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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. An exchange that occurs as a compromise






2. A penalty for making a payment after the due date






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






4. The money paid for employee services






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






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






7. A penalty for making a payment after the due date






8. Any of a number of fraudulent - deceptive - discriminatory - or unfavorable lending practices. Many of these practices are illegal - while others are legal but not in the best interest of the borrowers.






9. Place to create a savings account.






10. The right to take another's property if an obligation is not discharged






11. An institution that issues something (securities or publications or currency etc.)






12. The act of lending money at an exorbitant rate of interest






13. A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index






14. A bank account that accumulates interest






15. Stock other than preferred stock






16. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation






17. The economical needs of an individual






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






19. Shares of ownership in a company






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






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






22. An accounting entry acknowledging sums that are owing






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






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






25. Compute credits and debits of an account






26. The act of lending money at an exorbitant rate of interest






27. Time deposits that state the amount of the deposit - maturity - and rate of intrest being paid






28. An accounting entry acknowledging income or capital items






29. An institution that issues something (securities or publications or currency etc.)






30. A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index






31. 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






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






33. An accounting entry acknowledging income or capital items






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






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






36. A trust taking effect during the lifetime of a trustor. Also called an inter vivos trust.






37. A bond with zero discounts






38. A yearly statement of the financial condition - progress - and expectations of an organization






39. Limited quantities of resources to meet unlimited wants






40. An obligation to pay money to another party






41. Institution that functions much like a business - but does not operate for the purpose of generating profits






42. Payment for insurance






43. The act of reducing the selling price of merchandise






44. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money






45. 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






46. A payment given as a guarantee that an obligation will be met






47. Electronic Funds Transfer






48. The apparent worth as opposed to the real worth






49. Income before taxes






50. A business activity that changes assets - liabilities - or owner's equity







Sorry!:) No result found.

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