10CO Term 2 - Financial Literacy Review

Which of the following payment methods allows you to "buy now, pay now"?

Why is it important to prepare a cash budget?

Which of the following is an advantage of cryptocurrency (eg. BitCoin)?

Which of the following payment methods allows you to pay in installments?

Which of the following is a disadvantage of paying with a credit card?

Why is it important to diversify your investment portfolio?

I have a greater knowledge of financial literacy and I am now a more informed consumer:

Which of the following is NOT a way that someone can become wealthy?

When people talk about saving money, they are usually talking about:

Which of the following is NOT your right as a consumer?

Which of the following is a SERIVCE?

This term is used to describe how much your dividend from shares might be:

Which of the following is NOT a real foreign currency? (For fun... good luck!)

Which of the following is considered the investment with the MOST risk?

Which of the following is NOT correct about interest?

Which of the following is a major risk of investing in property?

Which of the following payment methods allows you to "buy now, pay later"?

Which of the following payment methods allows you to "pay now, buy later"?

Which of the following is NOT your responsibility as a consumer?

Which of the following traits do shares and bonds have in common?

Which of the following does NOT appear in a cash budget?

Which of the following best describes the relationship between risk and reward?

Which of the following is NOT correct about debt?

Which of the following is NOT a common payment method?

Which of the following is a GOOD?

Andy wants to buy a car worth $10,000 but he only has $3,000 saved. Which credit option would be most appropriate?

Which of the following is NOT a function of money?

Which of the following is TRUE about superannuation?