Test your basic knowledge |

Wealth Management

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. Interest calculated on both the principal and the accrued interest






2. Whatever must be given up to obtain some item






3. Stock other than preferred stock






4. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights






5. A bond with zero discounts






6. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company






7. A specific plan for spending your income






8. An obligation to pay money to another party






9. Grant use or occupation of under a term of contract






10. A record of checks written and deposits made in a checking account - kept by the depositor






11. By planning ahead you can ensure financial stability during your retirement.






12. The act of reducing the selling price of merchandise






13. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount






14. Business organizations that accommodate the buying and selling of securities.






15. A tax-deferred investment and savings plan that acts as a personal pension fund for employees






16. The time interval between the deposit of a check in a bank and its payment






17. The period covered by a salary payment






18. The act of taking out money or other capital






19. The outcome of an event especially as relative to an individual






20. The economical needs of an individual






21. A loan that is paid off in a fixed rate over a period of time






22. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group






23. The commercial activity of transporting and selling goods from a producer to a consumer






24. A tax-deferred investment and savings plan that acts as a personal pension fund for employees






25. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.






26. Short-term and Long-term objectives that are driven by values.






27. A debt not backed by specific property to satisfy the indebtedness in case of default.






28. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time






29. The percentage of a sum of money charged for its use






30. An act of economizing






31. Give back (tax return)






32. Financial organization that pools people's money and invests it






33. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company






34. Diagnosis Codes (in CCB Popup if more then 5 codes)






35. The co-option of another person's personal information (e.g. - name - social security number - credit card number - passport) without that person's knowledge and the fraudulent use of such knowledge






36. A general and progressive increase in prices






37. All costs or bills related to the business






38. Grant use or occupation of under a term of contract






39. Certificates that represent money the government has borrowed from private citizens






40. Income on which tax must be paid; total income minus exemptions and deductions






41. Diagnosis Codes (in CCB Popup if more then 5 codes)






42. Stock other than preferred stock






43. 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






44. An amount that credit card companies can charge for the use of a credit card.






45. The amount accruing to the corporations owners

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46. A debt; something disadvantageous






47. The recipient of funds or other benefits






48. The shares available to sell/buy






49. A general and progressive increase in prices






50. Total assets minus total liabilities