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Create Pre- and Post-Tests

The 100 questions available from the Topic you selected are displayed for your review so you can make choices about which questions to ask.

An (R) is shown when a Lesson is one you required when you set up your class. It is recommended that you choose questions only from Required Lessons.

You may ask the same or different questions in the Pre- and Post-Tests by clicking the appropriate columns.

Step 4c: Create a Pre- and Post-Test for Class: Personal Finance, 11 a.m.

The 100 questions available under this Topic with the corresponding Lesson title are displayed below.

For each question, decide whether you want to use the question on the Pre- or Post-Test, or on both. Check the boxes under the Pre-Test column to select the Pre-Test questions. Likewise, click the boxes under the Post-Test column to select the questions for the Post-Test.

When finished with this topic, click the button Save Pre-and Post Test Questions.

This demonstration has already selected questions for the Pre- and Post-Tests. You can review these questions below. Click here to continue.

Topic: Investing

 Lesson: Setting Short-Term Goals (Optional)Pre-TestPost-Test
1.You shouldn't start writing a list until you have all your goals in order.
2.Eight or 10 short-term priorities makes a good number to start with.
3.The length of time to reach a short-term goal should always be set in months or years rather than pegged to particular events.
4.Goals need to be adjusted to meet real conditions.
5.The thing that lasts the longest often has the most value.
6.Buying what you want right away will solve most of your problems.
7.You will seldom have to compromise with your family members.
8.Trendy items have lasting value because everybody likes them.
9.The more lottery tickets you buy, the better chance each ticket has of winning.
10.Short-term goals are not final destinations.
 Lesson: Setting Long-Term Goals (Optional)Pre-TestPost-Test
1."Long-term" refers only to goals that last for your lifetime.
2.Your whole family should help set long-term financial goals.
3.Your parents' advice will be of little use because the world has changed so much in recent years.
4.Keeping more than one goal in mind helps you plan flexibly.
5.You need to add practical details to keep your goal realistic.
6.Keeping track of inflation is too confusing to bother with.
7.If you have a plan for what to do if your goal cannot be reached, it will just make you unhappy.
8.Admitting that you have trouble keeping commitments is too negative an approach to consider.
9.Focusing all your hopes and money on one goal may leave you stranded if conditions change radically.
10.Even long-range financial goals and plans need regular maintenance.
 Lesson: Keeping Financial Records (Optional)Pre-TestPost-Test
1.Only a high-priced accounting program is worth buying to keep your financial records.
2.Banks and other businesses can provide free calendars.
3.Most bookkeeping programs for home use are hard to learn.
4.All filing of records should be alphabetical.
5.It's worth taking the time to keep your records clear of irrelevant junk.
6.Electronic receipts are fine for record keeping as long as you keep backup copies.
7.Receipts should be kept with warranty information.
8.Problem files are ones that fall out of their folders.
9.A person who has your PIN can usually access your account.
10.Asking for your PIN over the phone is standard routine for banks.
 Lesson: Financial Planning (Optional)Pre-TestPost-Test
1.College costs include more than tuition, room, and board.
2.Houses and apartments cost the same in almost all neighborhoods.
3.Your family costs will remain constant throughout life, except for rising prices.
4.Health care is one of the most difficult and confusing areas to plan for.
5.You needn't worry about taxes because they are all taken out of your paycheck.
6.Life insurance is the only kind of insurance most people need or use.
7.Retirement planning should start now.
8.All your travel expenses are included in your tour package.
9.There is nothing you can do to prepare for losing your job.
10.Financial planning is something you should do daily.
 Lesson: Planning for Retirement (Optional)Pre-TestPost-Test
1.You should start planning for retirement when you reach the age of 50.
2.Your family's health history may affect your costs of retirement.
3.Pension plans today are more secure than ever before.
4.Retirement plans are unaffected by changes to tax regulations.
5.Regulations governing retirement plans may allow you to add extra money beyond your employer's contribution.
6.The cost of a retirement home does not depend on where you live.
7.The percentage change in inflation is easily predictable.
8.As your family grows, you will need to adjust your retirement plan.
9.Because everyone likes Social Security, it is exempt from political controversy.
10.Changes in your job may affect your retirement plan.
 Lesson: Planning for Later Years (Optional)Pre-TestPost-Test
1.Retirement plans are all you need to provide a secure financial future for your family.
2.A local, reputable lawyer is often the best bet for planning your will and estate.
3.Once your will has been drawn up, there is no need to change it.
4.An executor is someone who puts murderers to death.
5.You should make a plan to grant power of attorney even if you are healthy.
6.Planning your estate is the same as writing your will.
7.The government limits the amount of untaxed gifts.
8.Trust funds are complicated and require working with a lawyer.
9.Once your estate is planned, you can stop keeping financial records.
10.You should review your estate regularly even if you do not expect to change how it is controlled.
 Lesson: Planning for the Unexpected (Optional)Pre-TestPost-Test
1.There is no good way to plan for unforeseen circumstances.
2.Lists are valuable tools for financial organization.
3.The worst risks are those that get the most news coverage.
4.A family health history can help prepare for unexpected sickness.
5.One savings account will usually be enough for all your needs.
6.Liability insurance is necessary only if you have a business.
7.It is important to understand how mortgages and other long-range loans are structured.
8.Only stolen credit cards need to be reported. If you lose one, it isn't that important.
9.You should keep the product sales slip attached to its warranty.
10.Your risks can change when you change where you live or work.
 Lesson: Possible Investment Opportunities (Optional)Pre-TestPost-Test
1.The ups and downs of the stock market are easily predictable.
2.You do not have to pay federal taxes on the profits from some bonds.
3.Mutual funds act as a middle person between you and the stock market.
4.It never pays to try to make money from fixing up a house.
5.Collectors already know where to find all the items they are looking for.
6.You have to be dead for any life insurance to pay off.
7.Precious metals are one of the easiest forms of investment.
8.A country's money continually changes in value relative to that of other countries.
9.Investing in new businesses never makes anyone much money.
10.Patents protect both inventors and investors.
 Lesson: Pitfalls of Investment (Optional)Pre-TestPost-Test
1.You shouldn't rush to invest without proper background information.
2.What you don't know about an investment company can't hurt you.
3.You should change your investments at least once a week.
4.Restrictive agreements can tie up your money.
5.You should always follow the advice of people who have more expertise than you do.
6.It helps to keep track of your investments on a regular schedule.
7.You can never check on your investments too often.
8.Investments that look too good to be true usually are.
9.It's usually best to get out of a continually losing investment.
10.The most successful investors are people who can't stand to lose money.
 Lesson: Consulting a Financial Advisor (Optional)Pre-TestPost-Test
1.Your bank is often a good place to go for financial advice.
2.Advisors who promise huge returns are the ones to trust.
3.All online investment sites are equal.
4.You should let your advisor know how you feel about risk.
5.You will always be given a sheet that explains all costs of an investment.
6.Advisors make most of their money from the fees you pay them for advice.
7.You shouldn't always agree to the first suggestions made on an investment.
8.It pays to go for the highest-return investments every time.
9.Even the experts can't always predict an economic downturn.
10.Advisors know better than you do, so you should just do what they say.