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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. Concern for ones own well being and advantages






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






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






4. Someone who has insufficient assets to cover their debts






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






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






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






8. Whatever must be given up to obtain some item






9. The money paid for employee services






10. Concern for ones own well being and advantages






11. A loan backed by something valuable - such as property






12. A financial statement that gives operating results for a specific period






13. Limited quantities of resources to meet unlimited wants






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






15. Income before taxes






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






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






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






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






20. A specific plan for spending your income






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






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






23. Making money for owning something






24. Financial reports that summarize the financial condition and operations of a business






25. The shares available to sell/buy






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






27. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt






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






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






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






31. Having honest intentions






32. An obligation to pay money to another party






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






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






35. The apparent worth as opposed to the real worth






36. Arrangement for deferred payment for goods and services






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






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






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






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






41. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt






42. The amount accruing to the corporations owners

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






44. A loan where the payment is acheived through interest






45. The date on which a financial obligation must be repaid






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






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






48. Shares of ownership in a company






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






50. Give back (tax return)






Can you answer 50 questions in 15 minutes?



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