Chapter 1 - Start Smart

Chapter 1 - Start Smart

8th Grade

20 Qs

quiz-placeholder

Similar activities

Financial Instruments Quiz

Financial Instruments Quiz

University

15 Qs

Assets

Assets

11th Grade

20 Qs

Advanced Financial Literacy Unit #1 Test Review Activity

Advanced Financial Literacy Unit #1 Test Review Activity

12th Grade

25 Qs

NGPF Banking

NGPF Banking

9th - 12th Grade

25 Qs

Chapter 8 Budget Busters

Chapter 8 Budget Busters

8th Grade

20 Qs

Ramsey CH 12 section 1 only

Ramsey CH 12 section 1 only

12th Grade

21 Qs

Investing and Retirement Terminology

Investing and Retirement Terminology

9th - 12th Grade

20 Qs

Cost Accounting Quiz Chapters One & Two

Cost Accounting Quiz Chapters One & Two

University

22 Qs

Chapter 1 - Start Smart

Chapter 1 - Start Smart

Assessment

Quiz

Financial Education

8th Grade

Easy

Created by

Danna Taylor

Used 2+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Long-term goals are goals you expect to achieve over a longer period of time.

TRUE

FALSE

Answer explanation

The statement is true (T) because long-term goals are indeed those that you plan to achieve over an extended period, distinguishing them from short-term goals.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Setting goals is not important.

TRUE

FALSE

Answer explanation

The statement is false (F) because setting goals is crucial for providing direction, motivation, and a clear focus, which are essential for achieving success in any endeavor.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On average, 80% of high school students don't achieve their goals on the first try.

TRUE

FALSE

Answer explanation

The statement indicates that 80% of high school students do not achieve their goals on the first try, which supports the true answer choice. Therefore, the correct answer is T.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An attainable goal should be reasonable and reachable.

TRUE

FALSE

Answer explanation

The statement is true (T) because an attainable goal must be realistic and achievable, ensuring that it can be reached with the available resources and time.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The "R" in the acronym for SMART goals stands for Research.

TRUE

FALSE

Answer explanation

The 'R' in SMART goals stands for 'Relevant,' not 'Research.' Therefore, the statement is false (F).

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is NOT considered to be a value?

Family and friends

Environment and life experiences

Cleaning your room

Society and media

Answer explanation

Cleaning your room is an action or task, not a value. In contrast, family, friends, environment, life experiences, society, and media represent beliefs or principles that guide behavior and decisions.

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a goal?

Principles or standards for what is important to you

Something that you strive to achieve over a certain amount of time

Things that you wish to have, but not having them will not threaten your existence

None of the above

Answer explanation

A goal is defined as something you strive to achieve over a certain amount of time. This distinguishes it from mere wishes or principles, as goals require effort and a timeframe for accomplishment.

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?