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5 Written questions

5 Matching questions

  1. rent
  2. interest
  3. credit bureau
  4. bankrupt
  5. commission
  1. a an organisation that keeps on ®le the
  2. b a payment made for the use of money that has been borrowed
  3. c the percentage of a sales price received by a salesperson for her or his services
  4. d when a business, or person, is unable to pay her or his debts
  5. e regular payment made by a tenant to an owner for

5 Multiple choice questions

  1. a certain amount of money can be taken outof the borrower's wages
  2. a document from a lender stating that a
  3. someone who guarantees to pay back the money if the borrower does not
  4. sum payable as pro®t for shares
  5. a person who is owed money

5 True/False questions

  1. overtimerepresent a small slice of the ownership (a


  2. incomethe amount a person has left after income tax is deducted


  3. unsecured loansomething deposited as a guarantee to


  4. superannuationa way of saving so an employee has some money in retirement. The employer makes set payments into a superannuation fund, which the employee cannot touch until she or he reaches a certain age


  5. variable expensesexpenses that are the same amount


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