Personal Financial Sustainability

Question 1

Which of the following lending products will charge the highest interest rate?

Accepted Answer

C

Question 2

Mandatory expenditure:

Accepted Answer

A

Question 3

The government's annual Budget is:

Accepted Answer

C

Question 4

Planning for unforeseen events is known as:

Accepted Answer

C

Question 5

Sustainable personal finance is about:

Accepted Answer

A

Question 6

Which of the following is a type of low-cost personal pension?

Accepted Answer

B

Question 7

The first step in drawing up a new financial plan is to:

Accepted Answer

A

Question 8

In relation to the amount of money spent on small purchases people tend to:

Accepted Answer

B

Question 9

Cash-flow modelling software programmes are used for short-term, straightforward scenarios.

Accepted Answer

FALSE

Question 10

Long-term financial planning would take into account funding for:

Accepted Answer

B

Question 11

An investment trust is an example of a collective investment scheme.

Accepted Answer

TRUE

Question 12

The main providers of current accounts are:

Accepted Answer

A

Questions 12