46. What is the purpose of a business savings account?
a) To save for short-term expenses
b) To make online purchases
c) To provide funding for higher education expenses
d) To earn interest on surplus business funds
47. Which of the following is NOT a type of credit report agency?
a) Equifax
b) Experian
c) TransUnion
d) Mastercard
48. What is the purpose of a business term deposit?
a) To save for short-term expenses
b) To make online purchases
c) To provide funding for higher education expenses
d) To earn interest on surplus business funds
49. Which of the following is NOT a type of credit card reward program?
a) Cash back rewards
b) Travel rewards
c) Shopping rewards
d) Insurance rewards
50. What is the purpose of a business term loan?
a) To save for short-term expenses
b) To make online purchases
c) To provide funding for higher education expenses
d) To provide a lump sum of funds for business needs