LIBF Financial Capability Unit 2 MCQs 1
Authored by Mark Newton-Hill
Life Skills, Other
10th Grade - Professional Development
Used 8+ times
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35 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a 'want'?
Jewellery
Food
Shelter
Water
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of an aspiration?
Getting a good job.
Buying some new trainers.
Going to the cinema.
Obtaining the latest mobile phone.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An investment, when compared to a savings product, is generally:
more risky but can bring in a higher return.
less risky but always brings in a lower return.
less risky but can bring in a higher return.
more risky but always brings in a lower return.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Advertising can carry:
both explicit and implicit messages.
explicit messages only.
implicit messages only.
neither explicit nor implicit messages.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following helps people to decide their general approach to financial matters?
Values
Perceptions
Beliefs
Attitudes
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A budget is a personal financial plan that usually covers a period of:
one month
four weeks
three months
six months
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The table below shows a family's budget. Calculate the disposable income.
345
-345
2467
2861
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