1.
Diploma in Financial Studies can only be acquired after obtaining...
Correct Answer
B. Certificate in Financial Studies
Explanation
To acquire a Diploma in Financial Studies, one must first obtain a Certificate in Financial Studies. This suggests that the Certificate in Financial Studies is a prerequisite for the Diploma in Financial Studies. The other options listed, such as Academic Certificate, Certificate of Higher Education, and Diploma of Higher Education, are not specifically mentioned as requirements for the Diploma in Financial Studies.
2.
Diploma in Financial Studies is designed to cater for students in which age group?
Correct Answer
C. 16-18
Explanation
The Diploma in Financial Studies is designed to cater for students in the age group of 16-18. This program is specifically tailored for young individuals who are interested in gaining knowledge and skills related to financial studies at an early stage of their academic journey. By targeting this age group, the program aims to equip students with a solid foundation in financial literacy and prepare them for further studies or careers in the financial sector.
3.
What is the Diploma in Financial Studies?
Correct Answer
A. Educational qualifications in finance
Explanation
The Diploma in Financial Studies refers to educational qualifications in finance. This diploma program provides students with a comprehensive understanding of financial concepts, principles, and practices. It equips individuals with the necessary skills and knowledge to pursue a career in the finance industry. By completing this diploma, students gain expertise in areas such as financial planning, investment analysis, risk management, and financial decision-making. This qualification is highly valued by employers in the finance sector and serves as a strong foundation for further studies or professional certifications in finance.
4.
Is the Diploma in Financial Studies equivalent to A-Level?
Correct Answer
A. Yes
Explanation
The Diploma in Financial Studies is considered equivalent to A-Level because it is a qualification that covers similar content and is recognized by universities and employers as a valuable qualification. It provides students with a strong foundation in financial knowledge and skills, preparing them for further study or a career in the financial industry.
5.
How many exams are taken before the Diploma in Financial Studies can be obtained?
Correct Answer
C. 3
Explanation
To obtain the Diploma in Financial Studies, three exams need to be taken. This suggests that there are three levels or components within the diploma program, each requiring a separate examination. The completion of these three exams demonstrates a comprehensive understanding and knowledge of financial studies, leading to the award of the diploma.
6.
The Diiploma in Financial Studies can be completed within ______.
Correct Answer
A. One year
Explanation
The Diploma in Financial Studies can be completed within one year. This suggests that the program is designed to be completed in a relatively short period of time, allowing individuals to quickly acquire the necessary knowledge and skills in financial studies. It also implies that the program is likely to be intensive and focused, providing a comprehensive education in financial topics within a condensed timeframe.
7.
The Certificate of Financial Studies consists of ____ of the 6 units which make up the Diploma.
Correct Answer
C. 3
Explanation
The Certificate of Financial Studies consists of 3 out of the 6 units that make up the Diploma. This means that individuals who complete the Certificate program will have covered three specific units that are also included in the Diploma program. It is likely that these units are considered foundational or essential for both the Certificate and Diploma levels of study in financial studies.
8.
What is the highest obtainable grade in Diploma of Financial Studies?
Correct Answer
A. A
Explanation
The highest obtainable grade in the Diploma of Financial Studies is A.
9.
The first two exams module in Diploma of Financial Studies are...
Correct Answer
D. Multiple choice questions
Explanation
The first two exams module in Diploma of Financial Studies are multiple choice questions. This suggests that the exams are designed to test the knowledge and understanding of the theoretical concepts covered in the course. Multiple choice questions provide a structured format where students can choose the most appropriate answer from a set of options. This format allows for efficient assessment and grading, while also providing a clear indication of the student's comprehension of the material.
10.
The first and second exam modules are written and marked...
Correct Answer
A. Electronically
Explanation
The correct answer is "Electronically" because the statement mentions that the first and second exam modules are both written and marked electronically. This implies that there is a digital system in place for creating and grading the exams, rather than relying on manual processes or varying depending on the state.