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FINANCE
FINANCE
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1
A key difference between saving and investing is
Investing has a guaranteed return, savings does not
Saving is emergencies & goals, investing is long-term wealth
Your money is insured when investing, it is not in savings
Savings is for everyone, investing is for the wealthy
2
Firms' investing activities include investing in other companies.
True
False
3
The three elements to calculate simple interest are:
percent, ratio, time
principal, ratio, time
principal, rate, hours
principal, rate, time
4
People are only allowed to buy stocks in companies which are:
Publicly traded
Owned by one person
Privately funded
Owned by Warren Buffett
5
What is the name of this famous Stock Market investor?
Jeff Bezos
Warren Buffett
Colonel Sanders
Carl Icahn
6
What is the mouse's name in the Disney movie "Dumbo"?
Phileas T.
Mickey Mouse
Timothy Q. Mouse
Gus Gus
7
True/False:
Nintendo is letting YouTubers upload game play videos without sharing revenue.
True
False
8
Which of these four movies is NOT about the stock market?
The Big Short (Christian Bale, Steve Carell, Brad Pitt, Ryan Gosling)
Inside Job (Matt Damon, Jerome Fons)
The Hummingbird Project (Alexander Skarsgard, Jesse Eisenberg, Salma Hayek)
Spectre (Daniel Craig, Lea Seydoux)
9
$5000 at 10% for 5 years. Compound Interest.
8052.55
8051
8053
8052.56
10
An account that is used to buy and sell stocks, bonds, and funds is called a
Target Date Fund
Brokerage Account
Roth IRA
ETF Account
11
What is a bullish stock market?
When the speculation maintains the share price index.
Prices are generally falling over time.
When the market equilibrium does not change.
Prices on average are rising over time.
12
What is a stock index?
A measure of a specific stock's performance
A measure of the overall stock market's performance
A stock trading platform
type of stock exchange
13
Which is NOT a stock market index?
Dow Jones Industrial Average
Nasdaq
S&P 500
New York Stock Exchange
14
Which represents a $48 deposit into a savings account?
-48
4.8
+48
50
15
US Income Taxes are:
Progressive
Regressive
Collected every ten years.
A minor source of federal revenue.
16
Holders of common stocks
never get dividends
may vote at stockholders meetings
are guaranteed dividends
may not vote at stockholders meetings
17
STEM's school store is called Spartanmart
True
False
18
Creating a personal budget is important.
False
True
19
Nasdaq-listed securities can have up to 9 characters
False
True
20
Which is TRUE about Certificates of Deposit (CDs)?
You pay the bank some interest to keep $ in the CD
You agree to keep $ in a CD for an undetermined time period
The bank can loan out the $ in your CD
The bank pays you interest in return
21
what fort nite skin is this?
raptor
drift
fish sticks
vistor
22
Which statement about
dividend
from
stocks
is true?
Dividend from stocks is always the same
You never receive dividend from stocks
You only receive dividend from stocks after 10 years
Dividend from stocks can vary
23
Financial literacy = financial wellness
True
False
24
Which of these can does NOT improve your credit rating?
Build your credit history.
Never open a credit card.
Don't use all of your available credit.
Always pay your bills on time (or at least pay the minimum owed).
25
How does the 50/30/20 rule of thumb for budgeting allocate your income?
50% Needs, 30% Savings & Debt Repayment, 20% Wants
50% Wants, 30% Needs, 20% Savings & Debt Repayment
50% Savings & Debt Repayment, 30% Wants, 20% Needs
50% Needs, 30% Wants, 20% Savings & Debt Repayment
26
Three types of banking accounts are...
Under your mattress, in your sock drawer, in the yard
Stocks, savings, DVDs
Checking, savings and budget
Checking, savings and certificate of deposit
27
Why is compound interest more beneficial than simple interest?
Your taxed on simple interest, but not compound interest
Fees for compound interest are greater than simple interest
Your money grows faster when it is compounded
Compound interest is hard to calculate, so fewer use it
28
What is a stock?
A type of bond
Currency used in stock trading
Mutual fund investment
Ownership share in a company
29
How is compound interest different than simple interest?
It's not different; they are one and the same
It is double the simple interest earned on an investment
It is simple interest + interest earned on that interest
It is simple interest - interest earned on that interest
30
This institution that insures banking accounts
National Credit Union Share Insurance Fund (NCUSIF)
Federal Deposit Insurance Company (FDIC)
American Insurance Depository Service (AIDS)
National Federal Share Service (NFSS)
31
A professional who is licensed to buy and sell stocks:
Stock anchor
Stock broker
Stock looker
Stock maker
32
All securities traded on the stock exchange have a ticker symbol
True
False
33
Why is it important to start investing as soon as possible?
Investing is an easy way to make quick money
You have more time for your money to compound
You take less risk when you are young, so money will be safe
Fees on investments are cheaper when you are younger
34
When applying for a loan, why might a lender be interested in your credit score?
To know how much money you have in your bank account
To set the loan's interest rate and terms based on risk
To sell your personal information to third parties.
To determine if you actually need a loan
35
What is a group of online gamers called?
A raid
A group
A pod
A party
36
These Donuts have a name!
Crispy Donuts
Krispy Kreme Donuts
Crisp Donuts
Crispy Cream Donuts
37
Financial Literacy
Teamwork is the ability to work together.
The ability to make informed decisions about money requiring skills.
The ability to lead a group of people.
The skills needed to maintain interpersonal connection
38
What do you call a baby shark?
kit
pup
guppy
joey
39
How can you protect your checking account when using online and mobile banking?
Share your pin # with only 1 person in case you forget it
Connect to a secure WiFi network
Opt-out of alerts to notify you of unusual activity
Use a strong password
40
Sponge Bob lives in a?
pear
pineapple
honey comb
pond
41
How many Disney princesses-- in this picture-- have both of their parents still alive?
0
7
3
13
42
The stock market centered at the _______ _________ stock exchange
New York
Henrico
Richmond
Atlanta
43
What is the first step of the budgeting process?
List expenses in order of importance
record income for the budgeted time
write down an estimated cost
make changes to the budget if neccesary
44
Medicare and social security information are on a W2
False
True
45
When people buy stock on a stock market,
the person selling the stock receives money
The corporation promises to pay them a return
The corporation loses money
The person buying the stock receives money
46
What will affect your
credit rating
?
your savings
your assets
your ability to pay off debts
your likability
47
Which one of Donald Duck's nephews wears green?
Duey
Daisy
Heuy
Louie
48
The groups of stocks you own is your:
collection
money pit
portfolio
market
49
The most snow ever fell in Colorado in 1921 and amounted to...
75 inches in 24 hours
87 inches in 0.5 hour
24 inches in 48 hours
120 inches in 1 hour
50
"Rate of return" is a phrase used to describe what aspect of investing?
Inflation
Accrued interest
Risk and return ratio
Compound growth
51
What does IPO stand for?
Investment Profit Objective
Initial Public Offering
Inmate Prison Officer
International Portfolio Organization
52
Millionaires tend to avoid investing in the stock market.
True
False
53
What is a blue-chip stock?
A stock with a high market capitalization
A stock with no dividends
A stock with high volatility
A stock with a low market capitalization
54
What does the P stand for in the Simple Interest formula A=Prt?
Present
Percent
Pricy
Principal
55
What is the formula used for Compound Interest?
A=P(1+r)t
A=P(1+rt)
A=Prt
A=(P+r)t
56
Which of the following is NOT a reason for investing?
Security
Major purchases
Retirement
Extra Income
57
Purchasing Stock is also called
Spending
Investing
Losing all your money
Saving
58
Benefits of credit cards are:
Credit cards can build an individuals credit score, which has benefits.
Convenience to pay in-store, online or on a mobile phone
Some credit cards allow you to earn rewards when you use them
All of the above are benefits.
59
Which minion quotes the famous saying "BEE-DO! BEE-DO!"?
Stuart
Tom
Jeremy
Carl
60
Ticker Symbol is the numeric name that identifies a stock
True
False
61
What banking accounts earn interest?
Retirement
Answers 1 and 3
Savings
Checking
62
What is it called when you take your assets and subtract your liabilities?
Wet Saw
Help!!
Full Worth
Net Worth
63
Who is this animae character?
Hachiman Hikigaya
Kurisu Makise
Naruto
Kazuto Kirigaya
64
What is the purpose of the FDIC?
Protects the bank buildings
Protects money put in banks
Protects home values
Protects money given to workers
65
Which is NOT a stock market index?
New York Stock Exchange
Dow Jones Industrial Average
S&P 500
Nasdaq
66
Who directed
Back to the Future
?
Zemeckis
Scorsese
Spielberg
Lucas
67
Mutual funds are
a diversified investment
a form of real estate investment
a speculative investment
risky
68
Why is financial literacy important?
to understand how to build wealth
to know the basics of personal fiance and money management
All of the above
to better understand credit scores, risk, interest rates
69
Which animal is set to be reintroduced into northwestern Colorado after the passing of a historic vote?
Black bears
Cougars
Gray wolves
Coyotes
70
The best option if you suspect that someone has stolen your banking information is to ...
Hope your bank catches any suspicious activity.
Cancel all cards and notify your bank
Go home and take a nap
Call police
71
Investing means:
taking lots of risks not knowing the results
keeping your money safe
putting your money to work earning more money
saving your money
72
Preferred stock is a safer investment than bonds.
False
True
73
What year was the San Francisco Warriors changed to the Golden State Warriors?
1962
1976
1971
1970
74
Replacement cost minus depreciation equals....
Replacement cost
Market value
ACV
Functional replacement
75
Taylor Swift had a hit song in 2017 with what kind of car?
Getaway Car
Sports Car
Roadster
Convertible
76
What is a bear market?
A market with rising stock prices
A market with no trading activity
A market with stable stock prices
A market with falling stock prices
77
What is a stock split?
An increase in a company's share price
A division of a company's shares into smaller units
A decrease in the number of outstanding shares
A division of a company into separate entities
78
The W4 form
Is filled out by ea. employee, stating the # of withholdings
<p>shows gross wages</p>
Should be stapled to the tax return
Lists who can claim the worker as a dependent
79
Zero based budgeting is
All of the above
Not considering the previous year's figure
Starting the budget from base zero
Justifying all expenses completely
80
Stocks are a claim on the company's assets & earnings
False
True
81
Common stocks ______________.
make up the largest percentage of stocks
do not come with voting rights
make up the smallest percentage of stocks
owners will be the first to receive money
82
The owner of a business investing their own money as capital is known as...
issuing shares
Owners' funds
mortgage
venture capital
83
What information can you find on a credit report?
Your parents' and siblings' contact information
Your medical insurance information
Inquiries you've made on new lines of credit
Your education level
84
One of the world's richest investors, Warren Buffett, lives in a home worth about...
$25,000,000
$2,347,000
$5,300,000
$650,000
85
A key factor influencing credit scores is:
Monthly expenses
Recent inquiries
Education level
Martial status
86
Which of the following is FALSE about saving and investing?
Saving has more risk; investing has less risk
Saving doesn't outpace inflation; investing usually does
Both saving and investing generally have low returns
Saving is for short-term; investing is for the longer-term
87
Albert Einstein was _____ than me.
most intelligent
more intelligent
intelligenter
intelligent
88
How can you make money on stocks?
Interest
Dividends
Holding the stock at least 3 years
Buy them when the price his high and sell when the price is low
89
What is market capitalization?
The price of a stock on a given day
The dividend yield of a stock
The total value of a company's outstanding shares
The number of shares traded in a day
90
How many animal are on Old Macdonalds farm?
3
5
4
6
91
Credit Rating increases when you
Pay your bills on time
Bring a smile with you
Have a dog
Polish your shoes before bed
92
What is the name of the powerful super-villain in
Avengers: Infinity War
?
Tony Stark
T'Challa
Thanos
Thor
93
Preferred stocks:
have dividends that are usually limited to a set rate
Stockholders have no voting rights
All of the above
are less risky than common stock
