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. All costs or bills related to the business






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






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






4. Receiving money for loaning money






5. The amount accruing to the corporations owners

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






7. Short-term and Long-term objectives that are driven by values.






8. 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






9. The economical needs of an individual






10. Things that incite or spur to action; rewards or reasons for performing a task.






11. Total assets minus total liabilities






12. 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.






13. Protection against future loss






14. Having honest intentions






15. A loan in which the rate can be altered to adjust to economical need






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






17. Time deposits that state the amount of the deposit - maturity - and rate of intrest being paid






18. The apparent worth as opposed to the real worth






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






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






21. The amount of money you would need to deposit now in order to attain a desired amount in the future






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






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






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






25. 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.






26. Protection against future loss






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






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






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






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






31. The money paid for employee services






32. The period covered by a salary payment






33. 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.






34. 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.






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






36. Something that is made open or revealed






37. Something that is made open or revealed






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






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






40. A bank account that accumulates interest






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






42. The period covered by a salary payment






43. 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






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






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






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






47. Whatever must be given up to obtain some item






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






49. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail






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