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CH 10/11 MM-Stocks Saving for future Flashcards | StudBud
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CH 10/11 MM-Stocks Saving for future
CH 10/11 MM-Stocks Saving for future
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Answers
1
__________ provide financial data for interpretation (for example Moody's)
investor services
risk
option
2
When a CD is cashed before its maturity date, the depositor must pay a(n) _____penalty.
Early withdrawal
Maturity date
Today
3
The date on which a certificate of deposit is due is called the _________________.
redemption
maturity
beginning
ending
4
Short term needs include things such as home ownership, education of children and retirement.
False
True
5
____________is what you have left over to spend for what you wish (after your bills)
Discretionary income
Compound
Money market account
Extra Money
6
Which of the following is not a short term need.
auto repair
retirement
weekend trip
unemployment
7
Needs you expect to have in the next few months or years are said to be _________________.
risk
early withdrawal
FDIC
short term
8
Government actions that affects business profits are called __________ risk.
risk
political
life
9
A(n) _____ is a document that gives the financial history of a corporation.
annual report
dime
penny
stock
10
Money set aside for a specified length of time at a specified rate is called a(n)__________.
risk
early withdrawal
liquidity
Certificate of deposit
11
_______________ involves an employer placing your paycheck in checking account.
automatic payroll
direct deposit
right now
interest
12
A(n) ______ is a person who buys and sells securities for clients.
loan shark
broker
13
______ is a rise in the general level of prices.
investment
inflation
risk
none of the above
14
Liquidity is a major advantage to regular savings accounts.
False
True
15
A(n) is the use of money to earn the best possible return with the least amount of risk.
inflation
investment
risk
broker
16
The chance that an investment's value will decrease is called _____________.
try and fail
risk
stock
broker
17
Sections of newspapers containing financial data are called the __________.
newspapers
comics
financial pages
18
The amount of money you place in savings is called _____________.
Principal
Share
A lot
Maturity date
19
The day on which a certificate must be renewed or cashed in is called the __________.
Maturity date
Today
Birthday
Stockbroker
20
Having money withheld from yout paycheck and sent directly to your savings is _______ deduction
automatic payroll
share
liquidity
compound
21
Credit unions do not provide insurance for their depositors' savings.
True
False
22
The capability of financial resources being readily converted to cash is called______________.
Risk
Liquidity
Share
Rich
23
A stock broker works for which type of financial institution?
credit union
commercial bank
brokerage firm
savings and loan
24
_____ is the use of savings to earn a financial return.
IDK
investment
What's the question again?
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