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BUSN 380 Week 4 Quiz Set 1
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Question 1. Question : (TCO 5) Which of the following statements is
false?
No one is going to make you save the money; you need to start a
program.
To be useful, investment objectives must be very specific.
Investment goals can be different for each individual.
Because investment objectives deal with the future, it is useful to plan
more than 5 years in the future.
A long-term investment objective involves a time period of 2 years or
less.
Question 2. Question : (TCO 5) Good advice for a potential investor
starting an investment program includes all but which of the
statements below?
Work to balance your budget.
Increase credit purchases and make installment payments in order to
increase cash available for investing.
Establish specific and measurable investment goals.