Bmb Finance Company Quiz! Trivia

8 Questions | Total Attempts: 15

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Bmb Finance Company Quiz! Trivia

Bomb finance company quizzes trivia. When one has cash they need to ensure that they make the best of it, either save it in a way that increases the amount or invest it in different securities. Is it better to invest in a mutual fund or to buy stock in a company? The quiz below will help teach you some finance facts. Do give it a shot and see how well you will do!


Questions and Answers
  • 1. 
    If you are trying to save money for the future, you should invest in stocks.
    • A. 

      True

    • B. 

      False

  • 2. 
    Which of these is not a good way to save money?
    • A. 

      Create an Emergency Fund

    • B. 

      Take out a mortgage

    • C. 

      Manage Credit Responsibly

    • D. 

      Save Your Receipts

  • 3. 
    To establish credit you should take out a loan for a house.
    • A. 

      True

    • B. 

      False

  • 4. 
    How often should you get a credit report?
    • A. 

      Weekly

    • B. 

      Annually

    • C. 

      Every Six Months

    • D. 

      Monthly

  • 5. 
    Having a good credit score allows you to save money.
    • A. 

      True

    • B. 

      False

  • 6. 
    What is the most reliable way to save money and collect interest?
    • A. 

      Mutual Fund

    • B. 

      Keep Savings Account

    • C. 

      Stocks

    • D. 

      Keep It Under Your Mattress

  • 7. 
    When building when credit, you must establish new credit _______.
  • 8. 
    You should always read the entire lease before signing.
    • A. 

      True

    • B. 

      False