Deck 21: Developing a Business Plan

Question 1

Maximizing your income and wealth means making more money.

Answer 1

True

Question 2

The average length of employment in one job is ____ year(s).

A) three
B) seven
C) five
D) one

Answer 2

C

Question 3

The reward of good money management is an improved standard of living.

Answer 3

True

Question 4

Your values influence how you spend your money.

Question 5

Your personal financial plan is influenced by your values.

Question 6

Good financial planning is a lifelong activity.

Question 7

A____is a guide to help you reach your targeted goals in the future.

A) budget
B) economic plan
C) personal financial plan
D) tax strategy

Question 8

No factor has a strong influence on your personal finances than your career choice.

Question 9

Personal income in North America has grown rapidly in recent years.

Question 10

_____ is the study of the economic factors and personal decisions that affect a person's financial well-being.

A) Personal finance
B) Finance planning
C) Financial success
D) Standard of living