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 yearly statement of the financial condition - progress - and expectations of an organization
Wealth Management
Annual Report
Liability
Usury
2. Production of a certain amount
Transfer Payments
Deposit
Risk
Yield
3. A general and progressive increase in prices
Interest Rate
Inflation
Savings Register
Taxable Income
4. The financial gain (earned or unearned) accruing over a given period of time
Income
Maturity Date
Unsecured Loan
Cannibalizing assets
5. Financial organization that pools people's money and invests it
Decison-making
Scarcity
Mutual Funds
Forbearance
6. The process of making a decision - usually complex
Lien
1040 tax form
Cannibalizing assets
Decison-making
7. Any of a number of fraudulent - deceptive - discriminatory - or unfavorable lending practices. Many of these practices are illegal - while others are legal but not in the best interest of the borrowers.
Predatory Lending
Distribution
Profit
Deductible
8. Compute credits and debits of an account
Secured Loan
Balance
Debit
Float
9. An accounting entry acknowledging sums that are owing
Estate Planning
Debit
Saving
Unsecured Debt
10. The apparent worth as opposed to the real worth
Time value of money
Interest Rate
Loan Shark
Face Value
11. Shares of ownership in a company
Stocks
Checkbook Register
Foreclosure
Index Fund
12. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Net Worth
Stock Symbol
Income
Stock Exchanges
13. The money(usually a set amount) given to an individual to spend
Personal Allowances
Income
Credit
Indirect Car Loan
14. The time interval between the deposit of a check in a bank and its payment
Float
Cannibalizing assets
Bank Statement
Rent
15. Place to create a savings account.
Cannibalizing assets
Tax Liability
Savings Register
Checkbook Register
16. The act of taking out money or other capital
Adjusted Gross Income
Cannibalizing assets
Withdrawal
Decison-making
17. Having honest intentions
Consequence
Mortage
Good Faith
Zero-Coupon Bond
18. An automatic loan made to you if you write a check for more money than you have in your account
Overdraft protection
Liability
Transaction Fee
Bonds
19. Receiving money for loaning money
Securities
Will
Lending Investments
Balance
20. Having honest intentions
Balance
Inflation
Good Faith
Liability
21. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
Values
Bankruptcy
Bond Rating
Deduction
22. Money paid to a worker
Risk
Insolvent
Zero-Coupon Bond
Wage
23. The act of proving that an instrument purporting to be a will was signed and executed in accord with legal requirements
Property Rights
Stock Table
Savings Account
Probate
24. Whatever must be given up to obtain some item
Maintain
Personal Budget
Opportunity Cost
Transaction
25. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt
Zero-Coupon Bond
Payday Loan
Debt Consolidation
Loan Shark
26. A financial statement that gives operating results for a specific period
On-Boarding
Income Statement
Line of Credit
Zero-Coupon Bond
27. The act of lending money at an exorbitant rate of interest
401 K
Usury
Line of Credit
Secured Debt
28. Concern for ones own well being and advantages
Bonds
Self-Interest
Indirect Car Loan
Coverage
29. An obligation to pay money to another party
Unsecured Loan
Allocation
Bankruptcy
Liability
30. The withholding form each new employee fills out - stating the number of exemptions. the more exemptions listed - the less withholding tax will be taken from the paycheck.
Time value of money
Maintain
W-4
Transaction Fee
31. Programs aimed at helping employees integrate - assimilate - and transition to new jobs
Coverage
Stocks
Total Debt
On-Boarding
32. A loan where the payment is acheived through interest
Lien
Interest-Only Loan
Financial Institution
Savings Account
33. An institution that issues something (securities or publications or currency etc.)
Net Income
Stock Table
Issuer
Cannibalizing assets
34. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.
Securities
Identity Theft
Ownership Investments
Values
35. The percentage of a sum of money charged for its use
Probate
Interest Rate
Return
Financial Needs
36. An amount that credit card companies can charge for the use of a credit card.
Adjustable-Rate Loan
Annual Fee
Return
Zero-Coupon Bond
37. The apparent worth as opposed to the real worth
Income Statement
Stock Table
Face Value
EFT
38. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Liability
Scarcity
Net Income
Maturity Date
39. A debt; something disadvantageous
Liability
Premium
Pay Period
Compound Interest
40. Debt backed by a mortgage - pledge of collateral - or other lien; debt for which the creditor has the right to pursue specific pledged property upon default. Examples include home mortgages - auto loans and tax liens.
Forbearance
Secured Debt
Will
Deductions
41. A payment given as a guarantee that an obligation will be met
Resources
Trade-off
Securities
Deposit
42. Place to create a savings account.
Investing
Lending Investments
SEC Filings
Savings Register
43. The financial gain (earned or unearned) accruing over a given period of time
Executor
Rent
Vesting
Income
44. Making money for owning something
Stocks
Loan Shark
Stock Exchanges
Ownership Investments
45. Arrangement for deferred payment for goods and services
Pay Period
Deductible
Debit
Credit
46. A fixed charge for borrowing money
Exemption
Deductions
Annual Report
Interest
47. Diagnosis Codes (in CCB Popup if more then 5 codes)
I-9
Payday Loan
Gross Income
Scarcity
48. Loan where the lender goes through the borrower
Reconcile
Wage
Direct Car Loan
Issuer
49. A financial statement that gives operating results for a specific period
Cannibalizing assets
Return
Mutual Funds
Income Statement
50. All costs or bills related to the business
Balance
Exemptions
Expenses
Resources