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REVIEW: Finance Career Cluster

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Where was the first bank established?

a)

Europe

b)

Asia

c)

Africa

d)

Middle East

2.

In what year was the New York Stock Exchange created?

a)

1790

b)

1791

c)

1792

d)

1973

3.

Which of the following is NOT a pathway in the Finance Career Cluster?

a)

Accounting

b)

Banking Services

c)

Insurance

d)

Stocks & Bond Services

4.

Which of the following is NOT a possible duty for a professional working in the Insurance pathway?

a)

Controlling investments

b)

Explaining policies

c)

Expanding customer base

d)

Determining liability

5.

Mutual funds managers fall under which pathway?

a)

Accounting

b)

Securities & Investments

c)

Business Finance

d)

Insurance

6.

An Asset is defined as, Anything of value owned by a person or a firm.

a)

True

b)

False

7.

Which of the following electives is recommended for students considering a career as an investment consultant?

a)

Economics

b)

Humanities

c)

Arts

d)

Management

8.

According to the presentation, which of the following is a reward of working in the Securities & Investments Pathway?

a)

The need for little education

b)

Closing a deal

c)

Traveling

d)

Managing your own company

9.

Which of the following is NOT a career in the Business Finance Pathway?

a)

Capital budgeting specialist

b)

Credit analyst

c)

Project finance manager

d)

Stocks and bonds support specialists

10.

Which of the following is an important requirement for all investment consultants?

a)

Obtaining an associate’s degree

b)

Obtaining a bachelor’s degree

c)

Knowing the history of consulting

d)

Understanding the global market

11.

Define the term Financial Manager:

a)

Handle and track money for organizations, track and analyze financial information, write reports, etc.

b)

someone who organizes a business venture

c)

Someone who regularly collects debts owed to others. This includes collection agencies, lawyers who collect debts on a regular basis.

d)

a businessman who buys or sells for another in exchange for a commission

12.

Define the term Finance:

a)

A pool of money from many investors that is used to buy different stocks and bonds.

b)

A fee paid by a borrower to the lender for the use of borrowed money

c)

The Management of large amounts of money or means of providing money or credit for something.

d)

Money Owed.

13.

Which of the following is the best description of the careers found within the Financial and Investment Planning Pathway?

a)

Design, install, maintain and use general accounting systems to prepare, analyze and verify financial reports

b)

Manage client’s money so their nest eggs can grow and provide investment analysis and guidance to help businesses and individuals with their investment decisions

c)

Provide loans, credit and payment services to individuals and businesses

d)

Provide protection to individuals and businesses against financial losses resulting from a variety of situations

14.

Careers in this cluster deal with making strategic decisions to obtain, save, protect, and grow the ___________ assets of businesses and individuals.

a)

Financial

b)

Farm

c)

Stock

d)

Computer

15.

Securities & Investments, banking services, Insurance, & Business Finance are all the pathways in the Finance career cluster.

a)

True

b)

False

16.

What is the preferred minimum educational requirement needed for a career within the Financial & Investment Planning Pathway?

a)

Master’s degree

b)

Bachelor’s degree

c)

Associate’s degree

d)

No additional training needed

17.

Which of the following is NOT a career in the Insurance Pathway?

a)

Agents

b)

Brokers

c)

Traders

d)

Underwriters

18.

In the second half of the 19th century, the __________________were set up at different locations, mainly around the Mississippi river.

a)

Schools

b)

Hospitals

c)

Board of trades

d)

Insurance agencies

19.

The finance industry is a vital part of the United States economy with over _______ million people employed in finance-related occupations.

a)

Five

b)

Two

c)

Six

d)

One

20.

The term Mutual Fund is defined as:

a)

A check issued in payment of wages or salary.

b)

Provide advice on investments, insurance, mortgages, etc and help manage the finances

c)

Money that is left after expenses have been paid for from a business or an investment.

d)

Two or more consecutive quarters of decline in the GDP.

e)

A pool of money from many investors that is used to buy different stocks and bonds.