Which Statement Is True About Managing Personal Finances

question 83

Multiple Choice

Which statement is true about managing personal finances?

• A)The ability to manage finances is a skill with which you are born.
• B)Personal finance courses are commonly offered in high school.
• C)Financial difficulties can be a major cause of marital problems.
• D)Personal financial management is not a skill worth learning.

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Definitions:

Job Success

The achievement of predefined work goals or career milestones, often measured by performance evaluations, promotions, or personal fulfillment.

Job Satisfaction

The degree to which an individual feels positively or negatively about their job.

Managerial Implications

The potential outcomes or consequences of management decisions and actions on organizational performance and strategy.

Secondary Obligations

In contract law, obligations that arise when a primary obligation fails or cannot be performed, often relating to compensatory measures or damages.