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






2. A debt; something disadvantageous






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






4. Concern for ones own well being and advantages






5. The act of taking out money or other capital






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






7. Profits paid to investors






8. An exchange that occurs as a compromise






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






10. 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






11. Give back (tax return)






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






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






14. The act of committing money or capital to an endeavor (a business - project - real estate - etc.) with the expectation of obtaining an additional income or profit.






15. A share set aside for a specific purpose






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






17. Someone who lends money at excessive rates of interest






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






19. The process of making a decision - usually complex






20. An accounting entry acknowledging income or capital items






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






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






23. 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.






24. Protection against future loss






25. A general and progressive increase in prices






26. Cash payments made by the government to people who do not supply goods - services - or labor in exchange for these payments. They include Social Security benefits - veterans' benefits - and welfare payments.






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






28. A bank account that accumulates interest






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






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






31. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default






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






33. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.






34. A loan in which the rate can be altered to adjust to economical need






35. Something that is made open or revealed






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






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






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






39. An accounting entry acknowledging sums that are owing






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






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






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






43. The money(usually a set amount) given to an individual to spend






44. Arrangement for deferred payment for goods and services






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






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






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






48. A loan where the payment is acheived through interest






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






50. The distribution of investment funds among broad classes of assets.