Birmingham-Bessemer Youth Ministries Financial Literacy Program · Unit 1
Not yet graded
Unit 1 Assessment

Overview of
Financial Management

Brigham-Houston Ch. 1 · Goals, Agency & Ethics · 2-Week Unit

100 Points Total
4 Sections
20 Questions
Auto-graded · Rubric Included
Business Goal Short-Term Focus Long-Term Focus
Profit Maximization Maximize current earnings May sacrifice growth investments
Wealth Maximization Maximize stock price today Maximize intrinsic value over time
Stakeholder Value Balance all stakeholders Sustainable community impact
ESG-Centered Social & environmental metrics Long-run reputation & compliance
—
out of 100 points
—
Section 1
—/40
Multiple Choice
Section 2
—/20
True / False
Section 3
—/20
Short Answer
Section 4
—/20
Extended Response
⚠ Section 3 & 4 scores are teacher-assigned. Use the rubric selectors below, then scores will update automatically.
1
Multiple Choice
Select the best answer for each question
2 pts each · 40 pts
Click the letter of the best answer. Each question is worth 2 points.
2
True or False
Click TRUE or FALSE for each statement
2 pts each · 20 pts
Select TRUE or FALSE for each statement. Each is worth 2 points.
3
Short Answer
2–4 complete sentences · Teacher-graded with rubric
5 pts each · 20 pts
Answer in 2–4 complete sentences. Use vocabulary from the unit. Rubric selectors appear after grading.
4
Extended Response
Well-organized paragraph · Teacher-graded
20 pts
Write a well-organized paragraph of at least 8 sentences. Use and underline vocabulary from this unit. Graded by your teacher using the rubric below.
35 A local nonprofit organization in Birmingham-Bessemer is deciding how to set its financial goals. Some board members want to focus on profit maximization; others argue for stakeholder value or an ESG-centered approach. Write a well-developed paragraph arguing which financial goal framework is most appropriate for a community-serving nonprofit. Use at least three unit vocabulary terms, address the agency problem, and explain how ethics and transparency should guide the organization's decisions. Support your argument with reasoning from the unit.
📋 Teacher Scoring Rubric
Criterion Excellent (Full) Proficient (Partial) Developing (Minimal) Score
Goal Framework Argument Clear, well-reasoned argument for one framework with evidence Framework chosen but reasoning is thin or inconsistent No clear framework chosen or major misconceptions /6
Vocabulary Use 3+ unit terms used accurately and underlined 2 terms used accurately 1 term or used inaccurately /5
Agency & Ethics Agency problem explained clearly; ethics/transparency directly addressed One of the two addressed; the other missing or vague Neither meaningfully addressed /6
Writing Quality Well-organized, 8+ sentences, no major errors Mostly organized, 5–7 sentences, minor errors Disorganized, under 5 sentences or major errors /3
Extended Response Total: — / 20

Ready to Grade?

Sections 1 & 2 auto-grade instantly. Use the rubric selectors for Sections 3 & 4.