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. The act of taking out money or other capital






2. Money paid to a worker






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






4. A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index






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






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






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






8. Limited quantities of resources to meet unlimited wants






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






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






11. Certificates that represent money the government has borrowed from private citizens






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






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






14. The period covered by a salary payment






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






16. Stock whose holders are guaranteed priority in the payment of dividends but whose holders have no voting rights






17. 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.






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






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






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






21. 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


22. Preparing a plan for transferring property during one's lifetime and at one's death






23. A yearly statement of the financial condition - progress - and expectations of an organization






24. Financial reports that summarize the financial condition and operations of a business






25. A bank account that accumulates interest






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






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






28. Can be found in a newspaper and shows information about popular stocks.






29. Someone who lends money at excessive rates of interest






30. An exchange that occurs as a compromise






31. 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






32. Stock other than preferred stock






33. Loan with equal number of payments of the same amount over a fixed period of time.






34. The extent to which something is covered






35. Preparing a plan for transferring property during one's lifetime and at one's death






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






37. A record of checks written and deposits made in a checking account - kept by the depositor






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






39. All costs or bills related to the business






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






41. Whatever must be given up to obtain some item






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






43. An act of economizing






44. The maximum credit that a customer is allowed






45. All costs or bills related to the business






46. Income on which tax must be paid; total income minus exemptions and deductions






47. The date on which a financial obligation must be repaid






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






49. A share set aside for a specific purpose






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