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Financial Literacy Quiz

Authored by Pham HCM)

English

12th Grade

122 Questions

Financial Literacy Quiz
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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does 'Solvency' mean?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the definition of 'Catastrophe'?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'Operating cycle' in business?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is 'Current ratio' and how is it calculated?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are 'Direct materials' in the context of manufacturing?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is 'Direct labor' and who does it refer to?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are 'Variable overhead' costs and how do they vary?

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