
Your Personal Finances
Authored by Matthew Evans
Other
9th - 11th Grade
Used 28+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many denominations of coins are there in the UK?
6
7
8
9
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When money is stored in a bank or building society, why is there an electronic balance available?
Because paper is too expensive
Printing on paper takes too much time for bank staff.
So customers have a record of deposits they have made.
To save on postage costs.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a feature of money?
It can't be transferred from one account to another online.
It is accepted as payment for certain products only
It is always worth the same amount.
You can withdraw money online.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Molly is aged 15. How many hours is she legally allowed to work, if any?
None.
No more than two hours on a school day.
No more than eight hours per day
She can only work if she is an actor.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term is used to describe the earnings of a person who is paid a yearly rate?
Interest
PAYE
Salary
Wages
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money someone can earn before they have to pay tax is known as:
income tax
National Insurance
pay as you earn.
personal allowance
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tom's elderly aunt has just died and left him some money. This is known as:
a beneficiary
a will
an estate
an inheritance.
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