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






2. 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






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






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






5. Your periodic credit card bill - which describes and summarizes all the outstanding balances - purchases - payments - credits - finance charges and other transactions for the month






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






7. A record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets






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






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






10. An act of economizing






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






12. An act of economizing






13. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail






14. Simplified IRS tax form which some individuals can file instead of the 1040 form.






15. Production of a certain amount






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






17. An accounting entry acknowledging sums that are owing






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






19. Concern for ones own well being and advantages






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






21. The money paid for employee services






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






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






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






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






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






27. Profits paid to investors






28. A fixed charge for borrowing money






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






30. The financial gain (earned or unearned) accruing over a given period of time






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






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






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






34. Things that incite or spur to action; rewards or reasons for performing a task.






35. Prompt payment for goods or services in currency or by check






36. Receiving money for loaning money






37. The shares available to sell/buy






38. Electronic Funds Transfer






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






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






41. Funds that are often times traded through a stock exchange (NYSE)






42. A delay in enforcing rights or claims or privileges






43. A delay in enforcing rights or claims or privileges






44. Bring into consonance or accord - to agree on terms






45. Place to create a savings account.






46. Preparing a plan for transferring property during one's lifetime and at one's death






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






48. Payment for insurance






49. Concern for ones own well being and advantages






50. The amount of tax owed