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WorksheetsQ1 Financial Management Draft
Total questions: 70
Worksheet time: 53mins
Name
Class
Date
1.
Which is not a money tip?
a)
create a budget
b)
limit credit card usage
c)
Save some money each paycheck
d)
track expenses
e)
Spend every dollar of your paycheck on wants
2.
What is one characteristic of Goals?
a)
Dynamic
b)
Bad
c)
Weird
d)
Money
e)
family
3.
What does the "S" mean in SMART goals?
a)
Super
b)
Smart
c)
Specific
d)
Simple
e)
Strong
4.
Which is NOT a benefit of Goal Setting?
a)
Provides clear picture of where you're headed
b)
Helps you determine what you need to do to get there
c)
Keeps you focused on what you need to learn
d)
You are always distracted and cannot focus on it
e)
Provides a way to measure your progress
5.
What does the "M" mean in SMART goals?
a)
Measureable
b)
Management
c)
Money
d)
Money-management
e)
Marketing
6.
What does the "A" mean in SMART goals?
a)
Attraction
b)
Attention
c)
Active
d)
Attainable
e)
Active-Management
7.
What does the "R" mean in SMART goals?
a)
Report
b)
Retain
c)
Risk-Management
d)
Results-Oriented
e)
Risk
8.
What does the "T" mean in SMART goals?
a)
Time
b)
Time-Bound
c)
Task
d)
Team
e)
Teamates
9.
What is NOT a reason to save money
a)
Peace of mind
b)
Better future
c)
More Money
d)
For children’s education
e)
Family security in an emergency
10.
What is NOT a reason to save money
a)
Pursue dream career
b)
Make room for fun
c)
Help others
d)
Leave a financial legacy
e)
Being able to buy what you want
11.
What is NOT a human habit
a)
Smart purchasing
b)
Impulsive shopping
c)
Addictive
d)
Emotional
e)
Easily spiral out of control
12.
Which is NOT a necessary financial aspect to know?
a)
Pre-payment penalty
b)
Escrow amount
c)
Start & End APR
d)
Paining art
e)
What your loan consists of (T's & C's)
13.
Which is NOT a human behavior offset?
a)
Make finances transactional
b)
Pause
c)
Stick to list
d)
Reflect - why shop
e)
Buy everything and all at once
14.
Which is not a comparison shopping term?
a)
Quality over quantity
b)
Services
c)
Discount amounts
d)
Saving in the long run
e)
Cryptocurrency
15.
Who is a TA?
a)
Nathan
b)
Peter
c)
Ms.lanz
d)
Dylan
e)
Romio
16.
Who is a TA?
a)
Ronold
b)
Daniel
c)
Stalin
d)
Jesus
e)
Percy
17.
Who is a TA?
a)
Jose
b)
Gandi
c)
Ryan
d)
Annabeth
e)
Teddy
18.
Who is a TA?
a)
Franklin
b)
George
c)
Fredrick
d)
Thomas
e)
Churchil
19.
Who is a TA?
a)
Regan
b)
josh
c)
Pewdipie
d)
Mr.Beast
e)
Diego
20.
What do credit cards NOT offer?
a)
Cash back
b)
low APR
c)
Gas
d)
Merchandice (Disney)
e)
Buy one Get one free
21.
how long has it has to been if you have moved for you not to report it on your credit report?
a)
4 years
b)
3 years
c)
2 years
d)
1 year
e)
Pluto
22.
What do credit cards NOT offer?
a)
Miles
b)
Airplane tickets
c)
Free bags
d)
Airplane lounge
e)
Hotel Stays
23.
Which is a credit card bureau
a)
experience
b)
Authority
c)
Carfax
d)
Experion
e)
Riviera Prepatory School
24.
What Site Can you Get a Free Credit Report
a)
CreditKarma.com
b)
CreditReportAnnual.com
c)
CreditReport.gov
d)
Annualreport.com
e)
annualcreditreport.com
25.
Which is not a major Credit Card network company
a)
Capital One
b)
Master Card
c)
American express
d)
Discover
e)
Visa
26.
What happens if you don't pay your Credit Card?
a)
your credit card gets revoked
b)
Nothing
c)
you Impact your intrest rate
d)
your mom yells at you
e)
you can't use your credit card
27.
what do you NOT need to order a credit report
a)
SSN
b)
Your Legal Name
c)
Permanet Adress
d)
Previous Address (from 3 years ago)
e)
Tin number
28.
what Is NOT a technique for credit worthiness
a)
Spending only 20% of your credit limit
b)
Pay more then the minnium balance
c)
Limit the number of credit cards you have
d)
Avoid cash advances
e)
Pay off your bar tab
29.
What is credit
a)
Borrowed money
b)
Gold
c)
A card in your wallet
d)
A form of karma
e)
A report
30.
What is a personal line of credit
a)
Money in your bank account
b)
Money available on a need basis
c)
Money that you can't access
d)
A blank credit card
e)
A consumer loan
31.
Who is the most common creditor
a)
A bank
b)
A person
c)
A school
d)
The government
e)
Your parents
32.
What does APR stand for
a)
Annual performance report
b)
Amazing person reward
c)
Adjustment percentage rate
d)
Adjusted price rate
e)
Annual percentage rate
33.
What is NOT another name for a service fee with credit
a)
Administrative fee
b)
Management fee
c)
Handling fee
d)
Annual fee
e)
Adjustment fee
34.
What is NOT a benefit of good credit
a)
Cash back
b)
Airline miles
c)
Discounts
d)
High interest rates on loans
e)
Getting approved for loans
35.
Which of these would require the highest credit
a)
Approval for a credit card
b)
Paying your internet bill on credit
c)
Getting a mortgage
d)
Dining out on credit
e)
Going to the movies on credit
36.
How should you write your signature on a check
a)
Print
b)
Cursive
c)
Hebrew
d)
English
e)
Italian
37.
Who Is not a TA
a)
Kluger
b)
Simon
c)
Monterverde
d)
Dinter
e)
Collins
38.
Who is the teacher for Financial Management
a)
Prof.Dinter
b)
Prof.Jason
c)
Prof.Daniel
d)
Prof.Nathan
e)
Prof.Diego
39.
What is the purpose of your net worth?
a)
To flash off your money
b)
To learn how rich your favorite celebrity is.
c)
To show how financially healthy you are.
d)
To learn about how money works
e)
To learn how much in debt you are
40.
Which one of these is liquid?
a)
stocks
b)
currencies
c)
loans
d)
a mutual fund
e)
bank accounts
41.
Which one of these is an investment?
a)
a mutual fund
b)
real estate
c)
bank investments accounts
d)
loans
e)
cash
42.
Which one of these is non-liquid?
a)
Cash
b)
real estate
c)
loans
d)
stocks
e)
bank accounts
43.
Which one of these is a liability?
a)
bonds
b)
stocks
c)
cash
d)
shoes
e)
loans
44.
How do you calculate your net worth?
a)
Liabilities - Assets
b)
Cash - Liabilities
c)
Assets X Liabiities
d)
Assets - Liabilities
e)
Cash X Assets
45.
Which one of these is NOT an asset?
a)
Liquid
b)
Investments
c)
Non-Liquid
d)
Stocks
e)
Liabilities
46.
Which one of these is an available tool to help calculute your net worth?
a)
Experian
b)
Credit Karma
c)
Your net worth homework.
d)
A calculator
e)
Your cash
47.
What do you call the max you can borrow?
a)
Credit limit
b)
Lending Limit
c)
Service Limit
d)
Equity Limit
e)
Quality Limit
48.
Who is a TA?
a)
Valentina
b)
Ryan renolds
c)
Zelda
d)
Oprah
e)
Danaila
49.
Who is the richest person in the world
a)
Yilong Ma
b)
Elon Musk
c)
Brandon Sanchez
d)
Professor Dinter
e)
Kim Jong un
50.
Which of these is the NOT a SMART goal?
a)
Improve your public speaking skills.
b)
Improve your time management capabilities.
c)
Be the best at craftman ship.
d)
Boost Leadership Skills.
e)
Take a course to sharpen your skills.
51.
When are the student labs held?
a)
Monday
b)
Tuesday
c)
Wednesday
d)
Thursday
e)
Friday
52.
What percentage is attandence?
a)
0.25
b)
0.5
c)
0.3
d)
0.8
e)
0.15
53.
What percentage is evaluations/assesment?
a)
0.25
b)
0.5
c)
0.3
d)
0.8
e)
0.15
54.
What day are financial managent lectures
a)
Monday
b)
Tuesday
c)
Wednesday
d)
Thursday
e)
Friday
55.
How many TA's are there?
a)
8
b)
6
c)
7
d)
9
e)
5
56.
Why are the TA's selected
a)
They have completed the highest level of business class
b)
They all got 1600's on their SAT
c)
They have all been accepted by Harvard Business School
d)
Professor Dinter likes them
e)
They took financial management last year
57.
Which of these is the largest planet in the Solar System?
a)
Earth
b)
Mars
c)
Mercury
d)
Jupiter
e)
Pluto
58.
If you miss you a class what happens
a)
You fail the year
b)
You get a zero
c)
You die
d)
Professor Dinter will find you
e)
Your get disowned by your parents
59.
Who does the attendance?
a)
Professor Dinter
b)
You do!
c)
Your TA
d)
Your Mom
e)
Nobody does.
60.
What is an example of a fixed expense?
a)
Fixed morgage
b)
Price of a coffee
c)
Gym memberhsip
d)
Your credit score
e)
Groceries
61.
Which of the following is not a benefit of budgeting?
a)
Save Money
b)
Create a retirement plan
c)
Avoid overspending
d)
Avoid late fees
e)
Increase debt
62.
Which of these is not a way to cut expenses?
a)
Create a budget
b)
Lower discretionary expenses
c)
Pay of debt
d)
Join hustlers university
e)
Open a savings account
63.
What is not one of the three types of expenses
a)
Cosmetic payments
b)
Utility payment
c)
House payment
d)
Car payment
e)
Hidden
64.
Why is budgeting important
a)
Plan for retirement
b)
Reduce expenses
c)
help create emergency fund
d)
Budgeting increases your credit score
e)
Plan for future expenses
65.
High interest rates occur if you dont pay off_____?
a)
Your gym membership
b)
Miss credit card loans
c)
The IRS
d)
Prof. Dinter
e)
The CIA
66.
Which of the following is a result of failing to pay of your credit card on time?
a)
Late fees
b)
Added benefits
c)
Free upgrades
d)
increase your credit score
e)
Higher taxes
67.
What happens to your "total left over savings" in the budgeting homework if your savings is negative?
a)
A negative sign appears beside balance
b)
Balance turns red
c)
You did the assignment wrong
d)
Your monthly income goes up
e)
Your credit score lowers
68.
What type of class is financial management?
a)
A hard class
b)
A pass/fail class
c)
An easy A
d)
A Q1 course
e)
An AP class
69.
How Well did you think you did on this quiz
a)
Who Cares
b)
Who Cares
c)
Who Cares
d)
I Aced it
e)
Who Cares
70.
Which is NOT a good investment?
a)
Stocks
b)
Cars
c)
Houses
d)
Real estate
e)
solar panels
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