Budget Week 2 Assessment

Goals that include career choices and personal characteristics are :

• "To be" goals

• short term goals

• "To have" goals

• "To do" goals

Easily identified goals that continually change are referred to as

• "To be" goals

• "to have" goals

• "to do" goals

• temporary targets

The need to obtain one goal in order to attain another goal is referred to as a (an)

• conflicting goal

• priority

• unrealistic goals

• interdependent goal

In Patricia's company, they use an established measure of quality, value, or quantity to evaluate their products. This measure is known as a:

• benchmark

• standard

• criterion

• parameter

Aria has been working hard on her project and she wants to achieve a specific outcome. What is this outcome called?

• ethics

• goal

• wants

• priority

Priya often finds herself in situations where she must decide what is right or wrong. What guides her decisions?

• Social Norms

• Law

• Morality

• Ethics

Robin is trying to decide what career path to pursue. He considers what he finds important and desirable in life. What is Rohan reflecting on?

• Values

• Preferences

• Goals

• Principles

Anika is leading a project team and wants to ensure the project's success. To achieve this, should she identify all available resources?

• True

• False

Maya had to choose between attending a concert or going to a movie. She chose the concert. The opportunity cost is the value of the movie she gave up.

• True

• False

Hannah believes that living within her means is the only way to have financial peace of mind. Is she correct?

• True

• False