FINANCIAL EDUCATION

FINANCIAL EDUCATION

University

10 Qs

quiz-placeholder

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FINANCIAL EDUCATION

FINANCIAL EDUCATION

Assessment

Quiz

Professional Development

University

Practice Problem

Hard

Created by

Wilmar Cifuentes

Used 56+ times

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10 questions

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1.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Media Image

What is the necessary condition to create a company?

To cover a necessity in the market

To have a business idea and believe in it.

Existence of a dissatisfied demand

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

It is the amount of money you will earn for a product sale...

Ingredient cost

Unexpected cost

Tool depreciation

Profit

3.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Media Image

What is the importance of SAVING?

It allows to have an incentive to be used in a certain time

To dispose Immediately of our source of income

It leads us to know how to separate our money and use it in an emergency

There are not benefits for saving.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which of the following points is NOT required in the Workforce budget?

Required budgeted production

Materials

Rate

Workforce hours

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

It is a reserve that is saved or cared for in the present to spend it or invest it in the future...

Budget

Investment

Saving

Goals

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Companies in the TERTIARY sector are those that ...

Obtain resources

Transform raw materials

Offer services

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which of following is NOT a budget purpose?

Predict the future growth of the organization

Coordinate the various activities and tasks of the company

Motivate employees

Pay less taxes

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