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Test your basic knowledge |
Wealth Management
Start Test
Study First
Subjects
:
personal-finance
,
business-skills
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Interest calculated on both the principal and the accrued interest
Maturity Date
Mutual Funds
Premium
Compound Interest
2. Whatever must be given up to obtain some item
Tax Liability
Opportunity Cost
Late Fee
Pension
3. Stock other than preferred stock
Net Income
Insurance
Common Stock
Self-Interest
4. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
Time value of money
Rent
Preferred Stock
Maintain
5. A bond with zero discounts
Zero-Coupon Bond
Property Rights
Pension
Financial Institution
6. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Stocks
Taxable Income
Deductions
Total Assets
7. A specific plan for spending your income
Unsecured Debt
Deduction
Personal Budget
Market Capitalization
8. An obligation to pay money to another party
Salary
Liability
Unsecured Loan
Pay Period
9. Grant use or occupation of under a term of contract
Pay Period
Rent
APR
On-Boarding
10. A record of checks written and deposits made in a checking account - kept by the depositor
Distribution
Inflation
Checkbook Register
Salary
11. By planning ahead you can ensure financial stability during your retirement.
Indirect Car Loan
Par Value
Wage
Retirement Planning
12. The act of reducing the selling price of merchandise
Balance
Expenses
Zero-Coupon Bond
Deduction
13. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
Deductible
Retirement Planning
Face Value
Direct Car Loan
14. Business organizations that accommodate the buying and selling of securities.
Financial Needs
Scarcity
Stock Exchanges
Lending Investments
15. A tax-deferred investment and savings plan that acts as a personal pension fund for employees
401 K
Annual Fee
Credit
Net Income
16. The time interval between the deposit of a check in a bank and its payment
Annual Report
Float
Inflation
Foreclosure
17. The period covered by a salary payment
Property Rights
Distribution
Payday Loan
Pay Period
18. The act of taking out money or other capital
Withdrawal
Wage
Allocation
Saving
19. The outcome of an event especially as relative to an individual
Direct Car Loan
Consequence
Market Capitalization
Tax Liability
20. The economical needs of an individual
Financial Needs
Zero-Coupon Bond
Exemption
Foreclosure
21. A loan that is paid off in a fixed rate over a period of time
Total Assets
Fixed-Rate Loan
Identity Theft
Adjusted Gross Income
22. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Profit
Stock Symbol
EFT
Transfer Payments
23. The commercial activity of transporting and selling goods from a producer to a consumer
Fixed-Rate Loan
Stockholders' Equity
Distribution
I-9
24. A tax-deferred investment and savings plan that acts as a personal pension fund for employees
401 K
Liability
Interest-Only Loan
Stock Exchanges
25. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.
Lending Investments
Mortage
SEC Filings
Credit
26. Short-term and Long-term objectives that are driven by values.
Financial Goals
Compound Interest
Checkbook Register
Cannibalizing assets
27. A debt not backed by specific property to satisfy the indebtedness in case of default.
Unsecured Debt
Probate
Shares Outstanding
Bank Statement
28. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time
Retirement Planning
1040 EZ tax form
Vesting
FICA
29. The percentage of a sum of money charged for its use
Interest Rate
Reconcile
Billing Statement
Transfer Payments
30. An act of economizing
Decison-making
Saving
Stock Exchanges
Deductions
31. Give back (tax return)
EDGAR
Debt Consolidation
Financial Goals
Return
32. Financial organization that pools people's money and invests it
Mutual Funds
Maintain
Preferred Stock
Market Capitalization
33. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Certificates of Deposit
Total Assets
Line of Credit
Forbearance
34. Diagnosis Codes (in CCB Popup if more then 5 codes)
Issuer
I-9
Income Statement
Loan Shark
35. The co-option of another person's personal information (e.g. - name - social security number - credit card number - passport) without that person's knowledge and the fraudulent use of such knowledge
Forbearance
Beneficiary
Withdrawal
Identity Theft
36. A general and progressive increase in prices
Balance
Transaction
Inflation
Stocks
37. All costs or bills related to the business
Float
Usury
Expenses
Liability
38. Grant use or occupation of under a term of contract
Rent
Pay Period
Probate
Maintain
39. Certificates that represent money the government has borrowed from private citizens
Maintain
Credit
Liability
Bonds
40. Income on which tax must be paid; total income minus exemptions and deductions
dividends
Securities
Taxable Income
Payday Loan
41. Diagnosis Codes (in CCB Popup if more then 5 codes)
I-9
Decison-making
Income
Rent
42. Stock other than preferred stock
EDGAR
1040 EZ tax form
Common Stock
Premium
43. An estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share
Credit
Market Capitalization
Stock Symbol
Unsecured Debt
44. An amount that credit card companies can charge for the use of a credit card.
Annual Fee
Checkbook Register
Coverage
Investing
45. The amount accruing to the corporations owners
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46. A debt; something disadvantageous
W-4
Liability
Insolvent
401 K
47. The recipient of funds or other benefits
Financial Needs
Beneficiary
Interest Rate
Common Stock
48. The shares available to sell/buy
Deposit
Maintain
Adjusted Gross Income
Shares Outstanding
49. A general and progressive increase in prices
Stockholders' Equity
Profit
Mutual Funds
Inflation
50. Total assets minus total liabilities
Gross Income
Mutual Funds
Exemption
Net Worth