If you want to purchase a cheese burger from a burger joint, how could you get it?

buy it with cash, buy it with credit

What is meant by money is divisible?

It can pay for small and large purchases

What are the 4 steps to preparing a budget

make goal, list income, list expenses, set aside saving

What is the primary market?

The first time shares have been floated

How do you (legally) get money out of the bank?

Use a credit or debit card, Transfer funds over the internet, Withdraw it at a teller or ATM

What is meant by disposable income?

Money available for spending and saving after tax

What is the secondary market

Shares are bought and sold between stock market investors

The price of shares at close of trade

Which of the following is NOT a good reason to budget?

To please your parents or partner

What does "fixed term" mean?

You can only pay the set amount, The rate stays the same for the period

what does EFTPOS stand for?

electronic funds transfer at point of sale

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8BE student quiz

20 termsStudBud Administration75 plays

business work term 4

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Questions 20

Answers

1
Withdrawing cash from a credit account is called...
Cash out
Cash deposit
Cash credit
Cash advance
2
What does the acronym PIN stand for?
Personal Identifier Number
Please Install Now
Personal Identification Number
Person's Identification Number
3
True or false? You cannot get cash out at using EFTPOS if you use a credit card.
True
False
4
If you want to purchase a cheese burger from a burger joint, how could you get it?
steal it
I.O.U
buy it with cash
buy it with credit
5
What does GDT stand for?
Government Duty Trading
Government Duty Tax
Government Duty Trade
Government Debits Tax
6
What is FID?
Financial Institutions Duty
A federal government charge on deposits
both a and b
An unavoidable state government charge on deposits
7
True or false? You cannot withdraw cash from a credit card.
True
False
8
What does ATM stand for?
automatic transfer machine
automotive teller machine
automatic tourist mode
automatic teller machine
9
Complete the sentence: "Shares are bought and ... on the stock market"
purchased
violated
sold
stolen
10
What is meant by money is divisible?
It can pay for small and large purchases
It can be divided into pieces
It cannot be seen
It can be shared between people
11
What are the 4 steps to preparing a budget
make goal, list income, list expenses, set aside saving
visit financial planner, make goal, deposit savings, relax
a and b
make a goal, buy puppy, visit bank, work out income
12
What is the primary market?
The first market
The primary school fete
Natural resources
The first time shares have been floated
13
How do you (legally) get money out of the bank?
Use a credit or debit card
Deposit it at a bank
Transfer funds over the internet
Withdraw it at a teller or ATM
14
What is meant by disposable income?
Money available for spending and saving after tax
Money that can be used for extra spending
Money that can be thrown away
Money that can be used for charity or other purposes
15
What is the secondary market
All of the above
The trading floor at the ASX
The second time shares are sold
Shares are bought and sold between stock market investors
16
What is 4pm close
When people listen to Hamish and Andy on the way home
Activity of shares 4 hours close
The price of shares at close of trade
The highest and lowest price of the shares that day
17
Which is NOT one of the 4 steps of budgeting?
work out tax amount
define your goals
list all of your expenses
set aside money for expenses
18
Which of the following is NOT a good reason to budget?
To ensure you don't go into debt
To please your parents or partner
To save up for an expensive purchase
To plan for paying bills
19
What does "fixed term" mean?
You can only pay the set amount
The rate changes depending on the bank
The rate stays the same for the period
You can make as many extra repayments as you want
20
what does EFTPOS stand for?
electronic finance transfer at point of sale
electronic funds transfer at point of sale
electric funds transport portable on sale
eggs from the police officer's sister

8BE student quiz Flashcards | StudBud