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. Give back (tax return)






2. A bank - credit union - savings and loan - or other organization that offers services related to saving and borrowing money






3. The amount of tax owed






4. A bank account that accumulates interest






5. An accounting entry acknowledging sums that are owing






6. The right to take another's property if an obligation is not discharged






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






8. The amount accruing to the corporations owners

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






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






11. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default






12. Maintain by writing regular records






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






14. Electronic Data Gathering Analysis and Retrieval - the electronic system used by the SEC to enable investors to search electronically for financial reports filed by individual companies






15. An exchange that occurs as a compromise






16. A delay in enforcing rights or claims or privileges






17. The legal proceedings initiated by a creditor to repossess the collateral for loan that is in default






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






19. All costs or bills related to the business






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






21. Place to create a savings account.






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






23. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy






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






25. Simplified IRS tax form which some individuals can file instead of the 1040 form.






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






27. A bond with zero discounts






28. The act of taking out money or other capital






29. The act of taking out money or other capital






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






31. The distribution of investment funds among broad classes of assets.






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






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






34. The amount of tax owed






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






36. 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.






37. Things that incite or spur to action; rewards or reasons for performing a task.






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






39. Institution that functions much like a business - but does not operate for the purpose of generating profits






40. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount






41. Protection against future loss






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






43. An accounting entry acknowledging income or capital items






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






45. Receiving money for loaning money






46. Production of a certain amount






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






48. The standard IRS form for individual tax returns.






49. Protection against future loss






50. A debt; something disadvantageous