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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. An estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share
Bonds
FICA
Predatory Lending
Market Capitalization
2. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Certificates of Deposit
Common Stock
Net Income
Unsecured Loan
3. Loan with equal number of payments of the same amount over a fixed period of time.
Distribution
Installment Loan
Yield
Interest Rate
4. A bond with zero discounts
Insurance
Zero-Coupon Bond
Stock Table
Interest Rate
5. An estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share
Reconcile
Market Capitalization
Transfer Payments
Transfer Payments
6. A record of checks written and deposits made in a checking account - kept by the depositor
Financial Needs
Checkbook Register
Mortage
Indirect Car Loan
7. Things that incite or spur to action; rewards or reasons for performing a task.
Deduction
Incentives
Index Fund
Property Rights
8. The right to take another's property if an obligation is not discharged
Asset
Total Debt
Secured Debt
Lien
9. The distribution of investment funds among broad classes of assets.
Asset Allocation
Personal Allowances
Premium
Financial Statements
10. The maximum credit that a customer is allowed
Collectibles
Common Stock
Maturity Date
Line of Credit
11. An institution that issues something (securities or publications or currency etc.)
Scarcity
APR
Issuer
Lien
12. The shares available to sell/buy
W-4
Yield
Financial Statements
Shares Outstanding
13. Preparing a plan for transferring property during one's lifetime and at one's death
Debt Consolidation
Phishing
Estate Planning
Reconcile
14. A record of checks written and deposits made in a checking account - kept by the depositor
Line of Credit
Savings Register
Unsecured Loan
Checkbook Register
15. The date on which a financial obligation must be repaid
Net Income
W-4
Financial Institution
Maturity Date
16. An exchange that occurs as a compromise
Trade-off
Shares Outstanding
Estate Planning
Transaction Fee
17. Can be found in a newspaper and shows information about popular stocks.
Interest-Only Loan
Stock Table
Return
Interest Rate
18. The act of lending money at an exorbitant rate of interest
Usury
Inflation
Incentives
Overdraft protection
19. A regular payment to a person that iis intended to allow them to subsist without working
Asset Allocation
Pension
Disclosure
Decison-making
20. The extent to which something is covered
Financial Statements
Lien
Exemption
Coverage
21. Certificates that represent money the government has borrowed from private citizens
Bonds
Good Faith
Present Value
On-Boarding
22. An accounting entry acknowledging income or capital items
Credit
Shares Outstanding
Expenses
Bonds
23. Stock other than preferred stock
Zero-Coupon Bond
Exchange-Traded Funds
Asset Allocation
Common Stock
24. Financial organization that pools people's money and invests it
Mutual Funds
Phishing
401 K
EFT
25. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Total Assets
Annual Fee
Taxable Income
Saving
26. Your periodic credit card bill - which describes and summarizes all the outstanding balances - purchases - payments - credits - finance charges and other transactions for the month
Unsecured Debt
W-4
Billing Statement
Reconcile
27. The interest rate that a bond issuer will pay to a bondholder
Balance Sheet
Incentives
Incentives
Coupon Rate
28. Your periodic credit card bill - which describes and summarizes all the outstanding balances - purchases - payments - credits - finance charges and other transactions for the month
Installment Loan
Billing Statement
Usury
Allocation
29. A loan that is paid off in a fixed rate over a period of time
Deposit
Total Assets
APR
Fixed-Rate Loan
30. Maintain by writing regular records
Maintain
Insurance
Will
Deposit
31. Arrangement for deferred payment for goods and services
Credit
Lien
Asset Allocation
Identity Theft
32. A periodic statement prepared by a bank for each client
Bond Rating
Deduction
Bank Statement
Taxable Income
33. A debt; something disadvantageous
Liability
Statement of Cash Flows
Scarcity
Cash
34. Short for Federal Insurance Contributions Act - the name given on the paycheck stub for Social Security and Medicare taxes. The employee pays some of the FICA tax - and and the employer pays some of this tax for each employee. Social Security pays be
FICA
Adjusted Gross Income
Savings Account
Bonds
35. An obligation to pay money to another party
Forbearance
Liability
Unsecured Loan
Unsecured Debt
36. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt
Distribution
Good Faith
Financial Statements
Debt Consolidation
37. A loan backed by something valuable - such as property
Net Worth
Secured Loan
Consequence
Opportunity Cost
38. Receiving money for loaning money
Loan Shark
Insurance
Bank Statement
Lending Investments
39. 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.
Yield
On-Boarding
Values
W-4
40. The date on which a financial obligation must be repaid
Line of Credit
Maturity Date
Income
Good Faith
41. The process of making a decision - usually complex
Balance
I-9
Decison-making
Deductible
42. A fixed charge for borrowing money
Will
Coupon Rate
Interest
Billing Statement
43. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt
Installment Loan
Issuer
Debt Consolidation
Adjustable-Rate Loan
44. Profits paid to investors
dividends
Payday Loan
Overdraft protection
Retirement Planning
45. Bring into consonance or accord - to agree on terms
Profit
Savings Account
Reconcile
Decison-making
46. The right to take another's property if an obligation is not discharged
Lien
Bonds
Present Value
Deductions
47. 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
Mortage
401 K
Financial Goals
APR
48. Concern for ones own well being and advantages
Bond Rating
Self-Interest
Float
Par Value
49. The amount accruing to the corporations owners
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50. The money(usually a set amount) given to an individual to spend
Personal Allowances
Allocation
Interest Rate
Resources