Finance Quiz #3

Which of the following is a type of intangible business property that is protected by law?

• Equipment

• Inventory

• Acreage

• Trademark

Which of the following is an example of a voluntary debtor-creditor relationship?

• Requiring specific information

• Obtaining a loan from a bank

• Owing punitive damages

• Receiving a monetary gift

Chris purchased 500 shares of microcap HRR stock. Then, he posted false information about HRR on several investment websites to hype up the stock. After driving up the price of HRR stock, Chris quickly sold all of his stock in the company and earned a large profit. The price of the stock then fell, leaving HRR investors with worthless stock. What type of investment scam did Chris commit?

• Pump and dump

• Pyramid scheme

• Phishing

• Ponzi scheme

Compliance in the finance industry involves financial institutions operating within

• Regulatory guidelines

• Organizational plans

• Specific territories

• Different relationships

Alma is preparing a presentation about her department's budget to make to the company president. She wants to use a visual representation of the budget that shows parts in relation to the whole. Alma should consider using a

• Table

• Pie chart

• Line graph

• Bar graph

When providing product information to clients, finance professionals should use

• standard responses

• personal stories

• financial acronyms

• simple explanations

The general economic growth of a country is supported by its

• level of productivity

• standard of living

• gross domestic product

• wealth of goods and services

Alma is preparing a presentation about her department's budget to make to the company president. She wants to use a visual representation of the budget that shows parts in relation to the whole. Alma should consider using a

• Table

• Pie chart

• Line graph

• Bar graph

An economy with a high unemployment level tends to have

• rapid GDP growth

• a high supply of money

• fewer monetary policies

• a lower rate of inflation

According to most analysts, the three economic indicators that stock market investors and traders should pay the closest attention to are

• inflation, unemployment, and bonds rates

• interest rates, overhead expenses, and inflation

• Gross Domestic Product, overhead expenses, and unemployment

• Gross Domestic Product, unemployment, and inflation