1) All open-end mutual funds

a) open up for investors to add new money at the end of each quarter

b) are priced based on the net asset value (NAV) of the fund

c) became popular in the 1920s

d) do not charge a commission

2) At the end of the year or with major events such as buying a new home, getting a new job, having a baby, or getting a raise, it is always a good idea to sit down and reassess your overall annual budget.

a) True

b) False

3)When should you review your budget?

a) Once a week

b) Once a month

c) Once a year

d) Whenever you can

4)To be successful in executing your financial plan, set aside specific times to reassess where you are and where you want to go, such as

a)schedule an annual budget review

b) when you complete your taxes, reassess your investments

c)on your birthday and at major life events, review your car, life, and health insurance needs

d)All of the options are correct.