SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Wealth Management
Start Test
Study First
Subjects
:
personal-finance
,
business-skills
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. Maintain by writing regular records
1040 EZ tax form
Wealth Management
Indirect Car Loan
Maintain
2. The financial gain (earned or unearned) accruing over a given period of time
Identity Theft
Income
Secured Loan
Financial Statements
3. A debt not backed by specific property to satisfy the indebtedness in case of default.
Wealth Management
Unsecured Debt
Cash
Deposit
4. Loan where the lender goes through the borrower
Self-Interest
Decison-making
Direct Car Loan
Taxable Income
5. An obligation to pay money to another party
Bond Rating
Liability
Shares Outstanding
Will
6. Anything that is used to produce goods or services
Maintain
Yield
Fixed-Rate Loan
Resources
7. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.
Bankruptcy
Annual Report
SEC Filings
Common Stock
8. Prompt payment for goods or services in currency or by check
Resources
Overdraft protection
Cash
Executor
9. Arrangement for deferred payment for goods and services
Predatory Lending
Good Faith
Credit
Bonds
10. Shares of ownership in a company
Asset Allocation
Resources
Bankruptcy
Stocks
11. Diagnosis Codes (in CCB Popup if more then 5 codes)
Premium
Insurance
FICA
I-9
12. The apparent worth as opposed to the real worth
Face Value
Interest Rate
Income
Statement of Cash Flows
13. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation
Interest Rate
Income
Time value of money
Transaction
14. An evaluation by a rating company of the probability that a particular bond issue will default
Coverage
Debt Consolidation
Statement of Cash Flows
Bond Rating
15. Limited quantities of resources to meet unlimited wants
Property Rights
Scarcity
EFT
SEC Filings
16. Protection against future loss
Insurance
Shares Outstanding
Yield
Allocation
17. Institution that functions much like a business - but does not operate for the purpose of generating profits
Liability
Insurance
Float
Nonprofit Organization
18. The money paid for employee services
Retirement Planning
Salary
I-9
Shares Outstanding
19. The act of taking out money or other capital
Opportunity Cost
Salary
Withdrawal
1040 EZ tax form
20. Bring into consonance or accord - to agree on terms
SEC Filings
Exemptions
Good Faith
Reconcile
21. A loan where the payment is acheived through interest
Investing
Investing
Common Stock
Interest-Only Loan
22. Is your gross income after certain reductions have been made
Wealth Management
401 K
Adjusted Gross Income
Money Market Accounts
23. A payment given as a guarantee that an obligation will be met
Deposit
Cash
Issuer
Index Fund
24. Business organizations that accommodate the buying and selling of securities.
Deposit
Stock Exchanges
Net Worth
Billing Statement
25. Having honest intentions
Living Trust
Mutual Funds
Usury
Good Faith
26. 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.
Interest
Secured Debt
Unsecured Debt
Balance
27. A bond with zero discounts
Fixed-Rate Loan
Zero-Coupon Bond
Usury
Premium
28. Loan deal in which the actual lender may not be known to the borrower.
Indirect Car Loan
Billing Statement
Present Value
Index Fund
29. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Disclosure
Net Income
Probate
Balance Sheet
30. A person appointed by a testator to carry out the terms of the will
Insolvent
Financial Statements
Executor
Market Capitalization
31. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation
Adjusted Gross Income
Usury
Time value of money
Property Rights
32. This stands for annual percentage rate - which is a number calculated by taking into account the total cost of the loan - including what the borrower will pay in interest; this makes it easier to compare different loan offers
Trade-off
Stock Symbol
Resources
APR
33. A debt; something disadvantageous
Par Value
Installment Loan
Liability
Usury
34. The time interval between the deposit of a check in a bank and its payment
Float
Direct Car Loan
Withdrawal
Shares Outstanding
35. The value of a security that is set by the company issuing it
Face Value
Secured Loan
Par Value
Risk
36. The process of making a decision - usually complex
Insurance
Lien
Identity Theft
Decison-making
37. 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.
401 K
Investing
Present Value
Common Stock
38. The value of a security that is set by the company issuing it
Mortage
Zero-Coupon Bond
W-4
Par Value
39. Bring into consonance or accord - to agree on terms
Reconcile
Mutual Funds
Income Statement
Bank Statement
40. This stands for annual percentage rate - which is a number calculated by taking into account the total cost of the loan - including what the borrower will pay in interest; this makes it easier to compare different loan offers
APR
Wage
Lending Investments
Float
41. Simplified IRS tax form which some individuals can file instead of the 1040 form.
Identity Theft
Annual Fee
Scarcity
1040 EZ tax form
42. The fee - expressed as a percentage - a borrower owes for the use of a creditor's money. At an interest rate of 10% - a borrower would pay $110 for $100 borrowed.
Money Market Accounts
Interest Rate
Income Statement
Personal Budget
43. Receiving money for loaning money
Transaction Fee
Lending Investments
Personal Allowances
Preferred Stock
44. The process of making a decision - usually complex
Risk
Deductible
Balance
Decison-making
45. Financial organization that pools people's money and invests it
Installment Loan
Tax Liability
Collectibles
Mutual Funds
46. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure
Total Debt
Maturity Date
Scarcity
Collectibles
47. Short-term and Long-term objectives that are driven by values.
Deductions
Forbearance
Financial Goals
Fixed-Rate Loan
48. A periodic statement prepared by a bank for each client
Retirement Planning
Bank Statement
Adjustable-Rate Loan
Return
49. Can be found in a newspaper and shows information about popular stocks.
Resources
Balance Sheet
Adjusted Gross Income
Stock Table
50. Give back (tax return)
Return
Unsecured Debt
Balance
Good Faith