
Financial Management Midterm Quiz #2
Authored by Carnit Cordova
Computers
University
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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Financial management is only important for businesses, not for individuals
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The time value of money means that money today is generally worth more than the same amount in the future
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Saving money in a savings account is an example of a high-risk, high-return investment
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A budget is a plan for how you will spend your money
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
"Needs" are things you must have to survive, while "wants" are things you desire but can live without
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Investing in a new company's stock is generally considered a lower risk than putting your money in a savings account
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Financial management involves making smart choices about spending, saving, and investing
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