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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. Shares of ownership in a company
Payday Loan
Stocks
Resources
Coupon Rate
2. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Profit
Bond Rating
Transfer Payments
Good Faith
3. A loan that is paid off in a fixed rate over a period of time
Fixed-Rate Loan
Coupon Rate
Bond Rating
Salary
4. The fee - expressed as a percentage - a borrower owes for the use of a creditor's money. At an interest rate of 10% - a borrower would pay $110 for $100 borrowed.
Interest Rate
Bond Rating
Loan Shark
Par Value
5. An institution that issues something (securities or publications or currency etc.)
Profit
Unsecured Debt
Issuer
Withdrawal
6. A record of the financial situation of an institution on a particular date by listing its assets and the claims against those assets
Balance Sheet
Exemptions
Tax Liability
SEC Filings
7. An obligation to pay money to another party
Loan Shark
Liability
Exemptions
Scarcity
8. The amount accruing to the corporations owners
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9. A loan that is paid off in a fixed rate over a period of time
Deposit
Payday Loan
Late Fee
Fixed-Rate Loan
10. The amount accruing to the corporations owners
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11. 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.
W-4
Living Trust
Financial Needs
Balance
12. 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.
Loan
Secured Debt
Pension
Credit
13. Having honest intentions
Yield
Good Faith
Distribution
Living Trust
14. By planning ahead you can ensure financial stability during your retirement.
Retirement Planning
Loan Shark
Values
Par Value
15. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.
1040 tax form
SEC Filings
Premium
Vesting
16. A debt not backed by specific property to satisfy the indebtedness in case of default.
Exchange-Traded Funds
Credit
Unsecured Debt
Premium
17. A venture undertaken without regard to possible loss or injury
Coupon Rate
401 K
Loan Shark
Risk
18. A person appointed by a testator to carry out the terms of the will
Profit
EDGAR
Executor
Compound Interest
19. Place to create a savings account.
Savings Register
Return
On-Boarding
Pay Period
20. A record of checks written and deposits made in a checking account - kept by the depositor
Transaction Fee
Gross Income
Checkbook Register
Coverage
21. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation
dividends
Time value of money
Salary
Credit
22. Beliefs of a person or social group in which they have an emotional investment (either for or against something)
FICA
Fixed-Rate Loan
W-4
Values
23. An evaluation by a rating company of the probability that a particular bond issue will default
Bond Rating
Wage
Bank Statement
Rent
24. The date on which a financial obligation must be repaid
Unsecured Debt
Loan
Maturity Date
Collectibles
25. The commercial activity of transporting and selling goods from a producer to a consumer
Insolvent
Retirement Planning
Savings Register
Distribution
26. Money paid to a worker
Values
Wage
Money Market Accounts
Statement of Cash Flows
27. Funds that are often times traded through a stock exchange (NYSE)
Income
Mutual Funds
Exchange-Traded Funds
Investing
28. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Shares Outstanding
Stock Symbol
Payday Loan
Property Rights
29. A yearly statement of the financial condition - progress - and expectations of an organization
Cash
Annual Report
Zero-Coupon Bond
Lending Investments
30. Limited quantities of resources to meet unlimited wants
Deposit
Scarcity
Pension
Liability
31. Diagnosis Codes (in CCB Popup if more then 5 codes)
Compound Interest
Billing Statement
I-9
Credit
32. The date on which a financial obligation must be repaid
Compound Interest
Phishing
Risk
Maturity Date
33. A delay in enforcing rights or claims or privileges
Risk
Identity Theft
Forbearance
Unsecured Debt
34. Financial statement that reports cash receipts and disbursements related to a firm's three major activities: operations - investments - and financing.
Pension
Billing Statement
Statement of Cash Flows
Saving
35. Loan with equal number of payments of the same amount over a fixed period of time.
Par Value
Ownership Investments
Installment Loan
Financial Statements
36. Business organizations that accommodate the buying and selling of securities.
Bank Statement
Investing
Ownership Investments
Stock Exchanges
37. Financial organization that pools people's money and invests it
Mutual Funds
Maturity Date
Good Faith
Stockholders' Equity
38. The value of a security that is set by the company issuing it
Credit
Zero-Coupon Bond
Par Value
Checkbook Register
39. 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.
Distribution
Gross Income
1040 tax form
Investing
40. 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.
Wage
Interest
Saving
Predatory Lending
41. The money(usually a set amount) given to an individual to spend
Personal Allowances
Float
Interest Rate
Maintain
42. Diagnosis Codes (in CCB Popup if more then 5 codes)
On-Boarding
I-9
Compound Interest
Foreclosure
43. Loan where the lender goes through the borrower
Payday Loan
Net Worth
Direct Car Loan
Bank Statement
44. The act of taking out money or other capital
Withdrawal
Personal Allowances
Credit
Annual Report
45. Limited quantities of resources to meet unlimited wants
Stock Table
Exemption
Balance
Scarcity
46. The distribution of investment funds among broad classes of assets.
Exchange-Traded Funds
Face Value
Asset Allocation
Decison-making
47. A loan backed by something valuable - such as property
Secured Loan
Fixed-Rate Loan
Debt Consolidation
Financial Goals
48. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure
Total Debt
Estate Planning
Installment Loan
Common Stock
49. Maintain by writing regular records
Transaction Fee
Secured Debt
Net Income
Maintain
50. The shares available to sell/buy
Nonprofit Organization
Certificates of Deposit
Shares Outstanding
Stock Symbol