FINANCIAL EDUCATION

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

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

• Ingredient cost

• Unexpected cost

• Tool depreciation

• Profit

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.

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

• Required budgeted production

• Materials

• Rate

• Workforce hours

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

Companies in the TERTIARY sector are those that ...

• Obtain resources

• Transform raw materials

• Offer services

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

The financial function consists of ...

• The investment

• Financing

• The capture of resources

• The allocation of resources

In finance, the cash inflow into business cash is ...

• An income

• A charge

• A Spending

• A payment

What is the correct formula for saving?

• Savings = income + expenses

• savings = income - expenses

• saving = expenses - saving

• saving = income + saving