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4. Test MODULE 4 - reviewed

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Created on November 17, 2025

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Transcript

The Dragon of Greed

Start

Question 1/5

Correct!

Earned income is the money you receive for your active work or services.

Next

Question 2/5

Correct!

Passive income is generated from assets or efforts that continue even when you aren’t actively working.

Next

Question 3/5

Correct!

A smart money manager first covers needs, then saves, enjoys wants, and finally tracks expenses to stay balanced.This keeps your finances healthy and helps you build habits for the future!

Next

Question 4/5

Correct!

False. Taxes don’t just take money away — they return value to society through schools, hospitals, roads, and public services. Paying taxes means sharing resources so that everyone benefits.

Next

Question 5/5

Correct!

Income Tax is a direct tax — it’s paid straight to the government based on what you earn.VAT and Excise Duty are indirect taxes, included in the price of goods and services.

Next

Quiz completed!

Click on the egg to help your dragon hatch
Congratulations, brave Guardian of Finance! ⚔️You faced the challenges of Income, Money Management, and Taxes, and proved your financial wisdom.As you answered each question, the Dragon of Greed began to change...Now, from the shell of greed emerges a new creature — the Dragon of Balance, symbol of fairness, knowledge, and shared prosperity.