1. (TCO 1) The stages that an individual goes through based on age, financial needs, and family
situation is called the:
financial planning process
budgeting procedure
personal economic cycle
adult life cycle
tax planning process
2. (TCO 1) A lack of willingness to accept a variety of employment positions is a common career
planning mistake associated with weak:
common sense.
communication.
training.
flexibility.
perseverance.
3.(TCO 1) The abilities to work well with numbers, possess problem-solving skills, and have
physical dexterity are examples of:
interests.
survival skills.
aptitudes.