SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money
Taxable Income
Collectibles
Direct Car Loan
Financial Institution
2. Financial reports that summarize the financial condition and operations of a business
Annual Report
Unsecured Loan
Financial Statements
Credit
3. Institution that functions much like a business - but does not operate for the purpose of generating profits
Profit
Exemption
Unsecured Debt
Nonprofit Organization
4. The recipient of funds or other benefits
Income
On-Boarding
Annual Report
Beneficiary
5. Certificates that represent money the government has borrowed from private citizens
Bonds
Issuer
Reconcile
Secured Debt
6. An exchange that occurs as a compromise
Trade-off
Exemptions
Checkbook Register
Insolvent
7. Prompt payment for goods or services in currency or by check
Exemption
Stock Symbol
Cash
EDGAR
8. The apparent worth as opposed to the real worth
Face Value
Rent
Issuer
Good Faith
9. Interest calculated on both the principal and the accrued interest
Late Fee
Cash
Billing Statement
Compound Interest
10. An amount that credit card companies can charge for the use of a credit card.
Deductions
Total Debt
Maintain
Annual Fee
11. This stands for annual percentage rate - which is a number calculated by taking into account the total cost of the loan - including what the borrower will pay in interest; this makes it easier to compare different loan offers
Salary
APR
Mutual Funds
1040 tax form
12. The amount of tax owed
Tax Liability
Loan Shark
Compound Interest
Time value of money
13. Institution that functions much like a business - but does not operate for the purpose of generating profits
APR
Nonprofit Organization
Net Income
Total Debt
14. The interest rate that a bond issuer will pay to a bondholder
Stock Symbol
Installment Loan
Property Rights
Coupon Rate
15. A person appointed by a testator to carry out the terms of the will
Executor
Maturity Date
W-4
Unsecured Loan
16. A specific plan for spending your income
Living Trust
Ownership Investments
Personal Budget
EFT
17. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time
Credit
Vesting
Total Assets
Financial Goals
18. Protection against future loss
Insurance
Bond Rating
Retirement Planning
Personal Budget
19. Total assets minus total liabilities
Time value of money
Float
Interest
Net Worth
20. A penalty for making a payment after the due date
Opportunity Cost
Deductible
APR
Late Fee
21. Is your gross income after certain reductions have been made
Certificates of Deposit
Adjusted Gross Income
Annual Report
Interest-Only Loan
22. The recipient of funds or other benefits
Yield
Beneficiary
Net Worth
Savings Account
23. Limited quantities of resources to meet unlimited wants
Pay Period
Unsecured Loan
Trade-off
Scarcity
24. The standard IRS form for individual tax returns.
Adjustable-Rate Loan
1040 tax form
Income Statement
Annual Fee
25. The amount of money you would need to deposit now in order to attain a desired amount in the future
Present Value
Time value of money
Salary
Fixed-Rate Loan
26. The percentage of a sum of money charged for its use
Interest Rate
Bank Statement
Investing
Forbearance
27. Arrangement for deferred payment for goods and services
EFT
Stockholders' Equity
Credit
Money Market Accounts
28. The distribution of investment funds among broad classes of assets.
Late Fee
Asset Allocation
Pension
Transaction
29. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.
Exemption
Stock Symbol
SEC Filings
Total Debt
30. A trust taking effect during the lifetime of a trustor. Also called an inter vivos trust.
Bank Statement
Present Value
Living Trust
Mutual Funds
31. Funds that are often times traded through a stock exchange (NYSE)
Maturity Date
Exchange-Traded Funds
Pay Period
Shares Outstanding
32. Shares of ownership in a company
Collectibles
Stocks
Exemption
SEC Filings
33. Income before taxes
Deposit
Mutual Funds
Transfer Payments
Gross Income
34. A loan where the payment is acheived through interest
Interest-Only Loan
Securities
Financial Needs
Bankruptcy
35. An amount that credit card companies can charge for the use of a credit card.
Stocks
Annual Fee
Balance
Total Debt
36. The amount accruing to the corporations owners
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
37. The outcome of an event especially as relative to an individual
Consequence
Predatory Lending
Preferred Stock
Mutual Funds
38. 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
Market Capitalization
Bankruptcy
Gross Income
Coupon Rate
39. Interest calculated on both the principal and the accrued interest
Compound Interest
Deductible
Resources
Good Faith
40. The process of making a decision - usually complex
Zero-Coupon Bond
Collectibles
Present Value
Decison-making
41. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail
Deductible
Taxable Income
401 K
Phishing
42. The interest rate that a bond issuer will pay to a bondholder
Withdrawal
Debt Consolidation
Coupon Rate
Predatory Lending
43. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure
Total Debt
Securities
Risk
Coverage
44. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Stock Symbol
Adjusted Gross Income
Total Assets
Stockholders' Equity
45. All costs or bills related to the business
Debit
Expenses
Time value of money
Savings Register
46. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
Bankruptcy
Compound Interest
On-Boarding
Secured Loan
47. Programs aimed at helping employees integrate - assimilate - and transition to new jobs
On-Boarding
Unsecured Debt
Usury
Bonds
48. A financial statement that gives operating results for a specific period
Maintain
Fixed-Rate Loan
Wage
Income Statement
49. A business activity that changes assets - liabilities - or owner's equity
Transaction
Mortage
Insurance
Common Stock
50. The time interval between the deposit of a check in a bank and its payment
Float
Vesting
Withdrawal
Cannibalizing assets
Sorry!:) No result found.
Can you answer 50 questions in 15 minutes?
Let me suggest you:
Browse all subjects
Browse all tests
Most popular tests
Major Subjects
Tests & Exams
AP
CLEP
DSST
GRE
SAT
GMAT
Certifications
CISSP go to https://www.isc2.org/
PMP
ITIL
RHCE
MCTS
More...
IT Skills
Android Programming
Data Modeling
Objective C Programming
Basic Python Programming
Adobe Illustrator
More...
Business Skills
Advertising Techniques
Business Accounting Basics
Business Strategy
Human Resource Management
Marketing Basics
More...
Soft Skills
Body Language
People Skills
Public Speaking
Persuasion
Job Hunting And Resumes
More...
Vocabulary
GRE Vocab
SAT Vocab
TOEFL Essential Vocab
Basic English Words For All
Global Words You Should Know
Business English
More...
Languages
AP German Vocab
AP Latin Vocab
SAT Subject Test: French
Italian Survival
Norwegian Survival
More...
Engineering
Audio Engineering
Computer Science Engineering
Aerospace Engineering
Chemical Engineering
Structural Engineering
More...
Health Sciences
Basic Nursing Skills
Health Science Language Fundamentals
Veterinary Technology Medical Language
Cardiology
Clinical Surgery
More...
English
Grammar Fundamentals
Literary And Rhetorical Vocab
Elements Of Style Vocab
Introduction To English Major
Complete Advanced Sentences
Literature
Homonyms
More...
Math
Algebra Formulas
Basic Arithmetic: Measurements
Metric Conversions
Geometric Properties
Important Math Facts
Number Sense Vocab
Business Math
More...
Other Major Subjects
Science
Economics
History
Law
Performing-arts
Cooking
Logic & Reasoning
Trivia
Browse all subjects
Browse all tests
Most popular tests