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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 interest rate that a bond issuer will pay to a bondholder






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






3. A trust taking effect during the lifetime of a trustor. Also called an inter vivos trust.






4. Diagnosis Codes (in CCB Popup if more then 5 codes)






5. A debt not backed by specific property to satisfy the indebtedness in case of default.






6. 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






7. The outcome of an event especially as relative to an individual






8. Someone who lends money at excessive rates of interest






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






10. Profits paid to investors






11. Prompt payment for goods or services in currency or by check






12. The apparent worth as opposed to the real worth






13. A business activity that changes assets - liabilities - or owner's equity






14. A loan made on the signature and credit of the borrower - not secured by collateral. Credit card. (Debenture)






15. The standard IRS form for individual tax returns.






16. An amount that credit card companies can charge for the use of a credit card.






17. Having honest intentions






18. 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.






19. Loan deal in which the actual lender may not be known to the borrower.






20. An accounting entry acknowledging income or capital items






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






22. A specific plan for spending your income






23. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation






24. An institution that issues something (securities or publications or currency etc.)






25. A general and progressive increase in prices






26. An act of economizing






27. 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.






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






29. A loan where the payment is acheived through interest






30. The process of managing one's assets and wealth






31. Increase of an amount of money as a result of interest or dividends earned - directly corresponds with inflation






32. Income before taxes






33. A financial statement that gives operating results for a specific period






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






35. An extra charge for various credit activities such as using an ATM or receiving a cash advance






36. Give back (tax return)






37. Production of a certain amount






38. Beliefs of a person or social group in which they have an emotional investment (either for or against something)






39. A loan where the payment is acheived through interest






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






41. The amount accruing to the corporations owners

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






43. The interest rate that a bond issuer will pay to a bondholder






44. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company






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






46. The money paid for employee services






47. A loan that is paid off in a fixed rate over a period of time






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






49. A penalty for making a payment after the due date






50. The act of reducing the selling price of merchandise







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Can you answer 50 questions in 15 minutes?


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