Which of the Following Is an Example of Money Management

question 35

Multiple Choice

Which of the following is an example of money management?

• A) Putting your money in a savings account at your bank
• B) Shopping around for the credit card with the best interest rate
• C) Deciding to delay buying a new car until you can pay cash
• D) Paying off a loan early to reduce the interest charges

---

Definitions:

Core Competency

Fundamental strengths or strategic advantages of a business, specifically those that allow it to stand out from competitors and deliver value to customers.

Marketplace

A venue for buying and selling goods, services, or information, either physically or virtually.

Craft Shop

A retail outlet specializing in the sale of handmade or artisanal items, typically showcasing traditional or creative crafts.

Customer Specifications

Detailed requirements and criteria provided by a customer regarding the desired features and standards of a product or service.