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    Pre and Post Question FinLit

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    Reggie Bagonoc
    The document appears to be a pre-test/post-test for a training on personal financial management. It contains 20 multiple choice questions testing various concepts related to personal finance including budgeting, savings, investing, loans, insurance, and financial scams. The questions cover topics such as the effects of inflation, calculating interest, factors considered in lending, types of financial products and strategies, and definitions of key financial terms.

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    Pre and Post Question FinLit

    Uploaded by

    Reggie Bagonoc
    16 views3 pages
    The document appears to be a pre-test/post-test for a training on personal financial management. It contains 20 multiple choice questions testing various concepts related to personal finance including budgeting, savings, investing, loans, insurance, and financial scams. The questions cover topics such as the effects of inflation, calculating interest, factors considered in lending, types of financial products and strategies, and definitions of key financial terms.

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    Sample Questionnaires

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    The document appears to be a pre-test/post-test for a training on personal financial management. It contains 20 multiple choice questions testing various concepts related to personal finance including budgeting, savings, investing, loans, insurance, and financial scams. The questions cover topics such as the effects of inflation, calculating interest, factors considered in lending, types of financial products and strategies, and definitions of key financial terms.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    16 views3 pages

    Pre and Post Question FinLit

    Uploaded by

    Reggie Bagonoc
    The document appears to be a pre-test/post-test for a training on personal financial management. It contains 20 multiple choice questions testing various concepts related to personal finance including budgeting, savings, investing, loans, insurance, and financial scams. The questions cover topics such as the effects of inflation, calculating interest, factors considered in lending, types of financial products and strategies, and definitions of key financial terms.

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    Division Training on Personal Financial Management (PFM)

    Pre-test/Post Test

    1. Loan restructuring is one way of managing over-indebtedness.


     Yes
     Sometimes
     No
     I don’t know

    2. Suppose you have an income of P3,000. Assume that the rate of increase in prices is
    10%this year, and there is no change in your income, which of the following statements
    is true about the things you can buy with P3,000?
     I can buy more goods today than last year
     I can buy the same amount of goods as last year
     I can buy less goods today than last year
     It depends on the types of things I want to buy

    3. You buy an insurance product because you want to…


     Accumulate savings
     Protect yourself, your family or your property against risks
     Make payments or send money
     Don’t know

    4. If you invest in stocks, it is safer to…


     Buy stocks of one company
     Buy stocks of many companies
     Don’t know

    5. Defined as the comprehensive evaluation of an individual’s financial state to predict and


    manage future cash flows, expenditures and asset values.
     Financial Planning
     Savings Plan
     Financial Capability
     Cash Flow Monitoring

    6. The correct saving formula is…


     Income – Expenses = Savings
     Income – Savings = Expenses
     Fixed Assets – Fixed Expense = Savings
     Cash Inflow – Outflow = Savings

    7. You put P100 in a savings account with guaranteed annual interest rate of 2%. How
    much would be in your account at the end of one year?
     P102
     P110
     P120
     Don’t know

    8. In relation to question no. 7, after 5 years, your account will have:


     More than P110
     Exactly P110
     Less than P110
     None of the above

    9. It is the rate of increase in prices of goods and services over a given period of time.

     Interest
     Inflation
     GDP
     Infliction

    10. The first step in budgeting is…


     Tracking income and expenses
     Implementing a budget plan
     Setting a budget goal
     Monitoring expenses

    11. Which of the following is not a factor considered by financial institutions when lending?
     Character
     Career
     Collateral
     Capital

    12. These are instruments of indebtedness issued by the Bureau of Treasury, through
    Government Securities Eligible Dealers.
     Government Investments
     Corporate Bonds
     Government Securities
     Government Bureaucracy

    13. If P2,500 is divided equally among 5 people, how much does each one gets?
     Less than P500
     P500
     More than P500
     Don’t know

    14. Is the illegal copying of information from the magnetic strip of a credit or ATM card.
     Spoofing
     Text Scam
     Phishing
     Skimming
    15. Is a debt-reduction strategy, whereby you pay off loans with small balances first, before
    paying the minimum amount due of larger loans.
     Debt Stacking
     Debt Snowball
     Straight payment
     Payment with interest

    16. Which of the following statements about spoofing is true?


     Spoofing is a cybercrime intended to capture personal information
     Spoofing is usually done in tandem with phishing
     Both a and b
     None of the above

    17. The act of getting money from a lender or goods from a supplier with a promise of
    future pay back based on certain terms and conditions.
     Borrowing
     Fund pooling
     Solicitation
     Fund Transfer

    18. Which store gives a better bargain for the same household item worth P1,000?
     Store A gives a discount of P115
     Store B gives a discount of 10%
     Don’t know

    19. Before lending, financial institutions check a borrower’s…


     Capacity to Pay
     Cash Flow
     Both a and b
     none of the above

    20. Saving is very similar to investing.


     Yes
     Sometimes
     No
     I don’t know

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