In the financial world, what is a zombie?

Companies that continue to operate even though they are bankrupt

What is cash (in terms of money)?

Money that can be spent right away

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Financial Fitness Trivia

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Financial fitness trivia questions that will refresh and broaden your knowledge of today's monetary world.

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Questions 21

Answers

1
What is it about prime bank scams that make them scams?
Prime banks charge much higher transfer fees than other banks.
Prime banks dont exist.
Prime bank officials in certain countries are known for being easily bribed
2
Which coin has a president that faces to the right?
Nickle
Penny
Dime
Half dollar
3
Which of the following will not deduct money from your bank account directly?
A credit card
A debit card
A check
An ATM
4
In the financial world, what is a zombie?
Companies that continue to operate even though they are bankrupt
Only in movies
Cold cash
Dead dollars
5
What legal document do you need if you are going to act as a financial agent for a individual?
Will
Power of Attorney
Hand written note
Endorsed check
6
Which of the following metals is no longer used for making coins?
Copper
Gold
Bronze
Tin
7
The Latin phrase term 'E Pluribus Unum" translate as what?
Death to the British
Out of many, one
Unity is strength
All for one and one for all
8
What is the science of coins called?
Greed
Centology
Metallurgy
Numismatics
9
Ben Franklin was famous for his frugal wisdom. Which of the following quotes is attributable to the founding father?
Beware of little expenses. A small link will sink a great ship.
A penny saved is a penny earned.
Wine is constant proff that God loves us and loves to see us happy.
All of the above
10
What do the 9 digits in the lower left hand corner of your checks represent?
Security code
The check number
Your account number
The routing number for your bank or credit union
11
Who was the first U.S. Billionaire?
Thomas Edison
Walt Disney
Theodore Roosevelt
Henry Ford
12
What is the official term for the "head" side of the coin?
Front
Sunny side up
Obverse
IPS (important person side)
13
What is cash (in terms of money)?
Money that can be spent right away
Something your Dad never has
Money in the bank
A country singer that dresses in black
14
What is a sign of elder financial abuse?
All of the answers
Someone sharing excessive interest in an older persons finances or assets.
Bank withdrawls that are inconsistent with typical bank activities.
New authorized signers on a persons accounts and changes in beneficiarIies.
15
One sign that could indicate physical abuse is when an elder has bruises of different colors
True
False
16
The delay that occurs between the time a check is written and the money is deducted from your account is known as?
Overdraft
Maturity
Float
Amortization
17
How many older Americans have already been victims of financial abuse?
7.5 million
20.8 million
5.9 million
10.2 million
18
Eliminating which of these monthly services is likely to save you the most money?
Cable tv
Lawn service
Cell phone
Home phone/landline
19
Which of the following is an example of financial abuse?
All of the above
Someone making all the decisions regarding household expenditure.
Forcing the partner to work in the family business for no pay.
Not allowing their partner to view information such as bills/bankstatments
20
Heating the house is the single largest use of energy in the typical home. What is the second largest user of energy?
Cooling the home
Heating hot water
Lighting
Computers/electronics
21
What is the official term for the "tails " side of the coin?
Back
Soft under-billy
Reverse
Flip side

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