Personal Finance Unit 1, Topic 8

Descrição

Quiz to practise this topic
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Quiz por s1500718, atualizado more than 1 year ago
s1500718
Criado por s1500718 mais de 8 anos atrás
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Resumo de Recurso

Questão 1

Questão
What is 'Exchange Rate'?
Responda
  • is the different currencies
  • is the price for buying or selling the different currencies
  • is the price for buying good

Questão 2

Questão
How to calculate currency exchange?
Responda
  • Amount of sterling x Exchange rate = Price of buying the currency
  • Amount of sterling + Exchange rate = Price of buying the currency
  • Amount of sterling - Exchange rate = Price of buying the currency

Questão 3

Questão
Most popular currency?
Responda
  • Euro, Danish kroner
  • Danish kroner, Hong Kong dollars
  • Euro, Pound Sterling

Questão 4

Questão
Where can you exchange money abroad?
Responda
  • Bank
  • Foreign exchange office and banks
  • Shops

Questão 5

Questão
What ATM stands for?
Responda
  • Automatic time machines
  • Automated trust machines
  • Automated teller machines

Questão 6

Questão
What 'currency' is?
Responda
  • is a unit of money used by all of the people within a country to buy and sell goods and services
  • is a unit of notes used by people
  • is bank notes and coins

Questão 7

Questão
Euro is a legal tender
Responda
  • True
  • False

Questão 8

Questão
The euro is the legal tender currency used in 16 of the 28 countries that make up the European Union
Responda
  • True
  • False

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