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PBMF Ch 19 Quiz

Authored by Regina Jackson

Business

8th Grade

Used 5+ times

PBMF Ch 19 Quiz
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30 questions

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1.

DRAG AND DROP QUESTION

1 min • 1 pt

A ​ (a)   ​ (b)   is a record of checks, ATM transactions, deposits, and charges on an account. (19.1)

bank
statement
financial
plan
account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person, business, or organization to whom a check is written is the _____. (19.1)

payee
endorser
drawer
issuer

3.

DROPDOWN QUESTION

1 min • 1 pt

​ (a)   is purchasing a financial product or valuable item with the goal of increasing wealth over time in spite of possible loss. (19.2)

Investing
Borrowing
Accounting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the process of spreading risk by putting money in a variety of investments? (19.2)

Concentration
Consolidation
Diversification
Specialization

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A check written for an amount greater than the balance of the account is called a(n) _____. (19.1)

overdraft check

unbalanced check

exceeded check

great check

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The assets and liabilities a person leaves when he or she dies is their _____. (19.2)

legacy
estate
inheritance
fortune

7.

DRAG AND DROP QUESTION

1 min • 1 pt

A ​ (a)   ​ (b)   is an investment created by pooling the money of many people and investing it in a collection of securities. (19.2)

mutual
fund
stock
bond
index

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