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3467561
Commerce Quiz
Description
Commerce revision
No tags specified
travel
personalfinance
priya
Quiz by
verity.le-grand
, updated more than 1 year ago
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Created by
verity.le-grand
about 9 years ago
9
0
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Resource summary
Question 1
Question
What is the most practical and efficient mode of transport to get overseas?
Answer
Train
Bus
Plane
Boat
Question 2
Question
What is an itinerary?
Answer
To keep track of the money you spend
A holiday plan with specific times and locations of places you wish to visit
A list of all the items you bring
Question 3
Question
All holidays need to be made through a travel agent.
Answer
True
False
Question 4
Question
What are some peoples reasons for travel?
Answer
Personal
Family catch ups
Business trips
All of the above
Question 5
Question
What is an exchange rate?
Answer
The worth of your money in another country
How much you spend on your holiday
A document like a visa
Question 6
Question
What is meant by the term 'income'?
Answer
An income is money received on a regular basis from work or personal business
The money you own
The fare you pay when you enter the bus
Question 7
Question
What is a fixed expense?
Answer
Money that you spend on things like rent, mortgage and insurance that you pay regularly.
Money that you spend
Question 8
Question
What is a variable expense?
Answer
Money that you spend on things like phones, computers and shoes.
Money that you spend on anything you want.
All of the above.
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