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Creating Wealth Revision Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

A collection of markets and exchanges where regular activities of buying, selling and issuance of shares of publically held companies takes place.

a)

Sharemarket

b)

Futures exchange

c)

Internet

d)

Equity market

2.

A financial gain, especially the difference between the amount earned and the amount spend in buying, operating or producing something.

a)

income

b)

loss

c)

profit

d)

expenditure

3.

What is the fee called that stockerbrokers charge when a order is filled and trade occurs on the sharemarket?

a)

tax

b)

booking

c)

refund

d)

brokerage

4.

The request to buy shares on the stock exchange is known as a...

a)

order

b)

bid

c)

deal

d)

command

5.

Which type of order are you placing if you specify the maximum price you are prepared to pay for shares if buying, or the lowest price you are prepared to accept if selling?

a)

market to limit order

b)

unlimited order

c)

market order

d)

limit order

6.

Means to invest in different companies and/or different industry sectors.

a)

homogeneity

b)

withdrawal

c)

diversify

d)

stablise

7.

The Australian sharemarket has approximately how many companies listed on it?

a)

200

b)

2000

c)

3000

d)

4000

8.

An index in the sharemarket is used to...

a)

measure the performance of a group of companies based on their annual report

b)

measure the performance of a group of companies based on their CEO

c)

measure the performance of a group of companies based on size or industry sector

d)

measure the performance of a group of companies based on their share price

9.

Money put aside by your employer during your working life for you to live on when you retire from work.

a)

Investment

b)

Inflation

c)

Shares

d)

Superannuation

10.

A sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).

a)

Stock

b)

Division

c)

Securities

d)

Dividend

11.

A sector in the sharemarket is...

a)

A collection of similar industries

b)

A collection of dissimilar industries

c)

A section of profits

d)

A type of stockbroker

12.

In general, if the price of a share goes down, what can happen to the demand of that share?

a)

demand goes down

b)

demand stays the same

c)

demand goes up

d)

none of the above

13.

A market is said to be in equilbrium when...

a)

when demand is higher than the supply

b)

when demand is lower than the supply

c)

when the demand and supply quantities are equal

d)

when the supply is doubled the demand

14.

Predominantly shares that pay dividends is known as...

a)

investing for growth

b)

investing for income

c)

investing for fun

d)

investing for retirement

15.

Share price and company profits are the same thing...

a)

YES

b)

NO