EAP7 S.M.A.R.T. Review 11-03-23

Quiz
•
Other
•
7th Grade
•
Medium
Myra Thomas
Used 1+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a short-term financial goal?
A goal that takes more than five years to achieve
A goal that can be achieved in less than one year
A goal that can be achieved in 10 years
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a medium-term financial goal?
A goal that can be achieved in less than one year
A goal that can be achieved in 10 years
A goal that takes between one to five years to achieve
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a long-term financial goal?
A goal that can be achieved in less than one year
A goal that can be achieved in 10 years
A goal that takes between one to five years to achieve
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the acronym S.M.A.R.T. stand for in relation to goal planning?
Specific, Measurable, Achievable, Realistic, Timely
Sensible, Meaningful, Attainable, Reachable, Time-Bound
Strategic, Measurable, Aggressive, Relevant, Time-Sensitive
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to set financial goals?
To have something to strive for
To make sure you save enough money for retirement
Both
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a short-term financial goal?
Saving for a vacation in six months
Saving for a new car in five years
Saving for a down payment on a house in 10 years
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a medium-term financial goal?
Saving for a vacation in six months
Saving for a new car in five years
Saving for a down payment on a house in 10 years
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