The Principles Of Finance Quiz! Trivia

20 Questions | Total Attempts: 684

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The Principles Of Finance Quiz! Trivia - Quiz

The principles of finance quiz trivia. Choosing an investment to place your money should go to is dependent on the risk which increases with the rate of return in most cases. Different securities offer different levels of risk but is reduced by diversification in most cases. Another one of finance principles is that the value of money changes over time. Do take the quiz and get to refresh your memory on other principles.


Questions and Answers
  • 1. 
    What is the risk?
    • A. 

      The company may do poorly, if the company goes bankrupt your money may be lost.

    • B. 

      The company may do poorly , and you'll lose a portion or all your investments.

  • 2. 
    Select all that are risks
    • A. 

      Strategic and compliance

    • B. 

      Economic

    • C. 

      Inflation

    • D. 

      Financial and operation

    • E. 

      Business

  • 3. 
    Economic risk is the chance that macroeconomic conditions like exchange rates?
    • A. 

      True

    • B. 

      False

  • 4. 
    A mutual fund is a ?
    • A. 

      A pool of money

    • B. 

      A poor of money

    • C. 

      You need pay interests

    • D. 

      Is a pool of money run by a professional or a group of professionals

  • 5. 
    What are credit unions?
    • A. 

      Financial institutions formed by a organized group

    • B. 

      Is a normal bank

    • C. 

      Give you lower interests

    • D. 

      Financial institutions formed by different institutions of the government

  • 6. 
    What do Bank services include? 
    • A. 

      Personal and business checking account

    • B. 

      Check your credit score

    • C. 

      Gift cards

    • D. 

      Credit card services

    • E. 

      Currency exchange services

  • 7. 
    Credit unions is only for ?
    • A. 

      Teachers

    • B. 

      Students

    • C. 

      Teachers, government and industry

    • D. 

      Government and the industry

  • 8. 
    A bond is a
    • A. 

      Is for a specified amount of time for the purpose of raising money

    • B. 

      Give you back your money with interest

    • C. 

      Is a loan an investor makes to a government or corporation

  • 9. 
    Cash flow is 
    • A. 

      Is how your money comes and goes

    • B. 

      Is the money that you lost in transactions

  • 10. 
    There are examples of how do you can get income money.
    • A. 

      Wages

    • B. 

      Bonds

    • C. 

      Shopping

    • D. 

      Working

    • E. 

      Mutual Funds

    • F. 

      Mutual Funds

    • G. 

      Investing

    • H. 

      Investing

    • I. 

      Gifts

    • J. 

      Gifts

    • K. 

      Public Assistance

    • L. 

      Public Assistance

  • 11. 
    Which of this is the main income?
    • A. 

      Wages income

    • B. 

      Salary income

    • C. 

      Passive income

    • D. 

      Commissions income

  • 12. 
    Select all that are examples of expenses?
    • A. 

      Summer job

    • B. 

      Tuition & book

    • C. 

      Transportation

    • D. 

      Fun stuff

    • E. 

      Scholarships

  • 13. 
    Assets is 
    • A. 

      Using money to pay for things that you want or you need

    • B. 

      Anything you own that has monetary value

    • C. 

      Putting money inside for the future

  • 14. 
    Examples of liabilities are?
    • A. 

      Mortage

    • B. 

      Books

    • C. 

      Car loan

    • D. 

      Student loan

    • E. 

      Debit card payments

    • F. 

      Credit card payments

  • 15. 
    Virtual banking is the service that can allow you of accessing the banking and related services online.
    • A. 

      True

    • B. 

      False

  • 16. 
    Advantages of Virtual Banking are
    • A. 

      Better yields in accounts

    • B. 

      You can access to see you credit score

    • C. 

      You can use the ATM

    • D. 

      Accessible from anywhere

    • E. 

      Lower service and bounced- check fees

  • 17. 
    Is hard to make deposits a disadvantage of virtual banking?
    • A. 

      True

    • B. 

      False

  • 18. 
    Smart goals are 
    • A. 

      You can lose money all the time

    • B. 

      You can invest all the time

    • C. 

      Everyone make goals all the time

    • D. 

      Anybody make goals all the time

  • 19. 
    Examples of Smart Goals are 
    • A. 

      Specific

    • B. 

      Measurable

    • C. 

      Realistic

    • D. 

      Studious

    • E. 

      Organized

  • 20. 
    Many factors that influence your goal are
    • A. 

      Family

    • B. 

      Age

    • C. 

      Studies

    • D. 

      Habits

    • E. 

      Social life

    • F. 

      Money

    • G. 

      Culture

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