Quiz – Easy 1. When our rights are not being respected by a food company, we should file a complaint:Add description here! At DECO. At ASAE. Straight at the company. Nothing gives us the right to file a complaint. 2. It is important that everyone allocates money to savings. That value should be: 10% of the income. 40% of the income. 1% of the income. It’s not necessary to save if the person has an income higher than the nacional average income. 3. The illiquid income corresponds: To the total of the income. To the total of the income minus taxes. To the total of the income minus Social Security Contributions. To the total of the income minus interest. 4. For a consumer to have its purchasing power increased: The income must increase more than inflation. The income must decrease more than inflation. The increase in income must be the same as the increase in inflation. The income must decrease as much as inflation. 5. Property income corresponds: To interest and other earnings from deposits. To retirement, pension or disability payments. To unemployment allowance. To the rent that people pay to their tenants. 6. One of the functions of currency is the store of value. This means that: Currency is used in the sale and purchase of goods and services. Economic agents can save part of their income. Currency allows us to quantify the value of a good or service. Economic agents may exchange banknotes for coins. 7. Central banks are responsible for: Monetary policy. Fiscal and Monetary policies. Governmental and Fiscal policies. Environmental policy. 8. When an investment is made in foreign currency, which of these occurs: Credit Risk. Foreign Exchange Risk. Liquidity Risk. Interest Rate Risk. 9. A credit agreement for the purchase of consumer goods is considered a: Car Credit. Mortgage Loans. Consumer Credit. Personal Credit. 10. Savings: can never be negative. are associated with periods of economic recession. allow agents to cope with increased expenditure. are related to increasing wealth for present consumption. 11. What is coinsurance? Insurance that covers more than one person. insurance that is used only by banks and large companies. Insurance carried out by more than one insurer. Insurance that due to the high risk is only used by the State. 12. Which of the following companies is the most direct competitor of NOS (Portuguese company in the communication services industry)? Continental. Altice Group (MEO, Sapo, Moche). Mota-Engil. Jerónimo Martins. 13. How do you calculate a company's profit margin? Income minus expenditure. Assets (e.g. facilities, machinery, money ...) minus liabilities (company debts). Taxes added to interest payable. Number of shares multiplied by the price of each share. 14. What is the option that does not represent a potential consequence of a company making negative profits (i.e. losses): Less money available for future investments. Greater ability to pay interest on debt. Less ability to attribute dividends to shareholders. Greater need for external funding. 15. In the Foreign Exchange Market you can trade different currencies. If the EUR/USD is trading at 1.1, what does it mean? 1 euro costs 1.1 dollars. 1 dollar costs 1.1 euros. 16. What is the institution responsible for establishing interest rates? The Government. The Parliament. The Central Bank. None of the above. 17. What does a company stock represent? A portion of its capital. A company Asset. A company Debt. None of the above. Time is Up!