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Exam (elaborations)

Fin2602 Assignment 1 semester 1 2024

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Uploaded on
April 19, 2023
File latest updated on
February 29, 2024
Number of pages
31
Written in
2022/2023
Type
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2/29/24, 3:53 PM Assessment 1: Attempt review

Font size A- A A+ Site color R A A A




UNISA  2024  FIN2602-24-S1  Welcome Message  Assessment 1


QUIZ




Started on Thursday, 29 February 2024, 3:30 PM
State Finished
1 0
Completed on Thursday, 29 February 2024, 3:52 PM 0 3
Time taken 22 mins 47 secs
Marks
out of 100.00


Question 1

Correct

Mark 1.00 out of 1.00




Which of the following statements is/are correct?

(a) Fewer than one out of ten people retire nancially independent.
(b) Maximum pro t is the long-term goal of personal nancial management.

(c) The long-term goal of personal nancial management is nancial independence at
retirement.




a. a only




b. b only

c. a and b

d. a and c 

e. a, b and c




Your answer is correct.

The correct answer is:
a and c




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15047621&cmid=844690 1/11

, 2/29/24, 3:53 PM Assessment 1: Attempt review

Question 2 Font size A- A A+ Site color R A A A
Correct

Mark 1.00 out of 1.00




Which of the following statements is/are correct?

(a) Personal nancial literacy is a prerequisite for entrepreneurship.

(b) Without nancial literacy the possibility of economic freedom and transformation

disappears.
(c) Total quality of life = quality of life at work.

(d) Debt counselling cannot replace nancial literacy education.

(e) Debt counselling is the long-term solution to nancial illiteracy.




a. a only

b. a, b and c

c. a, b and d 

d. b, c and d

e. b, c and e




Your answer is correct.
The correct answer is:
a, b and d




Question 3

Correct

Mark 1.00 out of 1.00




W hich of the following statements is/are correct?

The secret of personal nancial management and planning is to be aware of the many factors
that may in uence your … at the present time or in the future.

(a) matrimonial property regime
(b) personal nancial situation negatively
(c) personal nancial situation positively or negatively

(d) children’s nancial future

(e) investments positively




a. a only

b. b only

c. c only 

d. b and d

e. b and e




Your answer is correct.

The correct answer is:
c only




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15047621&cmid=844690 2/11

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