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WorksheetsScams and Investing Quiz Y10
Total questions: 10
Worksheet time: 8mins
Which of the following is NOT a form of personal income?
Salary received from a job
Money received from business transactions
Dividends from shares owned
Centrelink payments
(a) is a type of income based on the amount of hours a person works and is paid weekly or fortnightly
A dividend is when
A person is paid a percentage of the value of goods sold plus a retainer
Money is paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
A company distributes a portion of its profits to its shareholders (equities)
You are paid a set amount of money based on one year of work
In general, what is NOT considered a reason income varies?
Education levels
The party in government
Location
The number and type of assets owned
Determine whether Julian is risk-tolerant:
Julian has $100 000 to invest but the thought of losing any of it means he can’t even sleep at night.
Julian IS risk tolerant
Julian IS NOT risk tolerant
(a) are traps to dishonestly take a person's money
How much money did Australians lose to scammers in a year as of the most recent estimates (2022)?
$3billion
$300million
$3million
$300,000
Romance scams are one of the most financially harmful in Australia
True
False
Which of the following is a scam?
Taxation
Online investing platforms
Employment agencies
Extortion
The Australian ___________ and Consumer Commission is Australia's ___________ regulator
(a)
