Q1. Which of the following statements about risk and decision-making styles would least likely appear in a personality typing questionnaire?
A) I do not like contact sports, like football. B) I typically lose sleep when the market is down. C) My favorite subject in school was mathematics.
Q2. Which of the following statements about personality typing for individual investors is TRUE?
A) An ad hoc approach to personality typing is to administer a short questionnaire. B) It is difficult to render precise categorizations of broad groups of investors. C) Subjective assessments of investors are easy to standardize.
Q3. Most of the short questionnaires used by investment professionals to determine client risk tolerance levels consist of:
A) comments about investment scenarios. B) comments about non-investment scenarios. C) questions that focus on how the individual would deal with the professional if he/she lost their money.
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