NEW
Font size
WorksheetsFinancial Fundamentals
Total questions: 20
Worksheet time: 10mins
Any item that serves as a method of payment
Inflation
Finance
Money
Security
activities involved with saving, investing, and using money by individuals, businesses, and government
Inflation
Finance
Money
Security
a rise in the general level of prices
Inflation
Finance
Money
Security
an investment issued by a corporation, government or other organism representing ownership or debt
Inflation
Finance
Money
Security
a security representing ownership in a corporation
Stock
Liquidity
Bond
a debt that is borrowed by a company or a government
Stock
Liquidity
Bond
the ease and speed with which an investment can be converted into cash
Stock
Liquidity
Bond
the process of managing your managing your money to achieve personal economic satisfaction
financial plan
Personal financial planning
personal financial goal
opportunity cost
A formal report with a summary of your current finacial situation along with plans for future financial activities
financial plan
Personal financial planning
personal financial goal
opportunity cost
Every course of action you choose means you will give up something else
financial plan
Personal financial planning
personal financial goal
opportunity cost
a desired outcome for financials planning
financial plan
Personal financial planning
personal financial goal
opportunity cost
Commercial bank, savings and loan association, mutual saving bank, and credit union
Non-deposit institutions
Deposit institutions
use of funds
source of funds
Life insurance company, investment company, consumer finance company, mortgage company, check-cashing outlet, and pawnshop
Non-deposit institutions
Deposit institutions
use of funds
source of funds
Refers to the inflow of cash that can be used for paying various expenses.
Non-deposit institutions
Deposit institutions
use of funds
source of funds
the daily operations of organizations also involve making payments for various business costs and other expenses.
Non-deposit institutions
Deposit institutions
use of funds
source of funds
levied on the income of individual
sales tax
property tax
income taxes
based on the value of land and buildings
sales tax
property tax
income taxes
a state or local tax on goods or services that is collected by the seller
sales tax
property tax
income taxes
Debt security issued by a state or local government
Municipal Bonds
Tax revenue
An example of government income
Municipal Bonds
Tax revenue
