SMG I

A financial goal that is less than or equal to one year is called?

• Savings

• Short-term

• Long-Term

• Emergency Fund

Camila wants to save for her children's education. Her children are ages 5 and 6. This is what type of goal?

• Savings

• Short-term

• Long-Term

• Emergency Fund

If the tire on your car unexpectable goes flat and you need to replace it. Where do you get this money from?

• Savings

• Short-term savings

• Long-term savings

• Emergency Fund

The possibility of loss in an investment is called?

• Savings

• Investing

• Risk

• Earnings

What is an item that is sold by a company?

• Brand

• Product

• Investment

• Private company

The name a company gives a product it makes or services is called?

• Brand

• Product

• Investment

• Private company

A company that is owned by a group of people and the shares can not be sold on exchanges is called?

• Public Company

• Private Company

• Brand

• Product

Owning stock mean owning shares or part of a company

• True

• False

Companies issue stock to raise money for what of the following. (Pick all that apply)

• Buy another company

• Pay off debt they currently have

• To expand the business

• All are correct

Stocks earn money if the stock price is less then what you paid for it.

• True

• False