Tax-exempt income is taxed at a later date.
Personal Finance Ch. 10

Quiz
•
Business
•
11th Grade
•
Medium
Dante Palacio
Used 57+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A speculative investment is a low-risk investment.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Financial Planners can invest one’s money into various investments.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Of the following investments, the one with the most predictable income is ____.
gold
commodities
land
U.S. govt. bonds
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Microsoft, Inc. gave a written pledge/promise to Gordon stating that they will repay him for the specified amount of money he gave, along with interest. This best relates to which type of investment?
Corporate Bond
Preferred Stock
Government Bond
Investment Liquidity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income earned from stocks and corporate bonds in a retirement account is ____________.
net income
short-term gains income
tax exempt income
tax deferred income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nicholas owns stock in two different companies and also has invested in three different mutual funds. His investment portfolio is considered:
high risk
speculative
diversified
tax exempt
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