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FInancial Responsibility

hruggiero 8 questions

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Questions in this quiz (8)

  1. 1A responsible person takes accountability for their actions.
    1. ATrue
    2. BFalse
  2. 2Understanding how to manage personal finance is the first step to becoming financially responsible.
    1. ATrue
    2. BFalse
  3. 3What are some reasons to be financially responsible? (check all that apply).
    1. ABetter credit
    2. BLess stress
    3. CNever having to worry about money again
    4. DBeing prepared for the future
  4. 4Financial planning is something you only have to do once.
    1. ATrue
    2. BFalse
  5. 5Which of the following is NOT a step to becoming financially responsible?
    1. APlan: Financial responsibility is a life-long habit that requires strategy and careful planning.
    2. BEvaluate: Regularly evaluating our current position. That includes money coming in, money going out, and obligations.
    3. CDecide: Making positive decisions that take into consideration long-term benefits, or consequences.
    4. DAdvancing: Getting a high-level job to pay your bills.
  6. 6What is financial responsibility?
    1. AFinancial responsibility means being accountable for managing your money properly.
    2. BFinancial responsibility means having less bills than other people do.
    3. CFinancial responsibility means giving advice about money.
    4. DFinancial responsibility means making more money than average.
  7. 7A person's finances usually stay the same throughout their lifetime.
    1. ATrue
    2. BFalse
  8. 8Which are types of responsibility?
    1. AFinancial responsibility
    2. BSocial responsibility
    3. CLegal responsibility
    4. DMoral responsibility

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Description
This is from Lesson 1 of the Financial Literacy course at New Heights.
Author
hruggiero
Language
English
Views
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