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LIBF - DiPFS Unit 4 Topic 4 Review - Impact of the Media Flashcards | StudBud
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LIBF - DiPFS Unit 4 Topic 4 Review - Impact of the Media
LIBF - DiPFS Unit 4 Topic 4 Review - Impact of the Media
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A short test on the Mass Media topic of LIBF's Unit 4 Diploma
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
The media can act as a "watchdog" to hold the financial industry to account
False
True
2
Personal finance articles in the broadsheets tend to be aimed at...
Financial sector employees
High earners
People with little financial knowledge
Consumers with little interest in financial affairs
3
Which of the following is not a member of the broadsheet press?
The Times
The Daily Mail
The Guardian
The Telegraph
4
The different perspectives from which news may be reported is called...
Media Bias
Simplification Bias
Expert Bias
Ommision Bias
5
Which term is generally used to describe the press when they take and champion a particular financial cause or issue?
The press as defender
The press as supporter
The press as protector
The press as watchdog
6
Which of the following is not a 24 hour news channel?
Panorama
CNN
Russia Today
Al Jazeera
7
Which of the following is not a think tank?
The Centre for Social Justice
The Resolution Foundation
Policy Performance UK
The Adam Smith Institute
8
The decision to leave out aspects of the news being reported is called...
Simplification Bias
Expert Bias
Media Bias
Ommision Bias
9
What does LIBOR stand for...?
The Local Interbank Overnight Rate
The London Interbank Offered Rate
The London International Borrowing Rate
The London Internal Base Rate
10
The Mass Media played a key role in the reporting of the financial crisis...
of 2009-2010
of 2006-2007
of 2008-2009
of 2007-2008
11
Which Social Media Platform does the financial services industry use most?
LinkedIn
Facebook
Twitter
Instagram
12
What is a Think Tank?
A political party
A specialist body set up to report on issues within a chosen area
A World War 2 disguise for armoured vehicles
A room where people go to concentrate on a topic report
13
To which group of Printed Media does The Evening Standard belong?
Broadsheets
Middle Market Press
Financial Press
Tabloids
14
According to research, the reading age of The Sun newspaper is...
10 years
8 years
6 years
12 years
15
Northern Rock failed in...
September 2009
January 2010
September 2007
January 2008
16
What is a Teaser Rate on a loan?
An interest rate that is only given to employees of the business.
A low starter interest rate that increases to a much higher one over time
A low interest rate that is advertised but never given
An interest rate that includes a choice of free gifts
17
Which of the following is not an example of a money / finance magazine
Moneywise
MoneyWeek
Money Box
Finance Monthly
18
Who suffered from the 'market rigging' of the Libor
The Newspapers
Pension Funds
The Government
The Traders
19
All the 'Red Top' papers are in which section of the printed press?
Financial Press
The Tabloids
The Broadsheets
Middle Market Press
20
Radio 4 describes itself as...
A speech based music, current affairs and entertainment network
A music based phone in and game show network
A speech based news, current affairs and factual network
A music based entertainment, magazine and activity network
