Podcast
Questions and Answers
What is the best way to determine if a paper bill is counterfeit?
What is the best way to determine if a paper bill is counterfeit?
- Checking the watermark
- Comparing it to a known genuine bill (correct)
- Examining the serial number
- Looking for red and blue security fibers
Which feature is NOT mentioned as a security feature of Philippine peso bills?
Which feature is NOT mentioned as a security feature of Philippine peso bills?
- Watermark
- Security Fibers
- Raised print nature of the ink (correct)
- Asymmetrical Serial Number
What provides the traditional banknote with a unique tactile effect that aids in preventing counterfeiting?
What provides the traditional banknote with a unique tactile effect that aids in preventing counterfeiting?
- Security fibers
- Alphanumeric characters
- Watermark
- Embossed or raised print nature of the ink (correct)
Where is the Shadow image of the portrait located on a Philippine peso bill?
Where is the Shadow image of the portrait located on a Philippine peso bill?
What material should be used for money to ensure divisibility and homogeneity according to the text?
What material should be used for money to ensure divisibility and homogeneity according to the text?
What characteristic allows money to withstand wear and tear, as discussed in the text?
What characteristic allows money to withstand wear and tear, as discussed in the text?
What are the three main forms of money discussed in the text?
What are the three main forms of money discussed in the text?
What is the composition of Philippine paper currency according to the text?
What is the composition of Philippine paper currency according to the text?
What type of money is backed up by 100% gold or silver reserves?
What type of money is backed up by 100% gold or silver reserves?
Which type of money requires the commodity value to equal its money value in order to circulate?
Which type of money requires the commodity value to equal its money value in order to circulate?
What is the main characteristic of Fiduciary Paper Money?
What is the main characteristic of Fiduciary Paper Money?
Which type of credit money is widely acceptable in payment for goods and services?
Which type of credit money is widely acceptable in payment for goods and services?
