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Business Finance

This document contains a 50-item quiz on business finance concepts. The quiz covers topics such as personal financial management, budgeting, investments, savings, and career planning. Students are asked multiple choice, true/false, and matching questions related to financial terms and best practices. They are also asked short answer questions about future investment goals, the importance of financial planning for youth, and personal career aspirations for the next 10 years. The quiz evaluates students' understanding of fundamental financial literacy principles.

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Mary May Blancia - Garcia
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13 views

Business Finance

This document contains a 50-item quiz on business finance concepts. The quiz covers topics such as personal financial management, budgeting, investments, savings, and career planning. Students are asked multiple choice, true/false, and matching questions related to financial terms and best practices. They are also asked short answer questions about future investment goals, the importance of financial planning for youth, and personal career aspirations for the next 10 years. The quiz evaluates students' understanding of fundamental financial literacy principles.

Uploaded by

Mary May Blancia - Garcia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Republic of the Philippines

Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

SECOND QUARTER EXAM


Business Finance

NAME ________________________________GR.&SEC.___________

For items 1 – 10, write A if the statement is correct and B if otherwise.


___ 1. People with low incomes have more difficulty managing money than people
With high incomes.
___ 2. Personal financial statements, such as the income statement and balance
sheet, are just a lot of busywork and have more value for the person with a
lot of money.
___ 3. The best investments are a house and a savings account, which are all that
everybody really needs.
___ 4. A good financial plan will prevent anyone from enjoying life.
___ 5. Budgeting has been a nightmare for everyone.
___ 6. Financial planning has specific techniques that will be effective for every
individual.
___ 7. Inflation reduces the buying power of money.
___ 8. Planning to buy a house is an example of an intangible goal.
___ 9. Opportunity costs refer to what a person gives up when making a decision.
___ 10. Most decisions have only a few alternatives from which to choose.
___ 11. One of the major assumptions in investment is that investors base their
decisions strictly on expected return and risk factors.
___ 12. Real estate is an asset class that typically has little or no correlation
with stocks.
___ 13. The decision to establish an investment plan is an important first step to
accomplishing your financial goals.
___ 14. An emergency fund is a certain amount of money that can be obtained
quickly in case of immediate need.
___ 15. The rate of return on an investment does not affect a long-term investment
program.

For items 16 -25, match column A to column B. Write the letter of your
answer beside the number.

A B

___ 16. A money saved in a bank A. Time deposit


which earns minimal amount
and its not best option in long-
term growth.

Email Address: [email protected]


Facebook Account: https://www.facebook.com/SibatoIS2017
Contact Numbers: 09985373512
“Batang IP nga Kampyon: Abilidad kag Kinaadman Pauswagon, Ipadayon paagi sa Kalidad nga Edukasyon!”
Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

___ 17. An investment in a bank that earns B. savings account


A higher rate of interest but in a fixed
Term, i.e. 30 days, 60 days, 90 days.
___ 18. A managed fund is a financial product C. Shares of stocks
That buys several shares and other
Investment.
___ 19. An investment is like buying a small D. Mutual funds
Part of the company makes money,
It will be shared through dividends.
___ 20. Issued by a government, or by a E. Real estate
Company with a profitable track record.
___ 21. It is the safest investment among other F. Bonds
Investment
___ 22. A financial roadmap that allows anybody G. Emergency Fund
To live within their means
___ 23. Amount of money saved for “ rainy days” H. Budget
___ 24. Living within the available resources I. Credit cards
Will limit unnecessary obligations
___ 25. Buying things thru cashless transactions J. Limiting incurring a liability

For item 26 – 35, choose your answer from the words inside the
parenthesis and write it in the blank.

26. With the technology nowadays, an ______________ with the employer’s bank
for savings deposit at a fixed amount each payday.
(automatic savings, time deposit)
27. A ____________ with a different from a primary checking account will help in
avoiding buying unnecessary things.(savings account, separate savings account)
28. Create a separate bank account for ____________.
(various saving goals, leisure activities)
29. Keeping ____________ in an empty jar or used coffee can is a good start for
saving money though it seemed outdated. (loose change, loose money bills)
30. Fees for ________________ which are exorbitant can be avoided by not issuing
a check without sufficient bank balance. ( bounced checks, zero investment)
31. Debit or credit card should not used for daily expenses. This will limit the
spending as expenses will be ________. ( paid in cash, paid thru gcash)
32. _________ by keeping every receipt will give information about where the
money goes every month. It will be surprising to know that there are expenses
which are too much unwanted. (tracking expenses, avoid impulse purchases)
33. Supermarkets provide big carts instead of baskets only to encourage to fill in
With goodies that may not be necessary or excessive.
( Avoid impulse purchases, tracking expenses)

Email Address: [email protected]


Facebook Account: https://www.facebook.com/SibatoIS2017
Contact Numbers: 09985373512
“Batang IP nga Kampyon: Abilidad kag Kinaadman Pauswagon, Ipadayon paagi sa Kalidad nga Edukasyon!”
Republic of the Philippines
Department of Education
REGION VI – WESTERN VISAYAS
SCHOOLS DIVISION OF SILAY CITY
SIBATO INTEGRATED SCHOOL

34. This card is supposedly granted to those who demonstrate responsible spending
and saving practices. ( credit card, loyalty card)

35. Payment of money for this type involves weekly, semi-monthly, monthly, and
per annum. (wages, salary)

For items 36-50, answer the following questions.

36-40. If you will go into investment, what is it and why?


41-45. As a youth, why is it important to be knowledgeable in planning
ahead? Justify.
46-50. In 10 years from now, where do you see yourself as a person?

Email Address: [email protected]


Facebook Account: https://www.facebook.com/SibatoIS2017
Contact Numbers: 09985373512
“Batang IP nga Kampyon: Abilidad kag Kinaadman Pauswagon, Ipadayon paagi sa Kalidad nga Edukasyon!”

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