Free Practice Question
CR · Critical Reasoning
605-655
Inference
In a recent survey about financial awareness among college freshmen, it was found that one-fourth of students report having "major financial obligations." These obligations may include paying for their own tuition, rent, or groceries. Additionally, another survey indicates that a significant issue with budgeting exists among college students. It reveals that 75% of freshmen have never participated in a financial literacy workshop, even though the same percentage of students have opened checking accounts, and half of these account holders have incurred overdraft fees.
Which of the following conclusions can be properly drawn from the statements above?
Which of the following conclusions can be properly drawn from the statements above?
Answer Choices
Sign in to reveal the correct answerA
A. Colleges should consider adding financial literacy workshops to their orientation programs.
B
B. At least one-fourth of college freshmen have part-time jobs to manage their finances.
C
C. The number of college freshmen with major financial obligations is less than the number of freshmen who have incurred overdraft fees.
D
D. All college freshmen who pay for their own tuition, rent, or groceries have major financial obligations.
E
E. Most college students do not have any financial obligations to their families.
Reveal the correct answer
Sign in for free to check your answer and unlock the full explanation.
Track your performance and improve
Get detailed analytics, unlock full explanations, and move up difficulty tiers as you practice.
Explanation
Unlock the full explanation
Create a free account to reveal the correct answer, see the step-by-step explanation, and start tracking your GMAT progress.
Comments
4
Sign in to join the discussion
왈
왈왈Mar 8, 2025
can you explain more?
Details
Difficulty
605-655
Type
CR