Ujian Penilaian Sumatif Bahasa Inggris

What is the primary purpose of creating a budget?

• To spend all your money quickly.

• To track income and expenses.

• To impress your friends with your wealth.

• To avoid saving money.

• To accumulate debt.

Which of the following is considered a fixed expense?

• Entertainment.

• Groceries.

• Rent/Mortgage.

• Dining out.

• Clothing.

What is the benefit of having an emergency fund?

• To invest in high-risk stocks.

• To avoid paying taxes.

• To cover unexpected expenses.

• To buy luxury items.

• To lend money to friends.

What is the difference between 'needs' and 'wants'?

• Needs are unnecessary expenses, and wants are essential.

• Needs are essential for survival, and wants are discretionary.

• Needs and wants are the same thing.

• Wants are always more expensive than needs.

• Needs are always fun, wants are never fun.

What does 'saving' money mean?

• Spending all your money immediately.

• Setting aside money for future use.

• Borrowing money from others.

• Investing in risky ventures without research.

• Burning money.

What is the first step in financial planning?

• Investing in stocks.

• Creating a budget.

• Setting financial goals.

• Opening a savings account.

• Retiring.

Which of the following is a good strategy for managing debt?

• Ignoring overdue bills.

• Borrowing more money to pay off existing debt.

• Creating a debt repayment plan.

• Maxing out credit card.

• Spending all expendable income immediately.

What is the purpose of diversification in investing?

• To invest all your money in one high-risk asset.

• To reduce risk by spreading investments across different assets.

• To guarantee high returns.

• To avoid investing altogether.

• To only invest in very local business.

What is a primary benefit of using e-money or mobile payment apps?

• Increased risk of physical theft.

• Convenience and speed of transactions.

• Higher transaction fees compared to cash.

• Limited transaction history.

• No ability to track spending.

What is a 'QR code' often used for in mobile payment systems?

• To store physical cash.

• To transmit payment information quickly.

• To block internet access.

• To print physical receipts only.

• To create physical keys.