Financial Planning
Quiz
•
Business
•
7th Grade - University
•
Practice Problem
•
Medium
Patricia Villena
Used 36+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is the process of creating a plan to spend your money.
Budgeting
Spending
Saving
Investing
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Paying a portion of the cost of a big asset to take a loan for the remaining amount.
Spending
Investing
Financing
Budgeting
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Spend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.
Planning
Spending
Financing
Investing
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It is the rent on the money you borrow.
Interest
Principal
Rate
Time
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
This refers to how much readily available cash you have on hand.
Budget
Savings
Liquidity
Risk
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