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Personal Finance

Quiz by Shina Ajoye

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5 questions
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  • Q1

    All these make the personal financial statement except?

    Income

    Short term loan

    Expenses

    Long term loan

    30s
  • Q2

    Why is financial intelligence important?

    For book-keeping purposes 

    It helps us to effectively manage our finances

    To build a sustainable financial model

    To understand how to monitor our cashflow

    30s
  • Q3

    Financial goals are _____________, _______________ or ________________ targets you hope to achieve over a set period of time.

    Spending, lending and saving

    Savings, lending  or investment

    Savings, investment or spending

    30s
  • Q4

    All basic budgets have the same elements except?

    Variable Expenses

    Cost

    Fixed Expenses 

    Income 

    30s
  • Q5

    Finance is the general management of funds, from how the funds are generated to how it is being disbursed.

    Na lie!!!

    Normal thing

    30s

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