Personal Finance - Test Review - Chapter 10
Authored by Lindsey Nennig
Financial Education
12th Grade
CCSS covered
Used 1+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A speculative investment is one that might earn a large profit in a short period of time.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation is a general rise in prices that affects everybody.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Retained earnings are profits a company reinvests for expansion or research and development.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Corporate stock is a unit of ownership in a company.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A mutual fund is an investment in which investors pool their money to buy stocks, bonds, and other securities.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fee-offset planners earn all of their money through the commission they make.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tax-exempt income is taxed at a later date.
True
False
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