Which of the Following Is an Example of Money Management

question 24

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 for it with cash
• D)Paying off a loan early to reduce the interest charges

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Definitions:

Debasement

refers to the act of lowering in rank, dignity, or significance, often through degradation or depreciation.

Hazing

The practice of subjecting newcomers to abusive, humiliating, or challenging tasks and rituals, often as a rite of passage in certain groups or organizations.

Realistic Job Preview

An informational session or material given to prospective employees that accurately represents the positive and negative aspects of a job.

Collective Socialization

The process by which a group learns and assimilates shared norms, values, and practices.