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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. Loan where the lender goes through the borrower






2. The right to take another's property if an obligation is not discharged






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






4. A tax-deferred investment and savings plan that acts as a personal pension fund for employees






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






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






7. Profits paid to investors






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






9. The value of a security that is set by the company issuing it






10. Your periodic credit card bill - which describes and summarizes all the outstanding balances - purchases - payments - credits - finance charges and other transactions for the month






11. A penalty for making a payment after the due date






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






13. The act of taking out money or other capital






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






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






16. Items which the IRS allows to be subtracted from your gross taxable income in order to determine your taxable income.






17. Making money for owning something






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






19. All costs or bills related to the business






20. Limited quantities of resources to meet unlimited wants






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






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






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






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






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






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






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






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






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






30. A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)






31. The co-option of another person's personal information (e.g. - name - social security number - credit card number - passport) without that person's knowledge and the fraudulent use of such knowledge






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






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






34. Protection against future loss






35. 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






36. Compute credits and debits of an account






37. Bring into consonance or accord - to agree on terms






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






39. A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)






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






41. A bond with zero discounts






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






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






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






45. Savings account that pays market rate or better interest and allows access to funds without penalty.






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






47. Total assets minus total liabilities






48. An obligation to pay money to another party






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






50. An accounting entry acknowledging income or capital items







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


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