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PERSONAL FINANCIAL MANAGEMENT - REGIONAL 2016
ANSWER KEY
Page 1 of 3
PERSONAL FINANCIAL
MANAGEMENT (165)
REGIONAL – 2016
Multiple Choice:
30 @ 2 points each _____________ (60 points)
Short Answer:
16 @ 5 points each (80 points)
TOTAL POINTS ____________ (140 points)
Judges/Graders: Please double check and verify all
scores and answer keys!
Property of Business Professionals of America.
May be reproduced only for use in the Business Professionals of America
Workplace Skills Assessment Program competition.
PERSONAL FINANCIAL MANAGEMENT - REGIONAL 2016
ANSWER KEY
Page 2 of 3
Multiple Choice – 2 points each
1. C
16. C
2. A
17. C
3. B
18. A
4. C
19. A
5. D
20. D
6. D
21. B
7. A
22. B
8. B
23. D
9. B
24. C
10. A
25. D
11. D
26. D
12. D
27. A
13. C
28. A
14. D
29. B
15. A
30. A
Short Answer – 5 Points each
1. 49.44
2,521.44
PERSONAL FINANCIAL MANAGEMENT - REGIONAL 2016
ANSWER KEY
Page 3 of 3
2. 25.00
140.00
3. 173.85
92.60
4. 273.75
109.50
5. 20.00
95.00
6. 176.50
10.2%
7. December 16
5,116.67
8. 52,679.00
42,529.00
