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. Is your gross income after certain reductions have been made
Common Stock
Estate Planning
Mutual Funds
Adjusted Gross Income
2. A specific plan for spending your income
Personal Budget
Total Assets
Unsecured Loan
Issuer
3. The process of making a decision - usually complex
Transaction
Decison-making
Debit
Compound Interest
4. Arrangement for deferred payment for goods and services
Stockholders' Equity
Financial Statements
Credit
Will
5. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Face Value
Mutual Funds
Mutual Funds
Net Income
6. An automatic loan made to you if you write a check for more money than you have in your account
Overdraft protection
Financial Institution
Credit
Withdrawal
7. An amount that credit card companies can charge for the use of a credit card.
Compound Interest
Annual Fee
EFT
Unsecured Debt
8. The recipient of funds or other benefits
Beneficiary
Bankruptcy
Cash
Savings Account
9. A loan made on the signature and credit of the borrower - not secured by collateral. Credit card. (Debenture)
Lien
Unsecured Loan
Savings Account
FICA
10. The standard IRS form for individual tax returns.
1040 tax form
Bankruptcy
Allocation
Personal Allowances
11. Funds that are often times traded through a stock exchange (NYSE)
Collectibles
Exchange-Traded Funds
Compound Interest
Loan
12. The money paid for employee services
Salary
Late Fee
Opportunity Cost
Withdrawal
13. An institution that issues something (securities or publications or currency etc.)
Exemption
Issuer
Cash
Securities
14. Loan where the lender goes through the borrower
Lien
On-Boarding
Deductible
Direct Car Loan
15. Payment for insurance
Phishing
Premium
Asset Allocation
Net Worth
16. A loan in which the rate can be altered to adjust to economical need
Net Income
Foreclosure
Cannibalizing assets
Adjustable-Rate Loan
17. 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
Float
APR
Expenses
Identity Theft
18. 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
Expenses
Self-Interest
Identity Theft
Common Stock
19. Can be found in a newspaper and shows information about popular stocks.
Interest
Gross Income
Stock Table
1040 EZ tax form
20. Give back (tax return)
Lien
Return
Transaction Fee
Consequence
21. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Reconcile
Stock Symbol
Self-Interest
I-9
22. Something that is made open or revealed
Disclosure
Exchange-Traded Funds
Interest
Income
23. The amount accruing to the corporations owners
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
24. The amount accruing to the corporations owners
Warning
: Invalid argument supplied for foreach() in
/var/www/html/basicversity.com/show_quiz.php
on line
183
25. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.
Issuer
Stock Symbol
Securities
1040 EZ tax form
26. A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
Exemption
Financial Institution
Identity Theft
Lending Investments
27. 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.
Secured Debt
Checkbook Register
Asset Allocation
Consequence
28. An amount that credit card companies can charge for the use of a credit card.
Personal Allowances
Installment Loan
Annual Fee
Probate
29. A loan where the payment is acheived through interest
Interest-Only Loan
Vesting
Identity Theft
Unsecured Loan
30. A bank account that accumulates interest
Statement of Cash Flows
Forbearance
Savings Account
Stock Exchanges
31. The act of lending money at an exorbitant rate of interest
Indirect Car Loan
Usury
Interest-Only Loan
Face Value
32. The interest rate that a bond issuer will pay to a bondholder
Coupon Rate
Total Debt
APR
Deposit
33. A yearly statement of the financial condition - progress - and expectations of an organization
Wage
Mutual Funds
Forbearance
Annual Report
34. Money paid to a worker
Wage
Loan
Zero-Coupon Bond
Risk
35. A fixed charge for borrowing money
Financial Statements
Interest Rate
Liability
Interest
36. The apparent worth as opposed to the real worth
Good Faith
Maintain
Face Value
Preferred Stock
37. Profits paid to investors
dividends
Liability
Financial Statements
Consequence
38. Grant use or occupation of under a term of contract
Foreclosure
Deposit
Rent
Phishing
39. Concern for ones own well being and advantages
Debt Consolidation
Secured Loan
Coupon Rate
Self-Interest
40. Funds that pay part of their distributions out of principal cannibalize their assets. This depletes the fund's asset base. Funds cannibalize assets to maintain a dividend and keep shareholders happy. However - like feeding a cow its own milk - this p
Trade-off
Unsecured Debt
Index Fund
Cannibalizing assets
41. Preparing a plan for transferring property during one's lifetime and at one's death
Estate Planning
Executor
Stockholders' Equity
Billing Statement
42. Production of a certain amount
Yield
APR
FICA
Disclosure
43. The outcome of an event especially as relative to an individual
Consequence
Securities
Saving
Wage
44. Receiving money for loaning money
Transaction Fee
Billing Statement
Lending Investments
Stock Exchanges
45. Total assets minus total liabilities
Net Worth
Balance Sheet
Living Trust
Market Capitalization
46. Concern for ones own well being and advantages
Unsecured Debt
Lien
Self-Interest
Total Debt
47. Interest calculated on both the principal and the accrued interest
Loan Shark
Living Trust
Compound Interest
Predatory Lending
48. Items of personal interest to collectors that can increase in value in the future
Collectibles
Maturity Date
Premium
Gross Income
49. Compute credits and debits of an account
Balance
Identity Theft
SEC Filings
Interest Rate
50. The extent to which something is covered
Investing
Pay Period
Overdraft protection
Coverage