Future Life Quiz

Example Questions From the Test

• 1Nora places all of her long-term investments in one company because she knows its products well. What principle would most directly reduce company-specific risk?
  • Borrowing additional money to purchase more shares in that company.
  • Checking the company’s price several times each day.
  • Diversifying across different holdings rather than relying on one company.
  • Choosing investments only according to brands she personally uses.
• 11Sam aims to complete a professional certificate within six months. Which measure is the best leading indicator of progress?
  • The number of planned study sessions Sam completes each week.
  • The certificate’s final completion status after six months.
  • The job title Sam hopes to obtain several years later.
  • The number of certificates completed by Sam’s coworkers.
• 14Lee spends Saturday completing a course instead of accepting a paid shift. In this decision, what is the opportunity cost?
  • Only the original price charged for the course.
  • The pay and other benefits Lee gives up by not taking the shift.
  • Every expense Lee has incurred during the entire year.
  • The future value of the course, whether or not it helps Lee.