Question

Question 44 A) Blake had always wanted to retire in comfort, and after thinking about his long-term goals, he was certain that his average salary would be able to fund his dream. But when it came to figuring out how it translated to dollars and cents, Blake drew a blank. Which question from the SMART goal framework should Blake MOST likely focus on? (1 point) Responses Is it specific? Is it specific? Is it measurable? Is it measurable? Is it achievable? Is it achievable? Is it timely? Is it timely?

Answer 1

Is it measurable?

Answer 2

Question 45 A) Kaitlin is getting her finances in order, and she’s even set aside some money for an emergency cash fund. Where should she store it? (1 point) Responses in a mutual fund in a mutual fund in a savings account in a savings account in a Roth IRA in a Roth IRA in a real estate investment

Answer 3

in a savings account

Answer 4

Question 46 A) Fixed expenses can’t be adjusted. (1 point) Responses True True False False

Answer 5

False

Answer 6

Question 47 A) Budgets can function as financial control tools. (1 point) Responses True True False False

Answer 7

True

Answer 8

Question 48 A) Budgets are built on averages. (1 point) Responses True True False False

Answer 9

False

Answer 10

Question 49 A) In stock market investing, there is no guarantee of a financial return. (1 point) Responses True True False False

Answer 11

True