Duplicate of Financial Literacy

Question 1

Regular payments going out on the same day every week at the same time is called?

Accepted Answer

Automatic Payment

Question 2

A note or coin that has been taken out of circulation is called what?

Accepted Answer

Demonetized

Question 3

Which of these people would earn ‘Wages’?

Accepted Answer

Factory Person

Question 4

Whose image appeared on the first Reserve Bank of New Zealand Note?

Accepted Answer

King Tawhio

Question 5

where would you receive Dividends?

Accepted Answer

Shares

Question 6

In what year did New Zealand convert to using dollars?

Accepted Answer

1967

Question 7

On which coin does Captain Cook’s Endeavour appear?

Accepted Answer

50 cent

Question 8

Which of the following is the most secure form of income?

Accepted Answer

Superannuation

Question 9

What kind of income would you be earning if you were paid $50,000 per annum?

Accepted Answer

Salary

Question 10

If you earn money weekly it is known as earning what?

Accepted Answer

Wages

Question 11

What is it called when cash is deposited directly into a persons bank account?

Accepted Answer

direct deposit

Question 12

How much does a bonus bond cost each?

Accepted Answer

$1

Question 13

A form of payment used to buy things when you're using someone else's cash and are paying back.

Accepted Answer

Credit Card

Question 14

When a note or coin is damaged or transformed what is it called?

Accepted Answer

Defaced

Question 15

What does EFTPOS mean?

Accepted Answer

Electronic Funds Transfer Point Of Sale

Question 16

What are bonus bonds?

Accepted Answer

Unique investment product

Question 17

Name of the organisation that is responsible for distributing money and controlling prices.

Accepted Answer

Reserve Bank of New Zealand

Question 18

How many times a year is a person earning ‘wages’ paid?

Accepted Answer

52

Question 19

Who has to pay Income Tax?

Accepted Answer

Everybody who earns money

Question 20

Where does money come from for most people?

Accepted Answer

Working and Earning it

Question 21

What is the proper name for ‘The hole-in-the-wall’ machine?

Accepted Answer

ATM

Question 22

How do most adults get paid?

Accepted Answer

direct deposit

Question 23

Which of these jobs is not considered a profession?

Accepted Answer

shop assistant

Question 24

How often does a person on a ‘Salary’ usually get paid?

Accepted Answer

Every month

Question 25

Which one of the following is NOT on a payslip?

Accepted Answer

None of them

Duplicate of Financial Literacy

Questions 25

Duplicate of Financial Literacy

Questions 25