9 What is unit trust fund? of yet nowered Harked it of 00 Select one: A Fund for buying a car B Fund for holiday Hay question c. Fund composed of investor's money OD. Fund for your pension in the future estion 10 How should you protect yourself from identity the answered Marked out of 100 Select one: O A Don't give your personal credit card or online account details over the phone unless you completely trust and can verify the Source Pag question B. Lock your letter box o Shred all bils and personal documents before throwing them out O D. All of the above Clear my choice Question 8 How do you segregate your income? Not yet answered Marked out of 1.00 Select one: O A. Savings Flag question O B. Savings and expenses O C. Savings, expenses and tour O D. Savings, expenses and emergency. Type here to search IT Question 5 The following are true about financial planning EXCEPT: Not yet answered Marked out of 1.00 F Flag question Select one: O A. There are 5 steps in financial planning. OB. Review progress, re-evaluate and revise plan from time to time. O C. Develop a plan before defining a goal. O D. Start by defining your financial goals. Question 6 Below is the purpose of insurance, EXCEPT: Not yet answered Marked out of 1.00 P Flag question Select one: O A. Kept you healthy all the time O B. Achieve long-term goal O C. Looking after your love one. O D. Dealing with debt Question 11 What of the following is not the advantages of property investment? Not yet answered Marked out of 1.00 P Flag question Select one: O A. Maintenance need more effort in order to keep the quality retain for long period. O B. The chance of increase in property value is maximum in the near future based on location. O C Profit assurance is maximum compared to other type of investment process. O D. Easy way to be an owner at very small investment. Question 12 Not yet answered Marked out of 1.00 What are the benefits of financial planning? 1. Freedom from financial worries. ii. Better control of your financial affairs. Hi. Better relationship with other people, iv. Freedom from any debts P Flag question Select one: A. i and li O B. il and ili alii, ili and iv D. l, li and i Type here to search Question 13 There is types of banking service in Malaysia EXCEPT Not yet answered Marked out of 1.00 Select one: O A. House Banking O B. Conventional Banking P Flag question O C. Mobile Banking O D. Islamic Banking Question 14 What is the key to a healthy financial statement? Not yet answered Marked out of 1.00 Select one: O A. Cash inflow equal to cash outflow P Flag question O B. Cash inflow not more than cash outflow O C. Cash inflow less than cash outflow O D. Cash inflow more than cash outflow Question 15 Not yet answered Marked out of 1.00 What are the financial responsibility in marriage? i. Taking on joint debt. ii. Plan your family budget. iii. Purchasing/renting home iv. Short term financial goal P Flag question Select one: O A. li and iii OB.i, ii and iii O C. i, ii and iv O D. ii, iii and iv Question 16 These are TRUE tips to buying a house. Not yet answered Marked out of 1.00 Flag question Select one: O A. Get the latest design B. Borrow money accordingly O C. Avoid congested areas D. Buy a house in the city uestion 17 What is the stage 3 in financial Life cycle? ot yet nswered Marked out of 00 Select one: O A Wealth Accumulation O B. Wealth Distribution Flag question O C. Basic Wealth Protection. O D. Basic Wealth Replacement. Question 18 The time value of money refers to Not yet answered Marked out of 1.00 Flag question Select one: O A. personal opportunity costs such as time lost on an activity O B. changes in interest rates due to changes in the supply and demand for money in our economy O C. increases in an amount of money as a result of interest D. changing demographic trends in our society Question 19 The following are the benefits of saving money EXCEPT: Not yet answered Marked out of 1.00 P Flag question Select one: O A. Having a financial security. O B. You can be independent O C. People will lend you more money O D. You can lead an organized life Question 20 Not yet answered Marked out of 1.00 Flag question Which of the following is the tips in buying a car? i. Don't purchase the add-ons. ii. Buy a car you can afford. iii. Look into pre-financing options. iv. Buy a car with high-installment monthly Select one: O AI and it O B. I, II, li and iv O civ only O D., li and ill