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Guess the Financial Instrument Quiz

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

GUESS WHAT FINANCIAL INSTRUMENT

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

2.

GUESS WHAT FINANCIAL INSTRUMENT (considering that you are the issuer of bond)

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

3.

GUESS WHAT FINANCIAL INSTRUMENT (considering you are the bondholder)

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

4.

GUESS WHAT FINANCIAL INSTRUMENT

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

5.

GUESS WHAT FINANCIAL INSTRUMENT (considering you are lender)

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

6.

GUESS WHAT FINANCIAL INSTRUMENT (considering you are issuer of note)

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

7.

GUESS WHAT FINANCIAL INSTRUMENT

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

8.

GUESS WHAT FINANCIAL INSTRUMENT

a)

Financial Asset

b)

Financial Liability

c)

Equity Instrument

d)

Derivatives

9.

The following are financial assets except:

a)

accounts receivable

b)

money order

c)

notes payable

d)

loans receivable

10.

The following are equity instruments except:

a)

ordinary shares

b)

stock certificate

c)

preference shares

d)

Warranties payable

11.

The following are financial liabilities except:

a)

accounts payable

b)

notes payable

c)

Debt instruments where you are holder

d)

loans payable

12.

Refers to funds set aside for various locations to pay for miscellaneous expenditure

a)

cash in bank

b)

money orders

c)

petty cash funds

d)

demand deposits

13.

It refers to an agreement between two or more parties which sets out its clear economic consequences upon its entry.

a)

Contract

b)

Agreement

c)

Securities

d)

Financial instruments

14.

An agreement between a seller and a buyer that requires the seller to deliver a particular commodity at a designated future date, at a predetermined price.

a)

Forward contract

b)

Futures contracts

c)

Call option

d)

Swaps

15.

What do you call a futures contract that is used for gaining profit?

a)

investment

b)

hedge

c)

financial futures contract

d)

commodity futures contract