Principle of Finance

Which of the following are not apart of common groups in Mutual Funds

Checking accounts will not allow you to write checks against the money in the account

What is sole proprietorship?

Liabilities are any debts or payments you owe to an individual or business

Credit unions are institutions formed by a group of people that have do not a common tie

Debit cards are linked to your checking or savings account

Money is:

The money spent is called and Expense

Insurance does not protect you from unexpected losses

There are three most common types of Government bonds which of the following is not one of them

Companies issue corporate bonds to raise money for expansion and modernization

Income is money Received

What does FDIC Stand for?

What is Financial Literacy?

Debit Cards allow you to withdraw cash as well as make purchase

Savings and Checking Accounts are the most common accounts.

What is stock?

FICO stands for which of the following

Alternative Financial Services Include

Money Market: you will get your money back with interest in less than a year

Three general functions of Money are medium of exchange, a unit of account and a store of value

What is Debt?

Investments include all of the following except

Which one does not describe Financial Services?

What is an Entrepreneur?

A fixed rate is a rate that changes

Online banking service allow you to do many of the same things you would do in a bank from home

Inflation is The declining value of money due to rising prices

Thrifts are Savings and loans associations

A partnership is which of the following

Credit and debit are typically not a way of life for most people.

Assets are useful or valuable things, person, or quality.

The price of a stock is not based on the value of the company

Owning stock means you own a piece of the company

This industry includes many different institutions that manage money:

Capitol is which of the following

A great way to manage debit and credit is to budget and set goals

Which one is not apart of the check writing?

Net Income is another word for wealth

A mortgage loan is used for which of the following?