SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Financial Literacy Basics
Start Test
Study First
Subjects
:
literacy
,
personal-finance
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. On a credit card - the length of time you have before you start accumulating interest on an unpaid balance.
stocks
capital loss
grace period
market risk
2. A unit of ownership in a corporation
stocks
bond
deductible
yield
3. An amount that credit card companies can charge for the use of a credit card.
interest
Rule of 72
maturity date
annual fee
4. The difference between a lower selling price and a higher purchase price resulting in a financial loss for the seller
political risk
capital loss
permanent investment
social security tax
5. Bonds designed for investors wanting to protect again inflation losses
annual report
collectibles
Series I Savings Bond
mutual funds
6. The amount of money someone is willing to loan you.
chapter 13
grace period
principal
opportunity cost
7. Associated with owning stock of similar groups of businesses
coverage limit
industry risk
career
credit score
8. Wall Street Journal and Barron's
over-the-limit fee
investor services
well-known financial newspapers
phishing
9. Management of investment alternatives to maximize the growth of your portfolio
Securities and Exchange Commission
dividend
diversification
strategic investing
10. A spending plan for managing money during a given period of time.
budget
systematic investing
chapter 7
discount brokers
11. Debt obligations of corporations
credit union
annual fee
stock
corporate bonds
12. An amount that credit card companies can charge for the use of a credit card.
well-known investor services
annual fee
principal
Series I Savings Bond
13. The setting aside of money for future use or other investments
speculative investments
phishing
pay yourself first - P.Y.F.
credit history
14. Business Weekly & Forbes & Money
state income tax
universal default
well-know financial magazines
permanent investment
15. A mathematical method that can be used to show how long it will take to double your money in an investment simply by dividing 72 by the rate of interest.
interest-rate risk
Rule of 72
stock
share account
16. People trained to give investment advise based on your goals & age & lifestyle & etc
universal default
financial advisers
opportunity cost
debit card
17. Brokers who provide clients with analysis and opinions
principal
discount brokers
stocks
full-service broker
18. Is a numerical rating - based on credit report information that represents a person's level of creditworthiness
state income tax
variable expenses
credit score
stock
19. Discount bonds; a bond purchased for less than the maturity value; example you buy a $50 bond for $25
Series EE Savings Bond
company risk
short term goal
interest
20. Smaller decisions that can result from a major decision.
career
satellite decisions
social security tax
speculative investments
21. Standard and Poor's and Moody's
well-known investor services
well-known financial newspapers
spyware
political risk
22. The probability that injury - damage - or loss will occur.
coverage limit
systematic investing
risk
periodic or occasional expenses
23. Property consisting of houses and land
stock market
strategic investing
real estate
strategic investing
24. Brokers who provided little or no information to clients
discount brokers
debt
grace period
futures
25. A legal process to get out of debt when you can no longer make all your required payments.
risk averse
wants
bankruptcy
real estate
26. Is a numerical rating - based on credit report information that represents a person's level of creditworthiness
credit score
Rule of 72
wants
Investing
27. People trained to give investment advise based on your goals & age & lifestyle & etc
financial advisers
initial investing
interest
inflation
28. The setting aside of money for future use or other investments
periodic or occasional expenses
risk averse
APR - Average Percentage Rate
pay yourself first - P.Y.F.
29. The date on which the borrowed money must be repaid
maturity date
credit score
US Treasury Bonds
Series I Savings Bond
30. Contacts to buy and sell commodities or stocks for a specific price on a specific date
capital gain
well-known investor services
futures
US Treasury Bonds
31. A payroll deduction collected by employers by law and sent to the federal government to provide a small income and other services to the elderly - disabled Americans - and orphaned minors.
US Treasury Bonds
social security tax
full-service broker
principal
32. Low-priced stocks of small companies that have no track record
credit history
penny stocks
deductible
non-market risk
33. A fee charged to a borrower (especially for a mortgage loan) to cover the costs of initiating the loan.
tax deferred
credit report
company risk
origination fee
34. The entire amount of money you owe to lenders
debt
interest
origination fee
interest
35. Merrill Lynch & Fidelity Investments & American Express
savings account
share draft account
well-know full-service brokers
opportunity cost
36. The amount a corporation borrowed in a bond situation
savings
principal
risk management
discount brokers
37. The value of What is given up when you choose one option over another.
capital gain
mutual fund
US Treasury Bills
opportunity cost
38. The chance that an investment's value will decrease
tax deferred
investing risk
values
tax deferred
39. A chosen pursuit - profession - or occupation
stock
mutual fund
opportunity cost
career
40. A bad side effect of free downloads that may be used to send you pop-up ads - redirect your computer to unwanted Web sites - monitor your Internet surfing - or record your keystrokes in an effort to steal your identity.
checking account
budget
collectibles
spyware
41. The chance that an investment's value will decrease
maturity date
satellite decisions
state income tax
investing risk
42. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail or pop-up messages.
credit score
phishing
annual fee
credit limit
43. The place where stocks are bought and sold.
capital loss
cash flow
put-and-take account
stock market
44. A general and progressive increase in prices
inflation
interest-rate risk
dollar cost average
risk management
45. An investment security that is actually a diversified portfolio of equities - bonds or other securities. Investors purchase shares and can sell them at any time.
spyware
values
mutual fund
career
46. Merrill Lynch & Fidelity Investments & American Express
well-know full-service brokers
share draft account
discount brokers
discount brokers
47. The profit from an investment.
industry risk
yield
dollar cost average
Rule of 72
48. Losses in an investment as a result of the business cycle
US Treasury Bonds
full-service broker
market risk
savings account
49. The amount a corporation pays at a fixed amount when repaying a bond
real estate
risk taker
interest
capital loss
50. Management of investment alternatives to maximize the growth of your portfolio
penny stocks
dollar cost average
strategic investing
company risk
Sorry!:) No result found.
Can you answer 50 questions in 15 minutes?
Let me suggest you:
Browse all subjects
Browse all tests
Most popular tests
Major Subjects
Tests & Exams
AP
CLEP
DSST
GRE
SAT
GMAT
Certifications
CISSP go to https://www.isc2.org/
PMP
ITIL
RHCE
MCTS
More...
IT Skills
Android Programming
Data Modeling
Objective C Programming
Basic Python Programming
Adobe Illustrator
More...
Business Skills
Advertising Techniques
Business Accounting Basics
Business Strategy
Human Resource Management
Marketing Basics
More...
Soft Skills
Body Language
People Skills
Public Speaking
Persuasion
Job Hunting And Resumes
More...
Vocabulary
GRE Vocab
SAT Vocab
TOEFL Essential Vocab
Basic English Words For All
Global Words You Should Know
Business English
More...
Languages
AP German Vocab
AP Latin Vocab
SAT Subject Test: French
Italian Survival
Norwegian Survival
More...
Engineering
Audio Engineering
Computer Science Engineering
Aerospace Engineering
Chemical Engineering
Structural Engineering
More...
Health Sciences
Basic Nursing Skills
Health Science Language Fundamentals
Veterinary Technology Medical Language
Cardiology
Clinical Surgery
More...
English
Grammar Fundamentals
Literary And Rhetorical Vocab
Elements Of Style Vocab
Introduction To English Major
Complete Advanced Sentences
Literature
Homonyms
More...
Math
Algebra Formulas
Basic Arithmetic: Measurements
Metric Conversions
Geometric Properties
Important Math Facts
Number Sense Vocab
Business Math
More...
Other Major Subjects
Science
Economics
History
Law
Performing-arts
Cooking
Logic & Reasoning
Trivia
Browse all subjects
Browse all tests
Most popular tests