21
QuizMultiple Choice

Case Study: Personal Financial Planning

Question 21 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Joann has decided to purchase a new car. What should she do next according to the decision-making process?

Answer
A
Arrange for a car loan.
B
Choose a car color and style.
C
Visit a car dealership.
D
Research available cars for sale.

Explanation

After deciding to buy a car, Joann should gather information before choosing or acting. Researching available cars for sale helps her compare options and make an informed decision. Arranging a loan, choosing a specific car, or visiting a dealership can come later.

AI-written and checked against the verified answer.

Previous
Next