Assessment: Сhapter 01 Test Bank - Easy
Section 1
1. You have learned about money history as a child, a consumer, and as a(n) ______.
A. employee
B. analyst
C. banker
D. loaner
Answer: A
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2. The four categories of the money classroom are secure, unstable, unaware, and ______.
A. insecure
B. anxious
C. compеtent
D. confident
Answer: B
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3. Money scripts fall into four categories: mоney avoidance, worship, status, and ______.
A. future
B. drift
C. therapy
D. vigilance
Answer: D
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4. ______ are the principles that you consider most important in your life.
A. Behaviors
B. Drifts
C. Values
D. Beliefs
Answer: C
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5. Patterns in money scripts are able to predict ______.
A. credit scores
B. income levels
C. disorders
D. values
Answer: C
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6. ______ is the money value assessment that measures how carefully you manage your
money and personal budget.
A. Frugality
B. Safety vs. status
C. Experience vs. things
D. Time horizon preference
Answer: A
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7. Not funding an emergency sаvings account would be an example of money ______.
A. mistakes
B. drifts
C. values
D. classrooms
Answer: A
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8. What proportion individuals surveyed regret not investing for their future earlier in their
careers?
A. about a quartеr
B. just under half
C. slightly more than half
D. nearly all
Answer: D
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9. Defining what we want in life and adopting a(n) ______ mindset are essential to our future
financial success.
A. fixed
B. growth
C. agile
D. classroom
Answer: B
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10. A key factor in studying how we have been influenced by people and events during our
younger years is part of our money memories.
A. True
B. False
Answer: A
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11. Money is the second lеading cause of stress second only to politics.
A. True
B. Fаlse
Answer: B
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12. With money scripts, a story that is completely false is typically believed to be true due to
our subconscious.
A. True
B. False
Answer: A
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13. Money values are the personal standards you consider most important when making
household financial decisions.
A. True
B. False
Answer: A