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WorksheetsQUIZ 1 BASIC BUSINESS FINANCE
Total questions: 15
Worksheet time: 8mins
"Finance is the art and science of managing money"
KHAN & JAIN
BODIE & MERTON
FERRELL & HIRT
OXFORD DICTIONARY OF ENGLISH
Category of general finance, which deals with the revenue and expenditure patterns of the government and their various effects on the economy.
Private finance
Public finance
Personal finance
Business finance
The procurement and administration of funds with the view of achieving the objectives of the business.
Private finance
Public finance
Personal finance
Business finance
A system of exchange in which participants in a transaction directly exchange goods or services for other goods or services without using a medium of exchange, such as money.
Commerce
Bargaining
Barter system
Merchandising
Attribute of good money where people can carry or transfer it from one place to another
General acceptability
Stability of value
Portability
Cognizability
Attribute of good money where people can recognize the money and tell its value
General acceptability
Stability of value
Portability
Cognizability
Example of economic good;
Jewelry
Water
Air
Sunshine
The first recognized coinage in the Philippines circulated between the 9th and 12th centuries.
Piloncitos
Macuquinas
Columnarios
Spanish gold onza
Locals called these crudely-made coins "hilis-kalamay" due to its resemblance to flattened rice cakes.
Piloncitos
Macuquinas
Columnarios
Spanish gold onza
This coin also called "dos mundos" (two worlds)
Piloncitos
Macuquinas
Columnarios
Spanish gold onza
This coin officially valued at 16 silver pesos
Piloncitos
Macuquinas
Columnarios
Spanish gold onza
The first paper money circulated in the Philippines issued in 1851 by the country’s first bank, the El Banco Español Filipino de Isabel II.
Peso Fuerte banknotes
One peso note of the 1st Phil. Republic
Mickey Mouse money
Guerilla pesos
During World War II in the Philippines, the occupying Japanese government-issued fiat currency in several denominations; this is known as;
The Peso Fuerte banknotes
One peso note of the 1st Phil. Republic
Mickey Mouse money
Guerilla pesos
The emergency circulating notes
The Peso Fuerte banknotes
One peso note of the 1st Phil. Republic
Mickey Mouse money
Guerilla pesos
The person currently featured on the front side of a 50 peso bill.
Manuel Quezon
Manuel Roxas
Sergio Osmena
Benigno Aquino Jr.
