Personal Financial Planning
Authored by Reiven Ezekiel Lagman
Mathematics
12th Grade
CCSS covered
Used 8+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A formalized report that summarizes your current financial situation, analyzes your financial needs, and recommends future financial activities
Balance Sheet
Cash Flow Statement
Budget
Financial plan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
the things you want to accomplish.
Mission
Goals
Target
Strategy
Tags
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.6.5
CCSS.RI.7.5
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How do you begin your financial planning process
determine your current financial situation
identify your options
evaluate your alternatives
create a plan of action
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The last step in the financial planning process is to
develop financial plans and strategies to achieve goals
use financial statements to evaluate results of plans and budgets, taking corrective action as required
implement financial plans and strategies
redefine goals and revise plans and strategies as personal circumstances change
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Budgeting finances requires calculating ________ and ____________.
Income; expenses
Investments; savings
Utility; opportunity cost
Inflation; taxes
Tags
CCSS.7.RP.A.3
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
The purpose of personal financial plan is to what...?
create your best possible financial future.
to see how little you have compared to other people and then use that as inspiration to do better
help you avoid common financial pitfalls and accomplish your goals
All of the above
Tags
CCSS.RI.11-12.5
CCSS.RI.8.5
CCSS.RI.9-10.5
CCSS.RI.11-12.3
CCSS.RI.9-10.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do people choose to stay at home?
save money
moving out is expensive
they don't feel ready to move out yet
all of the above
Tags
CCSS.RI.8.1
CCSS.RI.8.8
CCSS.RL.11-12.1
CCSS.RL.8.1
CCSS.RL.9-10.1
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