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PARC FL Group Flashcards | StudBud
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PARC FL Group
PARC FL Group
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7 plays
FL Group Quiz
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What is one piece of ID that you can Not can use to open a bank account ?
Driver Licence
Student Card
Canadian passport
Certificate of Canadian Citizenship
2
What does the acronym S.M.A.R.T stand for ?
Specific, Measurable, Assignable, Realistic & Time-relate
Specifif, Measureable, Agreed upon, Realistic & Time Bound
Specific, Maintainable, Available, Reasonable & Timely
Special, Meaningful, Assertive, Real, Timely
3
What is an NSF ?
Not Supported Funding
Not Sufficient Funds
No Simple Friends
Not Supplied Foundation
4
You can withdraw money from your RRSP without being taxed for 2 reasons ?
To buy your first home & to pay for education
To buy a second home and pay off your mortgage
To pay for new J's and a new whip
To pay for first and last months rent
5
True or False , The bank has the right to refuse you a bank account ?
True
False
6
What does the "b" word stand for ?
Bain
Beyonce
Beep
Budget
7
What does CCP stand for ?
Canadian Pension Plan
Canadian Play Plan
Canadian Coin Payment
Canada Citizen Plan
8
What should you do with your paystub ?
Give it away
Save it
Sell it on KIJIJI
Throw it out
9
The most that you can save in a TFSA in one year is?
$5000
$1000
$2500
$2000
10
What is Financial Literacy ?
All of the Above
Understanding how the financial system works
Having knowledge and skills to make finincail decisions
Budgeting/Saving Money
