This course is Public Finance

SECTION D: STATE WHETHER THE FOLLOWING STATEMENTS ARE TRUE OR FALSE 38. By saving and investing, an individual would be able to have a financially responsible life True/ False 39. Budgeting answers expenditure and saving plans. True/false 40. The most important stage of financial planning is when an individual defines his/her financial goals True/false 4. Being consciousness is a key component in career planning as our interests keeps evolving over time. True/false 12. Adding a resume to a job application is a must True/false 43. A financially literate individual will definitely attain financial success True/false 4. In personal finance, we do not have deadlines on our finances and that accounts for some common money mistakes we make True/false 45. The desired phase of the economy is the trough because it possesses the capacity for investment. True false 4. When families manage their financial resources well, they can survive every shock in the economy True false 47. Putting in place and ensuring that financial goals are achieved constitutes financial management True false 48. The most unfortunate financial problems we face in life are mostly caused by non-our financial behaviors. True/false 49. The interest we carn, the amount we have in our account or at hand and the period of time are all variables that could determine the Time Value of our money True false so. Time Value of Money records that monies received yesterday are not the same as those received today or tomorrow True false