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Careers in Personal Finance and Consumer Services

Total questions: 16

Worksheet time: 38mins

Name
Class
Date
1.

Gabe meets with a young man who wants to start saving for his son’s college education. What is Gabe’s profession?

a)

financial manager

b)

tax accountant

c)

insurance sales agent

d)

real estate broker

2.

Which of the following is a duty of a personal finance manager?

a)

filing tax returns

b)

selling houses

c)

selling property insurance

d)

tracking clients’ investments

3.

Deborah took a call from a customer who wanted to purchase 1,000 shares of a company’s stock, which just went public. What is Deborah’s profession?

a)

real estate agent

b)

tax accountant

c)

financial services sales agent

d)

insurance sales agent

4.

Dionte wants to file a complaint against a financial service company to report inappropriate use of the money he gave them to invest. With whom should Dionte file complaint?

a)

Financial Bureau

b)

Consumer Financial Protection Bureau

c)

Consumer Protection Office

d)

police

5.

On January 18, Rebecca received her credit card statement specifying that the due date to pay the bill is January 30. Which Act was violated in this scenario?

a)

Credit Card Accountability Responsibility and Disclosure

b)

Credit Card Availability Responsibility and Disclosure

c)

Credit Card Accountability Responsibility and Discretion

d)

Card Accountability Responsibility and Disclosure

6.

Complete the statement with the correct word pairs


In __________ _______________, people invest money in a company in exchange for the company’s _________.

a)

debt crowdfunding; goods

b)

donation crowdfunding: services

c)

equity crowdfunding; shares

7.

_________ ___________ is a process in which an amount of money gained from illegal activities is made to appear as if it is earned from a genuine source.

a)

Money lending

b)

Money leaving

c)

Money laundering

8.

Which certificate does Dulce require?


Dulce is a financial planner and wants to sell fixed-income investments. For this purpose, she requires a(n) ___________ certificate.

a)

series 3

b)

series 6

c)

series 7

d)

series 8

9.

This Act protects consumers from unfair credit card

billing practices.

a)

Patriot Act

b)

Dodd-Frank Act

c)

Identity Theft and Assumption Deterrence Act

d)

Credit CARD Act

10.

This Act educates consumers so that they can protect

themselves from unfair practices.

a)

Patriot Act

b)

Dodd-Frank Act

c)

Identity Theft and Assumption Deterrence Act

d)

Credit CARD Act

11.

This Act criminalizes identity theft.

a)

Patriot Act

b)

Dodd-Frank Act

c)

Identity Theft and Assumption Deterrence Act

d)

Credit CARD Act

12.

This Act prevents, detects, and prosecutes international

money laundering.

a)

Patriot Act

b)

Dodd-Frank Act

c)

Identity Theft and Assumption Deterrence Act

d)

Credit CARD Act

13.

The purpose of the series 7 certification is to

a)

combine other series certifications so that the financial planner can become certified in several classes

b)

sell commodities

c)

sell bonds and stocks

d)

sell mutual funds, trusts, and variable annuities

14.

The purpose of the series 65 certification is to

a)

combine other series certifications so that the financial planner can become certified in several classes

b)

sell commodities

c)

sell bonds and stocks

d)

sell mutual funds, trusts, and variable annuities

15.

The purpose of the series 3 certification is to

a)

combine other series certifications so that the financial planner can become certified in several classes

b)

sell commodities

c)

sell bonds and stocks

d)

sell mutual funds, trusts, and variable annuities

16.

The purpose of the series 6 certification is to

a)

combine other series certifications so that the financial planner can become certified in several classes

b)

sell commodities

c)

sell bonds and stocks

d)

sell mutual funds, trusts, and variable annuities