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WorksheetsConsumer Mathematics: Financial Management Form 4
Total questions: 10
Worksheet time: 25mins
Based on the SMART concept, what is the meaning of Specific?
Have a specific goal
Goal is attainable
Have a fixed time-bound
Measurable
Which of the following is a long-term financial goal?
Buy a house.
Invest shares in Bursa Malaysia.
Buy the latest model of Apple smart phone.
Vacation in other country for 10 days.
Which of the following is an active income?
Dividend
Interest
House rental
Commission
Hasnah wants to buy a refrigerator costs RM2 300 in 5 months. Calculate the amount of money she need to save each month.
RM360
RM420
RM460
RM480
Encik Roslan works as a music teacher at a private school. He earns RM5 000 a month. The table beside shows the monthly expenditure of Encik Roslan. Calculate the monthly cash flow of Encik Roslan.
RM1 450
RM1 350
RM1 150
RM1 050
I Insurance
II Emergency Fund
III Savings and Investments
IV Debt Management
Based on the above, which should be included into financial plan?
II, III and IV
I, II and III
II and III
I, II, III and IV
The following are factors that may affect feasibility of a long-term financial plan except
government policy
insurance
interest rate
inflation
The information at the side shows Kathy's incomes in October. Determine the active income of Kathy in that month.
RM2115
RM5380
RM5430
RM7495
The informations shows the total incomes and total expenditures of Justin, Jun Hong and Latif in a month. State who have positive cash flow.
Justin
Jun Hong
Latif
Jun Hong & Latif
Mr. Kamal receives monthly net salary of RM4300 and monthly travel allowance of RM100. He sets a fixed saving of 15% from his monthly total incomes. The information below shows the monthly expenditures of Mr. Kamal. Given that the monthly net income of Mr. Kamal is RM1340, find the value of x.
800
950
1020
1890
