CFG Aging Process & Psychological Aspects

Question 1

What is a common psychological change associated with aging?

Accepted Answer

Mild memory decline

Answer

Severe dementia

Answer

No cognitive changes

Answer

Increased intelligence

Question 2

Which psychological theory explains aging as a process of life review?

Accepted Answer

Erikson's psychosocial theory

Answer

Behaviorism

Answer

Psychoanalysis

Answer

Cognitive theory

Question 3

What psychological aspect commonly affects older adults’ financial decisions?

Accepted Answer

Risk aversion

Answer

Impulsive behavior

Answer

High risk tolerance

Answer

No impact on decisions

Question 4

Which factor contributes to social isolation in aging?

Accepted Answer

Loss of relationships

Answer

Active social life

Answer

Improved mobility

Answer

Increased social opportunities

Question 5

What is 'successful aging'?

Accepted Answer

Maintaining well-being

Answer

Declining health only

Answer

Avoiding social contact

Answer

Complete dependency

Question 6

Which mental health issue is common among older adults?

Accepted Answer

Depression

Answer

Schizophrenia

Answer

Bipolar disorder

Answer

No mental health issues

Question 7

How does cognitive decline affect financial management?

Accepted Answer

Reduces decision-making ability

Answer

Improves decision-making

Answer

No effect

Answer

Increases risk-taking

Question 8

What role does social support play in aging?

Accepted Answer

Supports mental health

Answer

Increases isolation

Answer

Reduces quality of life

Answer

No impact

Question 9

Why is understanding psychological aspects important for financial gerontologists?

Accepted Answer

Provide tailored financial advice

Answer

Ignore client emotions

Answer

Use one-size-fits-all approach

Answer

Avoid client interaction