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Exam (elaborations)

BUSINESS SKILLS EXAM QUESTIONS WITH CORRECT ANSWERS 2025

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BUSINESS SKILLS EXAM QUESTIONS WITH CORRECT ANSWERS 2025

Institution
PSC Finance And Business Skills
Course
PSC Finance and Business Skills

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BUSINESS SKILLS EXAM QUESTIONS
WITH CORRECT ANSWERS 2025
WhatDisDfinancialDplanning?D-DCORRECTDANSWERD-
theDcontinuousDprocessDofDmakingDdecisionsDbasedDonDachievingDyouDownDstatedDgoals



WhatDdoesDfinancialDplanningDleadDto?D-DCORRECTDANSWERD-goodDfinancialDhealth



whatDisDtheDfinancialDlifecycle?D-DCORRECTDANSWERD-stageD1:DWealthDproductionD

stageD2:DwealthDaccumulationD

stageD3:DwealthDdistribution



howDmanyDstagesDareDinDtheDfinancialDlifecycle?D-DCORRECTDANSWERD-3



WhatDhappensDduringDstageD1DofDfinancialDlifecycle?D-DCORRECTDANSWERD-
wealthDprotectionD:DstartDfullDtimeDjob,DstartDfamily,DadvancedDdegrees,DstartDretirementDfund



whatDhappensDduringDstageD2DofDtheDfinancialDlifecycle?D-DCORRECTDANSWERD-
wealthDaccumulation:DpeakDearnings,DeducatingDchildren,DmaximizeDretirementD$$



whatDhappensDduringDstageD3DofDtheDfinancialDlifecycle?D-DCORRECTDANSWERD-
wealthDdistribution:Dretired,DhowDmuchDmoneyDyouDneedDeachDyear,DdistributionDafterDdeath



whatDtwoDthingsDshouldDaDbudgetDbe?D-DCORRECTDANSWERD-simpleDandDrelevant



whatDareDtheDfourDstepsDofDtheDfinancialDplanningDprocessD-DCORRECTDANSWERD-1.DdevelopDaDgoal

2.DmanageDbudget

3.DmonitorD

, 4.Drepeat



whatDisDaDbudget?D-DCORRECTDANSWERD-
anDestimateDofDincomeDandDexpenditureDforDaDsetDperiodDofDtime.



whatDareDtimeDbudgetsDnormallyDusedDfor?D-DCORRECTDANSWERD-
aDamountDofDtimeDyouDareDinvesting



WhatDisDaDtimeDbudget?D-DCORRECTDANSWERD-
howDmanyDtimesDandDhowDlong;DfrequencyDandDduration



howDshouldDyouDarrangeDyourDexpenses?D-DCORRECTDANSWERD-byDrelevance,Dpriorities



WhatDisDaDjob?D-DCORRECTDANSWERD-WhatDyouDareDdoingDrightDnowDforDmoney



WhatDisDaDcareer?D-DCORRECTDANSWERD-anDoccupationDforDtheDdurationDofDyourDlifetime



howDcanDyouDgainDexperienceDinDcollege?D-DCORRECTDANSWERD-
partDtimeDjob,DinternshipDorDcourseDcreditDopportunities



howDshouldDyourDsocialDmediaDlookDwhenDjobDhunting?D-DCORRECTDANSWERD-
appropriate,Dprofessional



fourDwaysDtoDbeDexceptionalDatDwork?D-DCORRECTDANSWERD-seekDaDmentor

showDupDearlyD&DstayDlate

beDtheDgoDtoDpersonD

actDlikeDtheDowner
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PSC Finance and Business Skills
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PSC Finance and Business Skills

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Uploaded on
March 28, 2025
Number of pages
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Written in
2024/2025
Type
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  • business skills exam questions with correct answer
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