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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. Short-term and Long-term objectives that are driven by values.






2. 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.






3. The shares available to sell/buy






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






5. All of the investments - including stocks - bonds - mutual funds - options - and commodities - that are traded.






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






7. A regular payment to a person that iis intended to allow them to subsist without working






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






9. An estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share






10. Act of combinging all debts into one monthly payment - typically extending the terms and the length of time required to repay the debt






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






12. A periodic statement prepared by a bank for each client






13. The financial gain (earned or unearned) accruing over a given period of time






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






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






16. Having honest intentions






17. The process of making a decision - usually complex






18. A fixed charge for borrowing money






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






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






21. Money paid to a worker






22. The co-option of another person's personal information (e.g. - name - social security number - credit card number - passport) without that person's knowledge and the fraudulent use of such knowledge






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






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






25. Protection against future loss






26. The period covered by a salary payment






27. Payment for insurance






28. Anything that is used to produce goods or services






29. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure






30. 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.






31. An amount of money given to the borrower for a set period of time. After the set time has passed - the money must be paid back plus the lending fee - called interest. Payments are normally made over a series of months.






32. An act of economizing






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






34. Income before taxes






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






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






37. A guarantee of accrued benefits to participants at retirement age - regardless of their employment status at that time






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






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






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






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






42. Is your gross income after certain reductions have been made






43. An exchange that occurs as a compromise






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






45. Interest calculated on both the principal and the accrued interest






46. Protection against future loss






47. The act of reducing the selling price of merchandise






48. A bond with zero discounts






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






50. A share set aside for a specific purpose







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Can you answer 50 questions in 15 minutes?


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