Chapter 14

Personal Finance

Test your knowledge

Chapter 14: Personal Finance Quiz

Test your knowledge of the personal finance chapter material!

1 / 10

Which of the following is not a reason taking a personal financial planning course would benefit you as a reporter?

2 / 10

True or false: You can accurately predict the direction of interest rates and financial markets.

3 / 10

Which of the following questions should you not answer as a personal finance reporter?

4 / 10

True or false: For the majority of Americans, paycheck increases more than cover the increased costs brought on by the rate of inflation.

5 / 10

Why is it a good idea to meet financial professionals in your community?

6 / 10

True or false: Personal finance reporters are not personal finance advisors.

7 / 10

True or false: There’s no such thing as high returns without any risk.

8 / 10

Who is required to put the client’s interests ahead of their own at all times when providing personal finance advice?

9 / 10

True or false: A stockbroker and an investment advisor are the same thing.

10 / 10

True or false: Economists do not declare the market “recovered” until all consumers are past the financial crisis.

Your score is

The average score is 90%

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