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BEAQ 2018 Test your financial literacy Flashcards | StudBud
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BEAQ 2018 Test your financial literacy
BEAQ 2018 Test your financial literacy
9 terms
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StudBud Administration
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15 plays
#finlit #financialbasics #fbf #BEAQ
Flashcards
9 cards
F
Practice quiz
P
Host live
L
Questions
9
Answers
1
I am interested in more information on the
Ca$hEd Up Financial Skills for Life
early access.
Yes
No
2
A BSB is needed when making an online payment in order to ensure that...
You are the authorised owner of the account
The payment goes to the right account
The correct amount is taken from your account
The payment goes to the right bank
3
How long to pay off a credit card if you only pay monthly minimum: Owe $2000. Interest 18%.
More than 15 years
Less than three years
Just over one year
About 10 years
4
I can see a way to use some of the free FBF resources shown in this presentation:
Yes
No
5
Financial Basics Foundation (FBF) provides free resources to Australian teachers:
False
True
6
If you pay $110 for a new pair of shoes, the GST component is...
Only able to be calculated if you know the wholesale price
$1.00
$10
$11
7
A Transaction Bank Account is useful...
More than one person needs to operate the account
To make your savings grow faster
To pay your bills
If you don't want to pay account keeping fees
8
How much interest, on top of what is owed, will be charged on the credit card from question 2?
Nearly $1000
About $500
Over $3500
Just under $250
9
Banking - How does it all work? is an example of which resource?
FLIP
All of the above
ESSI Money
OFL
