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Financial Information-Financial responsibility

Total questions: 14

Worksheet time: 8mins

Name
Class
Date
1.

Reliable Financial Information Includes- (select multiple answers)

a)

information from experts in the field

b)

outdated data

c)

Information from recognized, reputable organizations

d)

Information that can be verified from other sources

2.

Relevant information is

a)

hard to read

b)

appropriate for your age

c)

mostly for adults

d)

suitable for your situation

3.

Relevant information is information you CAN'T trust

a)

true

b)

false

4.

When making a financial decision, you need to evaluate the source critically instead of blindly trusting the source.

a)

true

b)

false

5.

When making financial decisions it's important to use information that is both relevant and reliable.

a)

true

b)

false

6.

Due to extra expenses, Bob can't pay his bills and thinks about getting a cash advance. He should

(select the best answer)

a)

Just apply for a loan instead

b)

Go for it! Get the cash advance.

c)

Ask his friends for their advice

d)

Find reliable, relevant information, use the Bible for wisdom, ask a banker about fees.

7.

You are a college student and see a TV show with a well-known financial advisor on it talking about borrowing money from a 401-k. The information is

a)

relevant and reliable

b)

irrelevant but reliable

c)

not relevant or reliable

d)

relevant but unreliable

8.

If something is relevant it

a)

applies to your situation

b)

doesn't apply to your situation

9.

If something is reliable it

a)

is trustworthy

b)

is untrustworthy

10.

You need tax advice and go to www.joestaxadvice.com it is

a)

reliable

b)

unreliable

11.

A reputable financial advisor mails you a brochure in the mail. It's information is

a)

reliable

b)

unreliable

12.

a website from 20 years ago is

a)

reliable

b)

unreliable

13.

Wikipedia is what kind of source for research reports?

a)

reliable because it has tons of information

b)

unreliable because the information is not verified

14.

I can describe reliable financial information in 1 to 3 sentences.

a)

Yes, I can, no problem!

b)

I have no idea what that is.

c)

Maybe...???

d)

No, but I am going to go back into my lesson and study it more before I quiz.