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Appendix III
GLOSSARY OF TERMS USED IN THE FINANCIAL SERVICES STUDIES
EXAMINATION
WORD DEFINITION/MEANING COGNITIVE LEVEL
Analyse Examine methodically and in detail, the elements Analysis
of a process, a situation or a theory, and then
draw (a) conclusion(s).
Apply Use knowledge and/or principles, approaches or Application
theories to solve problems.
Arrange Put in specific or logical order. Comprehension
Assess Present reasons for the importance of particular structures, Evaluation
relationships or processes. Compare the advantages and
disadvantages or the merits and demerits of a particular
structure, relationship or process.
Classify Put into groups according to given criteria and observable Comprehension
characteristics.
Comment State opinion or view with supporting reasons. Comprehension
Compare State, describe and elaborate on the similarities Application
and contrast and differences. An explanation of the
significance of each similarity and difference
stated may be required for comparisons which are
other than structural.
Construct/ Combine knowledge, principles and elements to produce Application
Compose/ something new. For example, to build a model. Synthesis
Create
Recall
Deduce Make a logical connection between two or more pieces of Application
information; use data to arrive at a conclusion.
Define Provide a precise statement giving the nature or the scope or
the meaning of a term; or use the term in one or more
sentences so that the meaning is clear and precise.
Demonstrate Show (how a process is carried out in steps/ stages).
Describe Provide a detailed account, including significant characteristics Recall
Design or elements of an issue or situation. Application
Plan and present with appropriate practical detail.
CXC A38/U2/16 84