Finance

10) HOW IMPORTANT is money?

• VERY IMPORTANT

• MORE OR LESS IMPORTANT

• IT'S NOT IMPORTANT

These are principles in recording finance data

• Source of fund and how it is applied

• Types of data input i.e. historical and estimate

• Alphabetical order

• Transaction types i.e. cash and credit term

These are some of the tools used in financial control:

• SWOT analysis

• Breakeven analysis

• Cost-benefit analysis

• Leverage analysis

Determine the present value of an annuity of $3200 per year for 8 years invested at 4.5% pa. In the context of the question explain the present value.

• 3

• 2 and 3

• 4

• 2 and 4

Who directed the 1978 film Halloween?

• John Carpenter

• Alfred Hitcock

• Clive Barker

• Steven Spielberg

How long, in years, must you wait to receive a total amount of 300,000 pesos if you invested 250,000 pesos in a savings account that pays 2.25% interest rate compounded daily?

• 7.89 years

• 7.98 years

• 8.10 years

• 8.17 years

After 10 years, how would our society be like?

• Industrial society

• Cashless society

• Divided society

• Agricultural society

Trudy invested her superannuation of $295 000 in an annuity that will pay her interest at the rate of 5.92% pa, compounding monthly. Trudy will withdraw a monthly payment of $3900 from this investment. What will the balance of Trudy’s investment be worth after 12 years?

• 2 and 4

• 3

• 4

• 2 and 3

9) Choose the image that illustrate how people “BUY” THINGS IN THE PAST:

• 
• 
• 

These are important areas when planning a business, except for

• Cash

• Government

• Cash

• Revenue