STATE which of the 6 steps to financial goal planning is represented in this scenario: "Susan begins compiling a detailed summary of her finances."
Financial Planning

Quiz
•
Social Studies
•
10th Grade
•
Hard
John Robinson
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Determining Your Financial Situation
Developing Your Goals
Identifying Your Options
Evaluate Alternatives
Create and Use a Plan of Action
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
STATE which of the 6 steps to financial goal planning is represented in this scenario: "Marissa, looking to begin shopping for a car, begins writing out what she NEEDS in her car and and she would WANT in her car."
Determining Your Financial Situation
Developing Your Financial Goals
Identifying Your Options
Evaluate Alternatives
Create and Use a Plan of Action
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
STATE which of the 6 steps to financial goal planning is represented in this scenario: "George is using the SMART Goals acronym to plan out the future."
Determining Your Financial Situation
Developing Your Goals
Identifying Your Options
Evaluate Alternatives
Create and Use an Action Plan
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
STATE which of the 6 steps to financial goal planning is represented in this scenario: "Craig decides it's time to expand his newspaper by adding on new staff members."
Determining Your Financial Situation
Developing Your Goals
Identifying Your Options
Evaluate Alternatives
Create and Use a Plan of Action
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The process of projecting, organizing, monitoring, and controlling future income and expenses is known as ..........
Government
Geography
Judicial Branch
Personal Finance
6.
MULTIPLE SELECT QUESTION
1 min • 5 pts
Why is creating a budget so important? (Select all that apply)
It can help you reach your savings goals for what you want or need.
It can help you make better financial decisions.
It can help you see your spending habits so you can adjust them to what you want or need.
It can help you keep track of your neighbor's financial habits.
It can help you get a better job.
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a primary benefit of creating a personal budget?
A) It helps track your neighbor's expenses.
B) It allows you to spend without limits.
C) It helps manage your income and expenses effectively.
D) It guarantees financial success.
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