Which of the following is true about cash management accounts?

A large minimum amount must be kept in the account

What are the two different types of investment accounts?

Cash management account, and term deposit

What is a managed fund?

Money pulled together from different people, then invested

Part ownership in a public company

Which of the following are types of investment options?

Investment accounts, shares, property, super, managed funds

What is a term deposit?

Money invested for a set time, cannot be withdrawn

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Types of Investment Options

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Summary of #investment options for #year9 #commerce.

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Questions 12

Answers

1
Which of the following is true about cash management accounts?
It does not provide you with interest
There are limits to how much can be withdrawn/deposited
A large minimum amount must be kept in the account
It is the same as a savings account
2
Where are shares bought and sold?
The market
All Ords Index
Public companies
The ASX
3
Who should you see if you would like to purchase shares?
Mr. McGinn
Share dealers
Stockbroker
Public companies
4
What is the purpose of superannuation?
To save money to purchase a property
To save money to pass on to your children
To save money for retirement
To save money for large purchases
5
Why is property considered an investment?
You can rent it out to others
You have it for a long time period
You have to pay a large debt for it
You have to pay rent
6
What are the two different types of investment accounts?
Term deposits and profit accounts
Profit accounts and savings account
Savings account and investment account
Cash management account, and term deposit
7
What is a managed fund?
Money pulled together from different people, then invested
Money you invest that is put into superannuation
A professional takes control of your savings accounts
Something that happens when you don’t manage your money
8
What are shares?
Profit made by businesses
Part ownership in a public company
Dividends received from the sharemarket
Partnership in private company
9
What does ASX stand for?
Australian Securities Index
Australian Shares Index
Australian Securities Exchange
Australian Stock Exchange
10
Which of the following are types of investment options?
Wealth management, dividends, shares, managed funds
Investment accounts, shares, property, super, managed funds
Super, property, retirement, portfolios
Dividends, Investment accounts, shares, property
11
What is a term deposit?
Money invested for a set time, can be withdrawn
Money invested for a set time, cannot be withdrawn
Money that is invested indefinitely, can be withdrawn
Money that is invested indefinitely, cannot be withdrawn
12
How often would you receive interest from a term deposit?
When the term expires
Weekly
Monthly
Yearly

Types of Investment Options Flashcards | StudBud