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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. The rights of an individual to own - use - rent - invest in - buy - and sell property.






2. The economical needs of an individual






3. A periodic statement prepared by a bank for each client






4. Financial statement that reports cash receipts and disbursements related to a firm's three major activities: operations - investments - and financing.






5. A bond with zero discounts






6. An automatic loan made to you if you write a check for more money than you have in your account






7. Anything that is used to produce goods or services






8. The interest rate that a bond issuer will pay to a bondholder






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






10. Something that is made open or revealed






11. The shares available to sell/buy






12. The amount of tax owed






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






14. A loan where a borrower gets a cash advanced based on his paycheck. These loans generally must be repaid on the next payday.






15. Loan deal in which the actual lender may not be known to the borrower.






16. The act of taking out money or other capital






17. A loan where the payment is acheived through interest






18. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)






19. Limited quantities of resources to meet unlimited wants






20. A delay in enforcing rights or claims or privileges






21. 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.






22. Maintain by writing regular records






23. A long-term loan extended to someone who buys property






24. An evaluation by a rating company of the probability that a particular bond issue will default






25. Items of personal interest to collectors that can increase in value in the future






26. Loan with equal number of payments of the same amount over a fixed period of time.






27. The act of proving that an instrument purporting to be a will was signed and executed in accord with legal requirements






28. Programs aimed at helping employees integrate - assimilate - and transition to new jobs






29. A loan made on the signature and credit of the borrower - not secured by collateral. Credit card. (Debenture)






30. Beliefs of a person or social group in which they have an emotional investment (either for or against something)






31. Loan deal in which the actual lender may not be known to the borrower.






32. Something of value; a resource; an advantage






33. A debt; something disadvantageous






34. Limited quantities of resources to meet unlimited wants






35. A regular payment to a person that iis intended to allow them to subsist without working






36. Interest calculated on both the principal and the accrued interest






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






38. The process of managing one's assets and wealth






39. A bond with zero discounts






40. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received






41. Receiving money for loaning money






42. 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






43. The amount accruing to the corporations owners

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44. The shares available to sell/buy






45. Is your gross income after certain reductions have been made






46. Can be found in a newspaper and shows information about popular stocks.






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






48. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure






49. A person appointed by a testator to carry out the terms of the will






50. An accounting entry acknowledging income or capital items







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Can you answer 50 questions in 15 minutes?


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