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Personal Finance - Stock Market/Profit and Loss Flashcards | StudBud
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Personal Finance - Stock Market/Profit and Loss
Personal Finance - Stock Market/Profit and Loss
20 terms
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Questions cover Stock Market/Profit and Loss/Insurance/Identity Theft
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
On what date did this stock drop very quickly?
October 21
October 24
October 26
October 25
2
What kind of insurance would you need if you broke and arm and had to go to the doctor?
Car Insurance
Health Insurance
Life Insurance
Home Insurance
3
What kind of insurance would you need if your house got flooded?
Car Insurance
Home Insurance
Health Insurance
Life Insurance
4
How much has this stock gone up or down today?
-$0.90
+$31.99
-$31.99
+$0.90
5
What is an expenses?
money saved
money donated
money spent
money earned
6
What is the stock symbol for this company?
Under Armour Inc
UA
NYSE
PM
7
Which type of insurance would you need if you were in a car wreck?
Health Insurance
Car Insurance
Life Insurance
Home Insurance
8
Stocks are a safe way to make extra money?
True
False
9
Hank sells 4 bottles of propane at $20 each. He spends $10 delivering them. What is his revenue
$80
$4
$10
$20
10
Which of the following is not a way that people are trying to steal your identity?
Asking you if they can take your identity
Digging through your garbage
Stealing Social Security Number
Stealing credit card numbers
11
Peggy sales 5 cookies for $2 each. She spent $15 on ingredients. What is her profit/loss?
$5
$13
-$13
-$5
12
Who is winning at the stock market game?
Mr. Bonds
You wish it was you
You wish it was you
You wish it was you
13
Which if the following things can you do to protect yourself from identity theft?
Shredding old credit cards and other documents
Not posting pics of your favorite sports team
Carrying your Social Security Card so nobody can steal it
Having same password so you don't forget important logins
14
Which of the following not a way that identity theft could be harmful to you?
Lose all of your money
Raises your credit score
Might not be able to buy a house or car
You have to take the time to cancel old cards and accounts
15
What is the formula for calculating profit/loss?
Expenses - Revenue = profit/loss
Revenue - Expenses = profit/loss
Revenue + Expenses = profit/loss
Expenses + Revenue = profit/loss
16
Tommy spends $22 on art supplies. He sells 2 drawings for $20 each. What is his expense?
40
$20
2
$22
17
What is revenue?
money saved
money spent
money donated
money earned
18
Which is better to do when buying stocks?
Buy at low price and sell at high price
Buy at high price and wait for it to go back down
Buy at high price and sell at low price
Buy at low price and sell at lower price
19
What is the price of this stock?
2.74%
$31.99
$0.90
$2.74
20
What type of insurance helps cover cost of a funeral?
Car Insurance
Home Insurance
Health Insurance
Life Insurance
