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. The standard IRS form for individual tax returns.
Indirect Car Loan
Present Value
Stockholders' Equity
1040 tax form
2. An extra charge for various credit activities such as using an ATM or receiving a cash advance
Transaction Fee
Vesting
Reconcile
Saving
3. Maintain by writing regular records
Bank Statement
Maintain
Income
Tax Liability
4. Receiving money for loaning money
Interest Rate
Bond Rating
Preferred Stock
Lending Investments
5. Programs aimed at helping employees integrate - assimilate - and transition to new jobs
Mortage
On-Boarding
Fixed-Rate Loan
Disclosure
6. The recipient of funds or other benefits
Par Value
Insurance
Beneficiary
Withdrawal
7. A debt; something disadvantageous
Wealth Management
Bond Rating
Nonprofit Organization
Liability
8. A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
Exemption
Savings Register
Face Value
Loan
9. The distribution of investment funds among broad classes of assets.
Transaction Fee
Asset Allocation
Compound Interest
Income
10. Concern for ones own well being and advantages
Self-Interest
Financial Institution
Incentives
Interest Rate
11. Bring into consonance or accord - to agree on terms
Liability
Reconcile
Scarcity
Liability
12. Financial organization that pools people's money and invests it
Mutual Funds
Pension
Disclosure
Interest
13. A loan in which the rate can be altered to adjust to economical need
Adjustable-Rate Loan
Billing Statement
Income Statement
Common Stock
14. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights
Expenses
Preferred Stock
Predatory Lending
Line of Credit
15. Your periodic credit card bill - which describes and summarizes all the outstanding balances - purchases - payments - credits - finance charges and other transactions for the month
Billing Statement
Shares Outstanding
Time value of money
Vesting
16. The fee - expressed as a percentage - a borrower owes for the use of a creditor's money. At an interest rate of 10% - a borrower would pay $110 for $100 borrowed.
Interest Rate
Loan Shark
Exemptions
Wage
17. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail
Phishing
Scarcity
SEC Filings
Deduction
18. 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
Loan Shark
Transfer Payments
Exemptions
Vesting
19. Making money for owning something
Risk
Ownership Investments
Opportunity Cost
Transaction Fee
20. The act of reducing the selling price of merchandise
Bond Rating
Late Fee
Fixed-Rate Loan
Deduction
21. Grant use or occupation of under a term of contract
Exemptions
Premium
Rent
Executor
22. Short for Federal Insurance Contributions Act - the name given on the paycheck stub for Social Security and Medicare taxes. The employee pays some of the FICA tax - and and the employer pays some of this tax for each employee. Social Security pays be
Interest Rate
Trade-off
FICA
Wealth Management
23. The value of a security that is set by the company issuing it
Par Value
EDGAR
1040 EZ tax form
Return
24. An evaluation by a rating company of the probability that a particular bond issue will default
Bond Rating
On-Boarding
Liability
Debit
25. An amount that credit card companies can charge for the use of a credit card.
Pay Period
Annual Fee
Bank Statement
Rent
26. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money
Saving
Financial Institution
Overdraft protection
Mortage
27. 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
Stockholders' Equity
Market Capitalization
Opportunity Cost
Forbearance
28. A debt not backed by specific property to satisfy the indebtedness in case of default.
Unsecured Debt
Face Value
Direct Car Loan
Will
29. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail
Transaction
Phishing
Inflation
Coupon Rate
30. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure
Exchange-Traded Funds
Total Debt
Deductible
Float
31. Someone who lends money at excessive rates of interest
Property Rights
Cash
Bank Statement
Loan Shark
32. Profits paid to investors
Bond Rating
Par Value
dividends
Billing Statement
33. The maximum credit that a customer is allowed
Transaction
Line of Credit
Interest Rate
Phishing
34. Programs aimed at helping employees integrate - assimilate - and transition to new jobs
On-Boarding
401 K
Time value of money
Adjustable-Rate Loan
35. Income before taxes
Checkbook Register
Resources
Gross Income
Personal Allowances
36. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time
W-4
Vesting
Scarcity
Stock Exchanges
37. All costs or bills related to the business
Zero-Coupon Bond
Expenses
Foreclosure
Common Stock
38. Is your gross income after certain reductions have been made
Overdraft protection
Adjusted Gross Income
Installment Loan
Forbearance
39. The standard IRS form for individual tax returns.
Indirect Car Loan
Personal Allowances
Saving
1040 tax form
40. Give back (tax return)
Return
Mutual Funds
Nonprofit Organization
Indirect Car Loan
41. Loan deal in which the actual lender may not be known to the borrower.
Indirect Car Loan
W-4
Bankruptcy
Total Debt
42. Institution that functions much like a business - but does not operate for the purpose of generating profits
Asset
Foreclosure
Nonprofit Organization
Expenses
43. The time interval between the deposit of a check in a bank and its payment
Overdraft protection
Disclosure
Present Value
Float
44. A long-term loan extended to someone who buys property
EDGAR
Mortage
Balance Sheet
Bankruptcy
45. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
Resources
Bankruptcy
Probate
Maturity Date
46. The apparent worth as opposed to the real worth
Loan Shark
Allocation
Yield
Face Value
47. Bring into consonance or accord - to agree on terms
Stock Symbol
Transaction
Reconcile
Financial Needs
48. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.
Securities
Credit
Index Fund
Liability
49. An exchange that occurs as a compromise
Trade-off
Exemptions
Ownership Investments
Executor
50. A bond with zero discounts
Interest
Zero-Coupon Bond
Interest
Liability