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Quiz

Personal Finance Unit 1, Topic 8

s1500718 8 perguntas

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Perguntas do quiz (8)

  1. 1What is 'Exchange Rate'?
    1. Ais the different currencies
    2. Bis the price for buying or selling the different currencies
    3. Cis the price for buying good
  2. 2How to calculate currency exchange?
    1. AAmount of sterling x Exchange rate = Price of buying the currency
    2. BAmount of sterling + Exchange rate = Price of buying the currency
    3. CAmount of sterling - Exchange rate = Price of buying the currency
  3. 3Most popular currency?
    1. AEuro, Danish kroner
    2. BDanish kroner, Hong Kong dollars
    3. CEuro, Pound Sterling
  4. 4Where can you exchange money abroad?
    1. ABank
    2. BForeign exchange office and banks
    3. CShops
  5. 5What ATM stands for?
    1. AAutomatic time machines
    2. BAutomated trust machines
    3. CAutomated teller machines
  6. 6What 'currency' is?
    1. Ais a unit of money used by all of the people within a country to buy and sell goods and services
    2. Bis a unit of notes used by people
    3. Cis bank notes and coins
  7. 7 Euro is a legal tender
    1. ATrue
    2. BFalse
  8. 8The euro is the legal tender currency used in 16 of the 28 countries that make up the European Union
    1. ATrue
    2. BFalse

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Quiz to practise this topic
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