1. Personal financial responsibility includes which of the following factors? a. Acceptance, credit, awareness, recognition
b. Acceptance, communication, acquisition, remembrance
c Accountability, communication, adaptability, situational awareness
d. Accountability, credit, acquisition, remembrance
2. How many steps are there in a rational decision-making process?
7
a.
b. 5
C.
3
d.
4
3. Opportunity cost is
a. The buying of goods without prior planning
b. The performance of a particular task in exchange for money
Someone relying on another for financial support
d. An economic concept that represents the benefits you could have received by choosing
the alternative
c.
4.
a.
refers to a person's beliefs, values, and practices.
Emotions
b. Culture
c. Behavior
d. Money personality