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. An automatic loan made to you if you write a check for more money than you have in your account
Overdraft protection
Inflation
Billing Statement
Preferred Stock
2. A bank account that accumulates interest
Net Income
Loan Shark
Savings Account
Shares Outstanding
3. A mutual fund that invests in the stocks that are the basis of a well-known stock or bond index
EFT
Stock Exchanges
Risk
Index Fund
4. Cash payments made by the government to people who do not supply goods - services - or labor in exchange for these payments. They include Social Security benefits - veterans' benefits - and welfare payments.
Savings Account
Mutual Funds
Transfer Payments
Certificates of Deposit
5. The outcome of an event especially as relative to an individual
Asset Allocation
Stocks
Consequence
Deductions
6. 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
Issuer
Personal Allowances
Bond Rating
Exemptions
7. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money
Savings Register
Total Assets
Direct Car Loan
Financial Institution
8. 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.
Investing
Pension
SEC Filings
Balance
9. An act of economizing
Time value of money
Saving
Estate Planning
Allocation
10. Place to create a savings account.
Estate Planning
Incentives
Savings Register
Liability
11. Making money for owning something
Ownership Investments
Index Fund
Cash
Deposit
12. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default
Foreclosure
Deductible
Executor
Stockholders' Equity
13. 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
14. The maximum credit that a customer is allowed
Mortage
Personal Budget
Line of Credit
Pension
15. Items which the IRS allows to be subtracted from your gross taxable income in order to determine your taxable income.
Deductions
Mutual Funds
Balance Sheet
Property Rights
16. A penalty for making a payment after the due date
Late Fee
Balance Sheet
Lien
Annual Fee
17. A loan made on the signature and credit of the borrower - not secured by collateral. Credit card. (Debenture)
Total Assets
Unsecured Loan
Incentives
Maintain
18. Financial statement that reports cash receipts and disbursements related to a firm's three major activities: operations - investments - and financing.
Consequence
Predatory Lending
401 K
Statement of Cash Flows
19. A debt not backed by specific property to satisfy the indebtedness in case of default.
Foreclosure
Values
Unsecured Debt
Interest
20. A person appointed by a testator to carry out the terms of the will
On-Boarding
Phishing
Debt Consolidation
Executor
21. Anything that is used to produce goods or services
Money Market Accounts
Resources
Billing Statement
Adjustable-Rate Loan
22. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure
Probate
Compound Interest
Bond Rating
Total Debt
23. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money
Investing
Line of Credit
Financial Institution
Profit
24. The amount of money you would need to deposit now in order to attain a desired amount in the future
Present Value
Deductions
Will
Property Rights
25. A regular payment to a person that iis intended to allow them to subsist without working
Pension
Net Income
Balance
Identity Theft
26. Limited quantities of resources to meet unlimited wants
Cash
Scarcity
Secured Debt
Deposit
27. The apparent worth as opposed to the real worth
Checkbook Register
Living Trust
Face Value
Stock Exchanges
28. Can be found in a newspaper and shows information about popular stocks.
Stock Table
Billing Statement
Interest
Stockholders' Equity
29. The interest rate that a bond issuer will pay to a bondholder
Market Capitalization
Profit
Coupon Rate
Financial Needs
30. Things that incite or spur to action; rewards or reasons for performing a task.
Retirement Planning
Common Stock
Estate Planning
Incentives
31. A share set aside for a specific purpose
Opportunity Cost
Allocation
Tax Liability
Wealth Management
32. A document - usually containing financial data - that a company delivers to the SEC and - thereby - to the public.
SEC Filings
Adjusted Gross Income
Billing Statement
Shares Outstanding
33. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt
Debt Consolidation
Line of Credit
Market Capitalization
Saving
34. The money paid for employee services
SEC Filings
Incentives
Salary
Wealth Management
35. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Stock Table
Pension
Index Fund
Total Assets
36. Items which the IRS allows to be subtracted from your gross taxable income in order to determine your taxable income.
Total Debt
Deductions
Resources
APR
37. Production of a certain amount
Executor
Estate Planning
Checkbook Register
Yield
38. Time deposits that state the amount of the deposit - maturity - and rate of intrest being paid
Net Worth
Cannibalizing assets
Identity Theft
Certificates of Deposit
39. Certificates that represent money the government has borrowed from private citizens
Bonds
Collectibles
Will
Stocks
40. The percentage of a sum of money charged for its use
Financial Goals
Interest Rate
Loan Shark
Secured Loan
41. Shares of ownership in a company
Collectibles
Stocks
Line of Credit
Financial Statements
42. The money(usually a set amount) given to an individual to spend
Exemption
Shares Outstanding
Personal Allowances
Bankruptcy
43. The value of a security that is set by the company issuing it
Par Value
Predatory Lending
Self-Interest
Money Market Accounts
44. A general and progressive increase in prices
Foreclosure
Inflation
Income
Shares Outstanding
45. Short-term and Long-term objectives that are driven by values.
Financial Goals
Money Market Accounts
Asset
Common Stock
46. An accounting entry acknowledging income or capital items
Executor
Foreclosure
Payday Loan
Credit
47. The apparent worth as opposed to the real worth
Savings Account
Preferred Stock
Unsecured Loan
Face Value
48. A venture undertaken without regard to possible loss or injury
Risk
Interest
Maintain
Par Value
49. A payment given as a guarantee that an obligation will be met
Incentives
Allocation
Deposit
Reconcile
50. The shares available to sell/buy
Transfer Payments
Savings Register
Pension
Shares Outstanding