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. Programs aimed at helping employees integrate - assimilate - and transition to new jobs
On-Boarding
Mutual Funds
I-9
Usury
2. A penalty for making a payment after the due date
Withdrawal
Late Fee
Will
Common Stock
3. Something that is made open or revealed
Market Capitalization
Saving
Disclosure
Lien
4. Immunity from a general burden - tax or charge; in bankruptcy or judgment executions - that portion of the debtor's property that cannot be liquidiated and applied to her debts
Financial Statements
APR
Exemptions
Cannibalizing assets
5. A loan that is paid off in a fixed rate over a period of time
Net Worth
Premium
Salary
Fixed-Rate Loan
6. Concern for ones own well being and advantages
Self-Interest
Values
Distribution
Living Trust
7. The standard IRS form for individual tax returns.
Cannibalizing assets
Asset
1040 tax form
Adjustable-Rate Loan
8. A venture undertaken without regard to possible loss or injury
Risk
Financial Goals
Credit
Common Stock
9. Interest calculated on both the principal and the accrued interest
Installment Loan
Total Debt
Compound Interest
Secured Loan
10. The outcome of an event especially as relative to an individual
Consequence
SEC Filings
Exemptions
Transaction
11. A loan that is paid off in a fixed rate over a period of time
Fixed-Rate Loan
Exemption
Yield
Self-Interest
12. Financial reports that summarize the financial condition and operations of a business
Stock Table
Total Assets
Financial Statements
On-Boarding
13. A person appointed by a testator to carry out the terms of the will
Deductible
Executor
Collectibles
Cannibalizing assets
14. An accounting entry acknowledging sums that are owing
Personal Budget
Probate
Bond Rating
Debit
15. A penalty for making a payment after the due date
Adjusted Gross Income
Expenses
Late Fee
Common Stock
16. A bond with zero discounts
Zero-Coupon Bond
Income Statement
Rent
Mutual Funds
17. The act of proving that an instrument purporting to be a will was signed and executed in accord with legal requirements
Lending Investments
Probate
Market Capitalization
Exchange-Traded Funds
18. A loan made on the signature and credit of the borrower - not secured by collateral. Credit card. (Debenture)
Reconcile
Decison-making
Unsecured Loan
Deductions
19. The economical needs of an individual
Profit
Financial Needs
Transaction Fee
Foreclosure
20. Having honest intentions
Bond Rating
Good Faith
Stock Table
Beneficiary
21. Funds that pay part of their distributions out of principal cannibalize their assets. This depletes the fund's asset base. Funds cannibalize assets to maintain a dividend and keep shareholders happy. However - like feeding a cow its own milk - this p
Cannibalizing assets
Good Faith
Living Trust
Zero-Coupon Bond
22. A payment given as a guarantee that an obligation will be met
Statement of Cash Flows
I-9
Deposit
Face Value
23. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation
Direct Car Loan
Late Fee
Time value of money
Statement of Cash Flows
24. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
Securities
Secured Debt
Secured Loan
Bankruptcy
25. Preparing a plan for transferring property during one's lifetime and at one's death
Estate Planning
Ownership Investments
Face Value
Net Worth
26. Simplified IRS tax form which some individuals can file instead of the 1040 form.
Annual Report
Bond Rating
Interest
1040 EZ tax form
27. By planning ahead you can ensure financial stability during your retirement.
Retirement Planning
Market Capitalization
Line of Credit
Inflation
28. Whatever must be given up to obtain some item
Secured Debt
Issuer
Opportunity Cost
Payday Loan
29. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Gross Income
Tax Liability
Stock Symbol
Adjusted Gross Income
30. An institution that issues something (securities or publications or currency etc.)
Issuer
Living Trust
Asset
W-4
31. A loan backed by something valuable - such as property
Allocation
Secured Loan
Checkbook Register
Transaction Fee
32. The act of lending money at an exorbitant rate of interest
Usury
Late Fee
Total Debt
Exemptions
33. Someone who has insufficient assets to cover their debts
Insolvent
dividends
EDGAR
Cash
34. Shares of ownership in a company
Issuer
Saving
Ownership Investments
Stocks
35. Having honest intentions
Lien
Good Faith
EFT
Par Value
36. Anything that is used to produce goods or services
Line of Credit
Ownership Investments
Vesting
Resources
37. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
Nonprofit Organization
Stock Exchanges
Preferred Stock
Cash
38. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Deposit
Unsecured Loan
Stock Symbol
Maturity Date
39. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
On-Boarding
Exchange-Traded Funds
Interest-Only Loan
Profit
40. Income on which tax must be paid; total income minus exemptions and deductions
Taxable Income
Interest
Cash
Coupon Rate
41. Things that incite or spur to action; rewards or reasons for performing a task.
Stock Symbol
Bankruptcy
Incentives
Ownership Investments
42. Concern for ones own well being and advantages
Issuer
Tax Liability
Savings Account
Self-Interest
43. 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
44. Can be found in a newspaper and shows information about popular stocks.
Stock Table
Secured Debt
Interest Rate
Balance
45. Business organizations that accommodate the buying and selling of securities.
Stock Exchanges
EDGAR
Personal Allowances
Trade-off
46. Time deposits that state the amount of the deposit - maturity - and rate of intrest being paid
Beneficiary
Loan Shark
Certificates of Deposit
Forbearance
47. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
Net Income
Deposit
Unsecured Debt
Deductible
48. By planning ahead you can ensure financial stability during your retirement.
Transaction
Income
Retirement Planning
Expenses
49. Protection against future loss
Retirement Planning
Billing Statement
Insurance
Maturity Date
50. The recipient of funds or other benefits
Trade-off
Net Income
Beneficiary
Wage