A computer used by bank customers to manage their money to get cash, make deposits or transfer money.
Automated Teller Machine
Smart phone
Account
Deposit
Automated Teller Machine
Currency is the money that is used in a given city
True
False
False
Technology does not improve banks.
True or False
False
What is the name of the first cryptocurrency ever made in 2009?
Litecoin
Darkcoin
Rimbit
Bitcoin
Bitcoin
Preparing a budget includes:
Income, Expenses, Saving
Only listing your expenses
Only listing your debts
Only listing your income
Income, Expenses, Saving
Any form of money that is in public circulation
Coins
Currency
Cash
Debit
Currency
crypto currency means
mysterious money
Digital Money
Digital Money
Banking is becoming digital, even our currency is becoming digital.
True or False
True
What is Bit Coin?
Digital Debit Card
Counterfeit Euro
Digital Currency
All of the above
Digital Currency
Which one is a fixed (same amount, same time) payment?
food
power
mortgage
petrol
Mortgage
A cost that does not vary from month to month or week to week.
Flexible Expense
Fixed Expense
Deposit
Debt
Fixed Expense
The most popular crypto-currency at the moment is the Bitcoin
True
False
True
There is no risk with investing in digital currency. True or False
False
When was Bitcoin created?
1999
2017
2009
2003
2009
When making a budget, a person’s needs should come before their wants.
True
False
True
A cost that you can control or adjust.
Fixed Expense
Flexible Expense
Loan
Debit
Flexible Expense
Who invented Bitcoin?
Satoshi Nakomoto
Donald Trump
The CIA
Mark Andresen
Satoshi Nakomoto
Name 3 ways technology has improved finance.
Mr. Paulk will judge!
You can buy Bitcoin via an ATM
True
False
Maybe
Some ATMs
Some ATMs
A financial plan is called a
budget
tax
allowance
income
Budget
is the amount of pay remaining to be given to an employee after deductions have been taken from the paycheck
Gross pay
Net Pay
Debt
Deductible
Net Pay
Bitcoin gets value through which method?
Collapse of national banks
Insider dealing
Scarcity
ETF trading
Scarcity
500 is actually the lowest your credit score can go. True or False
False
What are some risks of Bitcoin?
It can be hacked
It can be used for illegal purposes
It's very likely to fail
All of the above
All of the above
850