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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. All costs or bills related to the business
Decison-making
Expenses
Stock Exchanges
Risk
2. A payment given as a guarantee that an obligation will be met
SEC Filings
Loan Shark
1040 tax form
Deposit
3. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
Personal Allowances
Stock Symbol
Will
Deductible
4. Receiving money for loaning money
Money Market Accounts
Vesting
Lending Investments
Present Value
5. The amount accruing to the corporations owners
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6. The act of proving that an instrument purporting to be a will was signed and executed in accord with legal requirements
APR
Balance
Probate
Zero-Coupon Bond
7. Short-term and Long-term objectives that are driven by values.
Profit
Taxable Income
Property Rights
Financial Goals
8. 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
Loan Shark
Identity Theft
Lending Investments
Stock Exchanges
9. The economical needs of an individual
Stocks
Savings Register
Profit
Financial Needs
10. Things that incite or spur to action; rewards or reasons for performing a task.
Liability
Personal Budget
FICA
Incentives
11. Total assets minus total liabilities
Installment Loan
Lending Investments
Maintain
Net Worth
12. 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.
Personal Allowances
Late Fee
Investing
Face Value
13. Protection against future loss
Self-Interest
Nonprofit Organization
Values
Insurance
14. Having honest intentions
Total Debt
401 K
Living Trust
Good Faith
15. A loan in which the rate can be altered to adjust to economical need
Tax Liability
Lending Investments
Adjustable-Rate Loan
Coupon Rate
16. A tax-deferred investment and savings plan that acts as a personal pension fund for employees
401 K
Risk
Phishing
Savings Register
17. Time deposits that state the amount of the deposit - maturity - and rate of intrest being paid
Retirement Planning
Wealth Management
Certificates of Deposit
Phishing
18. The apparent worth as opposed to the real worth
Rent
Statement of Cash Flows
Face Value
Interest-Only Loan
19. The letters used to identify listed companies on the securities exchanges where they are traded (DPS) Dr. Pepper Snapple Group
APR
Collectibles
1040 EZ tax form
Stock Symbol
20. Diagnosis Codes (in CCB Popup if more then 5 codes)
Issuer
Deductible
I-9
Asset Allocation
21. The amount of money you would need to deposit now in order to attain a desired amount in the future
Checkbook Register
Interest Rate
Present Value
Forbearance
22. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
Vesting
Profit
Values
SEC Filings
23. Diagnosis Codes (in CCB Popup if more then 5 codes)
I-9
1040 EZ tax form
Insurance
Expenses
24. A deduction allowed to a taxpayer because of his status (having certain dependents or being blind or being over 65 etc.)
Exemption
Income
Rent
Decison-making
25. 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.
Zero-Coupon Bond
Credit
Savings Account
Predatory Lending
26. Protection against future loss
Overdraft protection
Disclosure
Transfer Payments
Insurance
27. The right to take another's property if an obligation is not discharged
Mutual Funds
Deductible
Lien
Annual Fee
28. Financial organization that pools people's money and invests it
Money Market Accounts
Financial Institution
Mutual Funds
Ownership Investments
29. A payment given as a guarantee that an obligation will be met
Deposit
Deductions
Indirect Car Loan
Mutual Funds
30. Interest calculated on both the principal and the accrued interest
Compound Interest
Collectibles
Exemptions
Tax Liability
31. The money paid for employee services
Salary
Cannibalizing assets
Property Rights
Deposit
32. The period covered by a salary payment
Zero-Coupon Bond
Unsecured Loan
Income Statement
Pay Period
33. 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.
Vesting
Bond Rating
Deductions
Secured Debt
34. 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.
1040 EZ tax form
Float
Pension
Predatory Lending
35. The sum of current - fixed and intangible assets - which represents everything of value that is owned by the company
Total Assets
Wealth Management
Return
Asset
36. Something that is made open or revealed
Unsecured Loan
Installment Loan
Disclosure
Taxable Income
37. Something that is made open or revealed
Financial Goals
Balance Sheet
Disclosure
Coverage
38. The act of lending money at an exorbitant rate of interest
Salary
Stocks
Usury
Mutual Funds
39. A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
Nonprofit Organization
Deposit
Deductible
Balance Sheet
40. A bank account that accumulates interest
Savings Account
Lien
Coverage
Common Stock
41. The rights of an individual to own - use - rent - invest in - buy - and sell property.
Property Rights
Financial Statements
Interest Rate
Predatory Lending
42. The period covered by a salary payment
I-9
Pay Period
Line of Credit
Interest-Only Loan
43. 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
Stock Exchanges
Exemptions
Adjustable-Rate Loan
Transaction Fee
44. A legal process intended to insure equality among the creditors of a corporation declared in bankruptcy
Adjusted Gross Income
Time value of money
Bankruptcy
Incentives
45. A loan backed by something valuable - such as property
Balance Sheet
Lien
Money Market Accounts
Secured Loan
46. The sum of all bonds issued by the municipality and subtracts self-supporting debt from the figure
Decison-making
Exchange-Traded Funds
Total Debt
1040 tax form
47. Whatever must be given up to obtain some item
Opportunity Cost
Pay Period
Stock Exchanges
dividends
48. An automatic loan made to you if you write a check for more money than you have in your account
Overdraft protection
Net Worth
Insurance
Balance
49. A technique to gain personal information for the purpose of identity theft - usually by means of fraudulent e-mail
Financial Statements
Interest-Only Loan
Phishing
Time value of money
50. The excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses) The income that is received
Self-Interest
Foreclosure
Will
Net Income