Unit 3: Personal Business Balance Quiz

What is the total duration of the written examination for Unit 3?

• 1 hour

• 1.5 hours

• 2.5 hours

• 2 hours

Which section of the exam is more heavily weighted?

• Neither

• Both are equal

• Personal Finance

• Business Finance

Why is managing personal finances considered important?

• It helps in business growth

• It is required for tax purposes

• It is essential for lifelong financial stability

• It is a legal requirement

What is one of the topics covered under personal finance?

• Accounting

• Mortgages

• Business loans

• Investment strategies

Which topic is related to business finance?

• Cash flow forecasts

• Insurance

• Current accounts

• Personal savings

How much time is advised to spend on the personal finance section during the exam?

• 60-65 minutes

• 30-35 minutes

• 40-45 minutes

• 50-55 minutes

What type of questions can be expected in the business finance section?

• Scenario-based

• Multiple choice

• Fill in the blanks

• True or false

What is one recommended study habit for achieving a distinction?

• Relying solely on class notes

• Studying only before exams

• Reading the BTech book for 15 minutes daily

• Ignoring practice assessments

What should students do if they don't have access to the BTech book?

• Rely on online resources

• Buy a different book

• Pester teachers for access

• Ignore it

What is a suggested method for revisiting topics before the exam?

• Attend extra classes

• Read new books

• Ignore past topics

• Watch and re-watch video tutorials