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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. Programs aimed at helping employees integrate - assimilate - and transition to new jobs
Expenses
Personal Allowances
Statement of Cash Flows
On-Boarding
2. A debt; something disadvantageous
Incentives
Rent
Interest Rate
Liability
3. Diagnosis Codes (in CCB Popup if more then 5 codes)
Tax Liability
Wage
I-9
Identity Theft
4. Concern for ones own well being and advantages
Self-Interest
Financial Statements
Statement of Cash Flows
Transaction Fee
5. The act of taking out money or other capital
Withdrawal
Stocks
Phishing
Stockholders' Equity
6. An evaluation by a rating company of the probability that a particular bond issue will default
Usury
Liability
Unsecured Debt
Bond Rating
7. Profits paid to investors
Transfer Payments
Lending Investments
dividends
Interest Rate
8. An exchange that occurs as a compromise
Nonprofit Organization
1040 tax form
Credit
Trade-off
9. A yearly statement of the financial condition - progress - and expectations of an organization
Gross Income
Risk
Nonprofit Organization
Annual Report
10. 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
Exemptions
Forbearance
Checkbook Register
Transaction
11. Give back (tax return)
Total Assets
Return
Predatory Lending
Beneficiary
12. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Unsecured Debt
EDGAR
Profit
Mortage
13. Time deposits that state the amount of the deposit - maturity - and rate of intrest being paid
Ownership Investments
Certificates of Deposit
Income
Saving
14. The act of committing money or capital to an endeavor (a business - project - real estate - etc.) with the expectation of obtaining an additional income or profit.
Unsecured Debt
Investing
Nonprofit Organization
1040 EZ tax form
15. A share set aside for a specific purpose
Exchange-Traded Funds
Allocation
Executor
Bonds
16. The act of lending money at an exorbitant rate of interest
Lending Investments
Usury
dividends
Transaction Fee
17. Someone who lends money at excessive rates of interest
Loan Shark
Withdrawal
Late Fee
Interest-Only Loan
18. A business activity that changes assets - liabilities - or owner's equity
Secured Debt
Transaction
Yield
Mutual Funds
19. The process of making a decision - usually complex
Balance Sheet
Decison-making
Interest
Transfer Payments
20. An accounting entry acknowledging income or capital items
Compound Interest
Financial Needs
Credit
Gross Income
21. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Net Income
Interest
Compound Interest
Balance
22. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Total Assets
Cannibalizing assets
Net Worth
Deductible
23. 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.
Investing
Deductible
Exemption
Secured Debt
24. Protection against future loss
dividends
Asset Allocation
Insurance
Executor
25. A general and progressive increase in prices
Maintain
Financial Goals
Unsecured Debt
Inflation
26. Cash payments made by the government to people who do not supply goods - services - or labor in exchange for these payments. They include Social Security benefits - veterans' benefits - and welfare payments.
Profit
Transfer Payments
Debit
Stocks
27. Beliefs of a person or social group in which they have an emotional investment (either for or against something)
Vesting
Values
Interest-Only Loan
EFT
28. A bank account that accumulates interest
Income
Common Stock
Billing Statement
Savings Account
29. An institution that issues something (securities or publications or currency etc.)
Direct Car Loan
Preferred Stock
Personal Allowances
Issuer
30. The commercial activity of transporting and selling goods from a producer to a consumer
Profit
Bonds
Distribution
Stockholders' Equity
31. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Foreclosure
Indirect Car Loan
Stockholders' Equity
Preferred Stock
32. Loan with equal number of payments of the same amount over a fixed period of time.
Taxable Income
Exchange-Traded Funds
Deductible
Installment Loan
33. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.
Securities
Market Capitalization
Present Value
Opportunity Cost
34. A loan in which the rate can be altered to adjust to economical need
Stocks
Adjustable-Rate Loan
Scarcity
Billing Statement
35. Something that is made open or revealed
Debt Consolidation
EDGAR
Forbearance
Disclosure
36. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.
Forbearance
Balance Sheet
Personal Allowances
SEC Filings
37. Institution that functions much like a business - but does not operate for the purpose of generating profits
Investing
Salary
Saving
Nonprofit Organization
38. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money
Financial Institution
Insurance
Exchange-Traded Funds
Risk
39. An accounting entry acknowledging sums that are owing
Debit
Wage
1040 tax form
Return
40. Grant use or occupation of under a term of contract
Salary
Rent
Total Assets
1040 tax form
41. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Cash
Identity Theft
Late Fee
Net Income
42. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
Resources
Preferred Stock
Will
1040 tax form
43. The money(usually a set amount) given to an individual to spend
Compound Interest
EFT
Personal Allowances
Bond Rating
44. Arrangement for deferred payment for goods and services
Credit
401 K
Float
Probate
45. A loan that is paid off in a fixed rate over a period of time
Investing
Fixed-Rate Loan
Vesting
Personal Budget
46. Income on which tax must be paid; total income minus exemptions and deductions
Bank Statement
Taxable Income
Stock Exchanges
EFT
47. The process of managing one's assets and wealth
Unsecured Loan
Wealth Management
Balance
Mutual Funds
48. A loan where the payment is acheived through interest
Transaction
Interest-Only Loan
Transaction Fee
Certificates of Deposit
49. An automatic loan made to you if you write a check for more money than you have in your account
Saving
Certificates of Deposit
Overdraft protection
I-9
50. The distribution of investment funds among broad classes of assets.
Asset Allocation
Withdrawal
Payday Loan
Unsecured Loan