n NISM Certifications
NSM General NISM
Medium

What is the core idea behind mental accounting?

Practice question from I-B3 Session 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    All money is treated equally

  2. Money is categorized differently based on purpose or emotion

    Correct answer

  3. C

    Investors focus only on returns

  4. D

    Investors avoid risk entirely

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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