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Intro to Finance Test #1

Total questions: 16

Worksheet time: 11mins

Name
Class
Date
1.

What is a stock?

a)

you get money from the bank

b)

a security that takes away any ownership you have of a company

c)

a security that lets you have a small part of ownership in a company

d)

you lose your job in a company

2.

What does it mean to "thwart"?

a)

accountants are trying to help you understand.

b)

your bank account is frozen and you cannot unlock it.

c)

accountants are confusing people by telling lies.

d)

accountants are confusing people by giving the same word different names.

3.

What is another word for bond?

(a)  

4.

Which of the following is an example of "thwarting"?

a)

sales; bonds payable

b)

stock; equity

c)

accounts receivable; revenues

d)

sales; leverage

5.

What is a broker/brokerage?

a)

a place that fixes broken items like computers and phones

b)

people and companies that put together businesses

c)

a place people go to get free food and shelter

d)

people and companies that help manage trades

6.

Which three terms/words mean the same thing?

a)

net income

b)

net worth

c)

net earnings

d)

net profit/loss

7.

What word describes "the collection of stocks, bonds, and other securities you own"?

(a)  

8.

Which website should we use to look up investing and financial terms?

a)

Investing for Dummies

b)

Wikipedia

c)

Investopedia

d)

WebMD

9.

What is "a percentage of ownership of our assets; stock"?

a)

equity

b)

equality

c)

eggs

d)

equivalence

10.

For which of the following can investing be used?

a)

housing

b)

college

c)

retirement

d)

all of the above

11.

Which one is not a security?

a)

baseball card

b)

a share of stock

c)

a bond

d)

an option

12.

According to accountants, which group of terms/words can be interchangeably used? (HINT: Which words mean the same thing?)

a)

broker; trader; investment banker

b)

stock; bond; option

c)

stock; equity; shares

d)

NYSE; Dow Jones; AMEX

13.

Which is not an exchange?

a)

The Chicago Board of Trade

b)

the college bookstore

c)

The TSE

d)

The NYSE

14.

What is an investment vehicle?

a)

a word you use to describe cars that carry stocks.

b)

a vehicle made as a company car for an investment firm.

c)

a van they use to transfer shares to super rich people when they make a major trade.

d)

a general term for any type of security you use as a tool for investment.

15.

What is an index?

a)

a measure of how a group of securities are doing

b)

a document with your spending records

c)

a book filled with Pokemon and their moves

d)

a list of names and places

16.

Securities is another word for (a)