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#16 Finance knowledge is important to promote diversity in economic activities by making community development and investment decisions to avoid opportunities for investments that benefit marginalized communities. Finance knowledge is important to promote diversity in economic activities by making community development and investment decisions to avoid opportunities for investments that benefit marginalized communities.

True False

#17 In the context of equitable resource allocation, understanding finance benefits organizations and governments by using data-driven approaches to allocate resources fairly and address specific needs.

True

False

#18 Why is understanding finance important for improving diversity, equity, and inclusion (DEI)?

A) To promote pay disparities based on gender and race

B) To exclusively focus on financial profit

C) To advance inclusive hiring and compensation practices

D) To eliminate the need for DEI efforts

#19 Understanding finance is unimportant in your community to allocate resources efficiently and drive economic development, promoting the well-being of residents.

True

False

#20 Finance knowledge contributes to community development and revitalization efforts by fostering economic diversity, creating job opportunities, and enhancing the quality of life in the community.

True

False

#21 How can understanding finance contribute to community development and revitalization efforts?

A) By fostering economic diversity, creating job opportunities, and enhancing the quality of life

B) By eliminating the need for investment

C) By discouraging strategic planning and investment

D) By neglecting the local economy

#22 Understanding finance is not important in securing funding for critical infrastructure projects and plan for maintenance, ensuring the community's well-being.

True

False

#23 A lack of finance knowledge in a community can affect infrastructure investment and maintenance by exacerbating traffic congestion and compromising public safety.

True

False