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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
10 terms
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StudBud Administration
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Quiz to test finance related knowledge
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Finance is like ................. of the organization
idea
Blood
Primary step
Health
2
Suppose you have $100 in a savings account earning 2 percent interest a year. After five years, how much would you have?
Less than $102
More than $102
Don't Know
Exactly $102
3
Who is Father of Scientific Management ?
Henry Fayol
Chester Bernard
F. W. Taylor
Elton Mayo
4
What financial statement lists assets from current to long term?
Income Statement
Balance Sheet
Cash Flow Statement
Statement of Retained earnings
5
Which of these career fields will see a sharp increase in demand within the next few years?
Business and Financial operations
Office and Administration
Construction and Extraction
Legal
6
Buying a single company's stock usually provides a safer return than a stock mutual fund.
False
True
Do not know
7
Gross Profit is the difference between:
None of the above
Revenue and all standard cost
Revenue and Net Income
Asset and Liabilities
8
The fundamental economic problem faced by all societies is
Poverty
inequality
unemployment
Scarcity
9
Money creative bank is:
Central Bank
Consumer Bank
Both A & B
Commercial Bank
10
Advertisement means
To sale goods on credit
to attract the wholesaler
to attract the Retailer
Attracting the customers towards the product
