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WorksheetsBF 2.00 Review Quiz
Total questions: 25
Worksheet time: 13mins
Which of the following is NOT an online banking service?
Making Cash Withdrawals
Viewing Statements
Checking Account Balance
Transferring money between accounts
Which of the following would NOT be considered an example of a financial service provider?
Picasso Pawn
Rocket Mortgage
Bank of Internet USA
State Farm Insurance Company
Which of the following is an activity that would NOT be covered by a policy you would find being sold by insurance companies?
Parachuting for your 18th birthday
Driving a Car
Practicing Law
Running a Business
You are writing a check out for your car payment to Toyota Finance Company. The payment is $532.00 and is due on the 15th of the month. Your account number is 1439499. Which of the following would you write in the Memo section of the check?
Account # 1439499
$532.00
Five Hundred and Thirty-two Dollars and 00/100
Toyota Finance Company
Which is an example of a lending investment?
Antiques
Bonds
Real Estate
Stocks
What type of investment involves several people pooling their money to purchase stocks and bonds?
Secure
Elective
Mutual funds
Money market accounts
Which statement most accurately describes the relationship between risk and return?
For the potential of a low return, you usually accept no risk.
For the potential of a high return, you usually accept a low risk.
For the potential of a low return, you usually accept a high risk.
For the potential of a high return, you usually accept a high risk.
In investing, legal lending or owning agreements between individuals, businesses, or governments are known as:
bonds.
contracts.
guarantees.
securities.
With a lending investment, investors:
avoid taking any risk.
hire a financial advisor.
allow borrowers to use their money for a price.
maintain a minimum amount of money in the investment.
Which of the following is an advantage of a money market account over a savings account?
The rate of return is significantly better.
Money market accounts are insured by the FDIC.
You can often write checks from a money market account.
Money market accounts provide corporate ownership rights.
Ownership investments are ideal for investors who are:
risk-averse.
risk-tolerant.
close to retirement.
just beginning to invest.
Investors take a risk for the potential of receiving a:
bonus.
prize.
recognition.
return.
