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- 1. Multiple Choice
What is a Stock
Car
Animals
the capital raised by a business or corporation through the issue and subscription of shares,
Used in cooking
- 2. Multiple Choice
What is Mutual fund?
An investment in which investors pool their money to buy stock.
An investment that you put in your checking account
Investment that you put in your swimming pool.
Investment that you put in the ground.
- 3. Multiple Choice
How do you invest in stocks.
Buy it online.
You have to have a stock broker.
Buy it from someone.
You have to buy more then 12 shares.
- 4. Multiple Choice
What is the differences between stocks and bonds?
They are both investments.
A stock is what corn grows on, and a bond gets you out of jail.
Stock represents ownership, and bonds represents your word.
A stock represents ownership, and bonds represents a loan.
- 5. Multiple Choice
Dividends are_____?
Money shareholders lose in stock.
Money shareholders pay to buy stock.
Stock that splits.
Money shareholders received from stock profits.
- 6. Multiple Choice
The possibility of losing some or all of a particiular investment.riskindexindustryprofit - 7. Multiple ChoiceA company owned by families or a small number of investors and do not issue stock to the public.public companyindustryprivate companyportfolio
- 8. Multiple ChoiceA company owned by families or a small number of investors and do not issue stock to the public.public companyindustryprivate companyportfolio
- 9. Multiple ChoiceThe financial benefit when the revenue of a company exceeds expenses, costs, and taxes.lossprofitvolumeportfolio
- 10. Multiple ChoiceRepresents shares of ownership in a company.stockportfoliovolumeindustry
- 11. Multiple ChoiceA company that sells stock on the stock market.private companymarket capitalizationpublic companystock market
- 12. Multiple ChoiceA sum of money paid to shareholders of a corporation out of its earnings.indexdividendprofitinvest
- 13. Multiple ChoiceThe rates of return and risk for ________ at a bank are usually lower than other forms of investment.investingsavingdiversifyingdivesting
- 14. Multiple ChoiceCDs may be purchased for as little as ___.$1,000$5,000$500$10,000
- 15. Multiple ChoiceThe ______ is the primary place for companies to obtain financing for their operations and for investors to profit on the growth of those companies.farmer's marketstock marketsupermarketmarketplace
- 16. Multiple ChoiceThere is no guarantee, that a publicly-traded company will be successful.TRUEFALSE
- 17. Multiple ChoiceWhen investors own a public company’s _______, they are entitled to vote in the election of company officers as well as other important matters.common stockpreferred stock
- 18. Multiple ChoiceShareholders of ________ do not usually have voting rights, but they do usually receive a fixed dividend.preferred stockcommon stockstock cardsstock yards
- 19. Multiple ChoiceThis bond would NOT be taxed by the federal governmentU.S. Treasury BondMunicipal BondsCorporate BondsZero-coupon bond
- 20. Multiple ChoiceStocks represent ownership in a corporation.TRUEFALSE
- 21. Multiple ChoicePeople who invest in stocks cannot lose their money.TRUEFALSE
- 22. Multiple ChoiceMark bought 100 shares of Intel stock. Each share sold for $35.50. If no fees were involved, Mark paid $3,550 for the shares.TRUEFALSE
- 23. Multiple ChoiceThe price people pay for a stock is called a dividend.TRUEFALSE
- 24. Multiple ChoiceThe only way stockholders make money is through dividend payments while they own the stock.TRUEFALSE
- 25. Multiple ChoiceStockholders can reduce the risk on their stock investment by diversifying their portfolios.TRUEFALSE
- 26. Multiple ChoiceThe New York Stock Exchange is the only place where people can buy and sell stocks.TRUEFALSE
- 27. Multiple ChoiceWhy would someone buy a bond instead of a stock?It is a less risky investmentIt can yield a higher return on investmentTo have ownership in a companyTo receive dividend payments
- 28. Multiple ChoicePeople buy stocks because...they expect to earn a returnthere is no chance of a lossthey are guaranteed interest payments each yearthe government encourages them to buy stock
- 29. Multiple ChoiceWhen stockholders sell their stock, who receives the money from the sale?The CorporationThe stockholderThe governmentStockholders who own the same stock
- 30. Multiple ChoiceOne way people can earn money from stocks is by...selling the stock for the same price as the price they paid for the stock.buying stock from an investment bankerselling the stock for a lower price than the price they paid for the stock.selling the stock for a higher price than the price they paid for the stock
- 31. Multiple ChoiceWhen people buy stock on a stock market (e.g. secondary market)...the corporation loses moneythe people selling the stock receive the moneythe corporation receives the moneythe people buying the stock receive the money
- 32. Multiple Choice
What role does insurance play in financial planning?
It guarantees that income and assets are protected
It helps build and maintain one's credit score
It helps cover day-to-day expenses
It grows in value and appreciates over time
- 33. Multiple Choice
The out of pocket cost to the insured when a loss occurs is called...
Premium
Deductible
- 34. Multiple Choice
A stone hits your windshield. Which type of coverage would likely cover this expense?
Collision
Liability
Comprehensive
None
- 35. Multiple Choice
Which of the following wouldn't save you money on your auto insurance premium?
Decrease your deductible
Reduce or eliminate optional insurance on an older vehicle
Maintain a good credit history
Bundle your insurance with other policies
- 36. Multiple Choice
Jennifer has an auto policy of $20,000/$40,000/$10,000. The $10,000 covers
Per person bodily injury
Property damage per occurrence
Per occurrence bodily injury limit
Total amount of insured coverage
- 37. Multiple Choice
A policy is a contract between the
Policyholder and the injured person
Driver and the government
Consumer and the insurance company
Consumer and the insurance agent
- 38. Multiple Choice
Under current law, until what age can a child stay on their parents' health insurance?
18
21
26
29
- 39. Multiple Choice
The FDIC insured deposit limit is
$150,000
$200,000
$250,000
$300,000
- 40. Multiple Choice
True or False: Insurance is based on the concept of shared risk, or risk pooling.
True
False
- 41. Multiple Choice
What is the average monthly renter's insurance premium cost in the U.S.?
$150/month
$90/month
$40/month
$15/month
- 42. Multiple Choice
What is the main purpose of insurance?
to follow the law
to get weathly
For investment purposes
To reduce risk
- 43. Multiple Choice
This type of insurance should pay if you severely burn your finger on a toaster and need to go to the hospital
Life
Health
Product
Homeowners
- 44. Multiple Choice
This type of insurance should pay for your toaster if it breaks
Homeowners
Health
Life
Product
- 45. Multiple Choice
This type of insurance should pay for damages if a tree that goes through your roof.
Product
Health
Homeowners
Life
- 46. Multiple Choice
This is what you have to pay before the insurance company will pay anything
coverage
dues
deductible
policy
- 47. Multiple Choice
This is the minimum required by law, only repairs the vehicle you hit, not your own
Liability
Collision
Comprehensive
Deductible
- 48. Multiple Choice
This covers the damage to your car and the other persons, regardless of who is at fault
Comprehensive
Liability
Homeowners
Health
- 49. Multiple Choice
The people who need this the most generally have kids, and always have someone relying on their income
Product Insurance
Auto insurance
Life Insurance
Health insurance
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