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Worksheets

Badu (second session)

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is a cashflow statement?

a)

It tells you how much a business over a year period

b)

A financial statement that summarises the amount of cash flowing into and out of a company

c)

a magical number that reveals the total value of all goods and services produced within the borders of a nation during a specific time period

d)

a standardised way of expressing the cost of borrowing over a year, incorporating both the nominal interest rate and any additional fees or costs associated with the loan.

2.

In the UK, in which month does the fiscal year begin?

a)

January

b)

March

c)

July

d)

December

3.

Which of the following will not affect your credit score?

a)

Being registered to vote

b)

Checking your existing credit score

c)

Making regular payments by direct debit

d)

Missing a payment on an existing debt

4.

Imagine you are buying apples, which of the following represents the best deal in terms of price per apple?

a)

2 apples for £3

b)

12 apples for £9

c)

6 apples for £5

d)

1 apple for £1

5.

Which UK city has the best financial literacy?

a)

Newcastle

b)

Norwich

c)

Sheffield

d)

Southampton

6.

This year the personal allowance is 12570, what is this

a)

The amount you can pay into an ISA each year?

b)

The max amount you can pay into a pension each year?

c)

The amount of money you can earn each year, before you have to pay income tax

d)

The amount of money you can make in an entire year

7.

Name me all companies in the Big Four

a)
  • Deloitte

  • PwC

  • Ernst & Young.

  • KPMG

b)

KPMG

IBM

EY

PwC

c)

Cognizant

PwC

Accenture

AVIVA

d)

Accenture

PwC

Deloitte

Barclays

8.

Which two companies did a merger on the 12th June 2023?

a)

A&O and Shearman

b)

Argos and Sainsbury's

c)

UBS and Credit Suisse

d)

BMW and Rolls-Royce

9.

Products that save you from unforeseen events are known as?

a)

A deposit product

b)

A pension product

c)

A preparation product

d)

An insurance product

10.

Which organisation is responsible for financial services education for consumers?

a)

Office of Fair Trading

b)

Financial Ombudsmen Service

c)

Financial Services Authority

d)

Citizens Advice bureau