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






2. Production of a certain amount






3. A general and progressive increase in prices






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






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






6. The process of making a decision - usually complex






7. 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.






8. Compute credits and debits of an account






9. An accounting entry acknowledging sums that are owing






10. The apparent worth as opposed to the real worth






11. Shares of ownership in a company






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






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






14. The time interval between the deposit of a check in a bank and its payment






15. Place to create a savings account.






16. The act of taking out money or other capital






17. Having honest intentions






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






19. Receiving money for loaning money






20. Having honest intentions






21. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy






22. Money paid to a worker






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






24. Whatever must be given up to obtain some item






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






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






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






28. Concern for ones own well being and advantages






29. An obligation to pay money to another party






30. The withholding form each new employee fills out - stating the number of exemptions. the more exemptions listed - the less withholding tax will be taken from the paycheck.






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






32. A loan where the payment is acheived through interest






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






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






35. The percentage of a sum of money charged for its use






36. An amount that credit card companies can charge for the use of a credit card.






37. The apparent worth as opposed to the real worth






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






39. A debt; something disadvantageous






40. 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.






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






42. Place to create a savings account.






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






44. Making money for owning something






45. Arrangement for deferred payment for goods and services






46. A fixed charge for borrowing money






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






48. Loan where the lender goes through the borrower






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






50. All costs or bills related to the business