Level 2 assessment: Intermediate

10 questions · Covers lessons 15 to 24 · Updated 1 November 2026

Ten questions drawn from lessons 15 to 24. There is no time limit and no record is kept beyond this page.

Question 1 of 10

At the same quoted percentage, which costs more over several years?

Question 2 of 10

What is the fairest way to compare two loan offers?

Question 3 of 10

Why is having no credit history a difficulty?

Question 4 of 10

When are a borrower's options widest after falling behind?

Question 5 of 10

What makes a debt a priority debt?

Question 6 of 10

Deposit insurance applies on what basis?

Question 7 of 10

Why can a tax return produce a refund even though PAYE was deducted all year?

Question 8 of 10

Which rental document is impossible to recreate once a tenancy ends?

Question 9 of 10

A home insured for less than its rebuilding cost can face what at claim time?

Question 10 of 10

A business is profitable on paper but has no cash. What is this called?

Not financial advice. These questions test understanding of the lessons and are general education only. See our editorial policy and disclaimer.