WHAT DO YOU KNOW ABOUT FINANCE?
Authored by Rizza Villegas
Other
University
Used 2+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
People’s income depends on their education, career choices, economic conditions and the investments they make.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
How much money a person needs will depend on the lifestyle a person chooses.
TRUE
FALSE
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fixed expenses are more important than variable expenses when tracking the amount of money you spend.
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accurate recording of expenses helps people to plan for their needs and wants.
TRUE
FALSE
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
People with very high incomes don’t need a budget.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A budget should include your personal income and expenses.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you buy term deposits, savings bonds or treasury bills, you can earn higher returns than on a savings account, with little or no added risk.
TRUE
FALSE
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