WorksheetsBusiness Finance Quiz 2 Quarter 1
Total questions: 15
Worksheet time: 54mins
The following are Personal Loan requirements for a banking institution EXCEPT
photocopy of at least two pieces of identification (front and bank such as passport, a driver’s license or a PRC ID
A photo copy of the latest BIR Form 2326 or W2 signed by employer’s authorized representative
Certificate of Business Registration with DTI
Original certificate of employment and Income issued in the last three months that indicates status, length of service and compensation
It is a customer’s ability to generate cash flow
Character
Capacity
Capital
Condition
It is the lending of money to another party in exchange for repayment.
Credit card
Loan
credit scoring
Lender
___________ is a periodic stream of equal cash flow at equal time intervals (annually, monthly, etc.)
Single amount
Mixed stream
Annuity
Annually
Amanda deposited ₱10,500 in producers bank with an interest rate of 6% for 1 year. What is the future value of deposited?
₱12, 186
₱12,816
₱11, 310
₱11, 130
____________ is a scenario when a single cash outflow is made and the total receipts will be at a single future date.
Annuity
Single Amount
Annually
Mixed stream
What is the present value of a 5-year annuity of ₱6,000 if the discount rate is 3%?
₱27,478.26
₱27,748.26
₱25,278.26
none of the above
This is a loan with schedules periodic payments that consists of both principal and interest
amortized loan
interest pay-out
dept payment
present value
It is a percentage of the principal amount which represents the cost or fee for borrowing or lending money.
interest rate
capital
principal amount
interest
Vina borrowed money to her friend, Marie, worth ₱15,000 with an interest rate of 5% in a year. How much is the interest of the borrowed money?
₱750
₱105
₱800
₱350
In a loan amortization, generally the principal portion of each payment ________ over the life loan.
fluctuates
increases
decreases
remains constant
The _________________ is the concept that the level of return to be earned from an investment should be increase as the level of the risk increase.
rate of return
risk-return trade off
trade-off
risk return
A monetary asset purchased with the idea that the asset will provide income in the future or will later be sold a higher price for a profit.
Investor
Financial Risk
Business Risk
Investment
It is simply a measure of probabilities intended to show the likelihood that a given investment will generate a positive return, and what the likely return will be.
Expected Risk
Business Risk
Financial Risk
Investment
It is a financial intermediary licensed to receive deposits and make loans and may also provide financial services such as wealth management, currency exchange, and safe boxes.
Banking Financial Institution
Non-Bank Financial Institution
Long-term loan
Short-term Loan
