Unit 3 Learning Aims A-F Knowledge

Unit 3 Learning Aims A-F Knowledge

12th Grade

72 Qs

quiz-placeholder

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Unit 3 Learning Aims A-F Knowledge

Unit 3 Learning Aims A-F Knowledge

Assessment

Quiz

Business

12th Grade

Medium

Created by

Kira Markham

Used 1+ times

FREE Resource

72 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a function of money?

Unit of account

Means of exchange

Store of value

Means of production

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor can influence the role of money?

Personal attitudes towards risk

Geographical location

Weather conditions

Dietary habits

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key features of the life stages in relation to money?

Financial needs and implications at each stage

Dietary requirements at each stage

Physical growth at each stage

Educational achievements at each stage

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a principle to be considered in planning personal finances?

To avoid getting into debt

To increase social media presence

To travel frequently

To invest in luxury items

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a type of card used for payment?

Pre-paid cards

Library cards

Identification cards

Membership cards

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of current account?

Standard

Packaged, premium

Overdraft

Student

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which financial product is specifically designed to provide short-term credit with high interest rates?

Credit cards

Payday loans

Mortgages

Personal loans

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