Badu (second session)

What is a cashflow statement?

• It tells you how much a business over a year period

• A financial statement that summarises the amount of cash flowing into and out of a company

• a magical number that reveals the total value of all goods and services produced within the borders of a nation during a specific time period

• a standardised way of expressing the cost of borrowing over a year, incorporating both the nominal interest rate and any additional fees or costs associated with the loan.

In the UK, in which month does the fiscal year begin?

• January

• March

• July

• December

Which of the following will not affect your credit score?

• Being registered to vote

• Checking your existing credit score

• Making regular payments by direct debit

• Missing a payment on an existing debt

Imagine you are buying apples, which of the following represents the best deal in terms of price per apple?

• 2 apples for £3

• 12 apples for £9

• 6 apples for £5

• 1 apple for £1

Which UK city has the best financial literacy?

• Newcastle

• Norwich

• Sheffield

• Southampton

This year the personal allowance is 12570, what is this

• The amount you can pay into an ISA each year?

• The max amount you can pay into a pension each year?

• The amount of money you can earn each year, before you have to pay income tax

• The amount of money you can make in an entire year

Name me all companies in the Big Four

• • Deloitte

  • PwC

  • Ernst & Young.

  • KPMG

• KPMG

  IBM

  EY

  PwC

• Cognizant

  PwC

  Accenture

  AVIVA

• Accenture

  PwC

  Deloitte

  Barclays

Which two companies did a merger on the 12th June 2023?

• A&O and Shearman

• Argos and Sainsbury's

• UBS and Credit Suisse

• BMW and Rolls-Royce

Products that save you from unforeseen events are known as?

• A deposit product

• A pension product

• A preparation product

• An insurance product

Which organisation is responsible for financial services education for consumers?

• Office of Fair Trading

• Financial Ombudsmen Service

• Financial Services Authority

• Citizens Advice bureau