financial planning areas.

True
False

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

The principal goal of _____________ planning is to identify and analyze risk factors in life.

debt planning
insurance planning
retirement planning
investment planning

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Paying off small debts by the end of the year is example of

short-term goals
medium-term goals
long-term goals
attainable goals

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

You can benefit from personal financial planning if you are

an employee
a self-employed
a student
any of these

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