Trashayla is learning about different types of interest in her finance class. Which of the following is interest computed on the principal, excluding previously earned interest?

Which of the following regulates money market funds?

William is looking to manage his investment risks. Which of the following is a risk management technique which spreads assets into a portfolio with a wide variety of investments?

Dylan is learning about different types of investments. Which of the following types of returns are inversely related to interest rates?

Temika and Christina are discussing investment options. Which of the following is a correct statement about mutual funds?

Which of the following is an employer-sponsored retirement savings plan?

Which of the following is a saving certificate with a fixed maturity date and specified fixed interest rate?

Which of the following involves restricting expenses and keeping the unspent money in an individual's custody to accumulate it?

Tiara wants to invest in an asset that she can quickly buy in the market without affecting the asset's price. Which of the following describes this characteristic?

Which of the following is made up of a pool of funds collected from many investors to invest in securities?

Which of the following describes a portion of ownership in a corporation?

Which of the following is a type of mutual fund which invests only in low-risk securities?

Which of the following is a contract between an investor and an insurance company in which the company promises to make periodic payments to the investor?

T'Mariyen is looking to invest in the stock market. Which of the following are intermediaries between buyers and sellers to facilitate security transactions?

Which of the following is the act of buying an asset to generate returns over a period of time while also managing risk and volatility?

Which of the following describes the rate at which the general level of prices for goods and services rises?

Which of the following is a financial statement which outlines a person’s financial position in each point of time?

Which of the following are resources which have no physical presence?

Wafaa is reconciling her bank statement. Which of the following is the last step she should take?

A __________ is a summary of financial transactions which have occurred over a given period on a bank account held by a person or business with a financial institution.

Which of the following is an interest-bearing deposit account held at a bank which provides a modest interest rate?

Which of the following describes a person’s financial debt or obligation?

Micah is preparing his financial documents. He needs to create a personal financial statement. What is another name for this document?

Which of the following financial documents is recommended to store for just one month?

Which of the following financial documents is recommended to be stored permanently?

Which of the following is NOT usually included in a bank statement?

Which of the following is a type of savings account which usually earns more interest than a basic savings account?

Which of the following is an interest-bearing deposit account held at a bank providing a modest interest rate?

Which of the following financial documents is recommended to be stored for at least three to seven years?

Mrs. Mendez's house would be an example of a fixed asset.

Reconciling a statement involves matching up records with the information on the bank statement.

Which of the following is a deposit account held at a financial institution which allows withdrawals and deposits?

Kendravious needs to borrow a certain amount of money for a set period of time and is required to repay the money by making a series of fixed payments. Which type of credit is this?

Interest is the amount of money a bank charges to borrow money.

Which of the following is the first step of the borrowing process?

Which of the following loan types is issued when the borrower promises an asset of equal or higher value for the loan?

Which of the following is also known as social lending or crowd lending?

Which of the following credit scores are considered fair?

Which of the following best defines credit utilization?

Which item on a credit card statement shows the spending limit?

Which of the following is an example of revolving credit?

Which of the following requires the borrower to offer a securement to the lender in case they do not repay the loan?

Ms. Hayes is working for a multinational corporation and needs to find a bank that provides international banking services. Which of the following should she choose?

Which of the following types of interest fluctuates over time as the market interest rates change?

The gap between when the credit card’s billing cycle closes and when the bill becomes due is called a grace period.

Which of the following best describes a higher down payment?

Which of the following is the annual or yearly rate charged for borrowing or earning through an investment?

Which of the following types of credit is issued and supported by a borrower’s reliability, rather than the value of an asset?

Which of the following is the issue of money, goods or services to an individual or entity with the expectation of future payments?

Which of the following is considered an unearned income?

Charitable donations may take the form of real estate or motor vehicles.

How many different tax brackets are in the federal tax system?

Taxation progressively increases as an individual's income grows.

Bills are considered a flexible expense and a liability.

Which type of people prefer to plan for the future and are prepared for any type of financial situation?

________ is the sum of the individual's current assets minus the individual's total liabilities.

A used town car would have a lower insurance premium than a brand-new SUV.

Which of the following is a one-time refundable fee held in case of damage to a rental apartment or home?

Tax deductions are the same at the federal and state levels.

When must W-2 forms be sent to employees?

Which of the following is considered a refundable tax credit?

The Employer Identification Number (EIN) and employer’s state ID number are needed for which tax form?

State governments use taxes to deliver public services such as assisting farmers with agricultural issues.

Which of the following forms is the most complex of all individual tax filing documents to complete?

When must taxpayers complete and submit tax return forms?

An itemized deduction is based on the taxpayer’s age, filing status and whether they are disabled.

Which of the following is a form used by an individual’s employer to withhold the proper amount of federal income tax from the employee’s paycheck?

Taxpayers are allowed to choose between standard deductions and itemized deductions.

Which of the following is the total amount of tax debt owed by an individual to a taxing authority such as the IRS?