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Perform financial calculations & Maintain daily financial records

Quiz by ALI ABDULHUSAIN HASAN ALI ISA

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5 questions
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  • Q1

    In the term of calculation techniques “BODMAS”, the letter “S“ stands for?

    Submission

    Superlative

    Summation

    Subtraction

    45s
  • Q2

    If the interest rate for 12% annually compounded Quarterly, then the partially interest rate (i) equals:

    I= 24%

    I= 3%

    I=4%

    I= 48%

    45s
  • Q3

    Jassim has the option to invest his money in one of three types of investments which are Golds 8% for 6 years, Stocks 5% for 9 years and Bonds 9% for 4 years. He wants to invest BD 10,000. which option will be the best for Jassim.

    Bonds

    Stocks

    Golds

    120s
  • Q4

    ……………………………. is a printed paper provided by a bank to its customers for filling out information to the withdrawing of funds from an account

    Withdrawals slip form

    Deposits slip form

    Benefits slip form

    Vouchers slip form

    45s
  • Q5

    If goods or services were purchased ……………………., the invoice will usually specify the terms of the deal and provide information on the available methods of payment.

    On Credit

    On demand

    By cash

    By cheque  

    45s

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