Write in your own words to avoid
Plagiarism!!
FIN2602
ASSIGNMENT 01
YEAR: 2026
,Question 1
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Question text
Which of the following statements are correct?
(a) An increase in a person’s salary will have no advantage unless it is supported by financial
literacy
(b) An increase in a person’s salary will improve the quality of his/her life in the medium and long
terms
(c) Personal financial management education increases personal wealth.
(d) Financial literacy refers to personal financial literacy.
(e) Financial literacy relates to savings and investments only.
a.
a and b
b.
a, b and c
c.
a, b, c and d
d.
a, c and d
e.
a, c and e
Question 2
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Which of the following statements is/are correct?
(a) Personal financial literacy is a prerequisite for entrepreneurship.
, (b) Without financial literacy, the possibility of economic freedom and transformation disappears.
(c) Total quality of life = quality of life at work.
(d) Debt counselling cannot replace financial literacy education.
(e) Debt counselling is the long-term solution to financial illiteracy.
a.
a only
b.
a and b
c.
a, b and d
d.
b, c and d
e.
b, c and e
Question 3
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Question text
Which one of the following statements is correct?
a.
The priorities and preferences of people who are in the same financial planning
cycle is exactly the same.
b.
The priorities and preferences of people who are in the same financial planning
Plagiarism!!
FIN2602
ASSIGNMENT 01
YEAR: 2026
,Question 1
Not yet answered
Marked out of 2.00
Flag question
Question text
Which of the following statements are correct?
(a) An increase in a person’s salary will have no advantage unless it is supported by financial
literacy
(b) An increase in a person’s salary will improve the quality of his/her life in the medium and long
terms
(c) Personal financial management education increases personal wealth.
(d) Financial literacy refers to personal financial literacy.
(e) Financial literacy relates to savings and investments only.
a.
a and b
b.
a, b and c
c.
a, b, c and d
d.
a, c and d
e.
a, c and e
Question 2
Not yet answered
Marked out of 2.00
Flag question
Question text
Which of the following statements is/are correct?
(a) Personal financial literacy is a prerequisite for entrepreneurship.
, (b) Without financial literacy, the possibility of economic freedom and transformation disappears.
(c) Total quality of life = quality of life at work.
(d) Debt counselling cannot replace financial literacy education.
(e) Debt counselling is the long-term solution to financial illiteracy.
a.
a only
b.
a and b
c.
a, b and d
d.
b, c and d
e.
b, c and e
Question 3
Not yet answered
Marked out of 2.00
Flag question
Question text
Which one of the following statements is correct?
a.
The priorities and preferences of people who are in the same financial planning
cycle is exactly the same.
b.
The priorities and preferences of people who are in the same financial planning
