Unit 1 Decision Making Test Review

Unit 1 Decision Making Test Review

12th Grade

25 Qs

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Unit 1 Decision Making Test Review

Unit 1 Decision Making Test Review

Assessment

Quiz

Other

12th Grade

Practice Problem

Easy

Created by

Jamie Hawn

Used 7+ times

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25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is personal finance primarily concerned with?

Managing an individual's financial decision

Managing a business's financial decision

Managing a government’s budget

Managing a nonprofit’s donations

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How are financial values first influenced in an individual's life?

By friends

By school education

By social media

By family

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary focus of personal finance?

Increasing national GDP

Making decisions that align with personal values and goals

Following a universal method for managing finances

Avoiding all forms of debt

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Why is it important to understand your financial values?

To follow a universal financial plan

To avoid all financial risks

To make financial decisions that align with your values and goals

To maximize short-term gains

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who enjoys using their money to purchase products and experiences without much hesitation, and with less concern for saving.

Avoider

Balancer

Spender

Balancer

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The distinct patterns or tendencies in how individuals perceive, interact with, and manage their finances.

Avoider

Balancer

Saver

Money Personalities

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which money personality prioritizes accumulating money and seeks security and stability through regular saving habits?

A Saver

B Spender

C Investor

D Avoider

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