Accounting
In accounting, the term "ROI" is often used to describe the financial performance of an asset. ROI stands for "return on" WHAT?
Investment
When the stock market index S&P 500 is referenced in the U.S., technically "S&P" no longer stands for anything. However, what did these two letters previously stand for?
Standard and Poor's
In finance, what term that contains a state of matter refers to the ease with which an asset can be converted to cash?
Liquidity
Saying “I have to go to the ATM machine” is actually redundant because ATM stands for Automated ______ Machine.
Teller
A 401(k) is a type of tax-advantage defined-contribution account designed to help you save for what withdrawal from working life?
Retirement
What term describes the year as it pertains to figuring out your business’s annual budget and other finances? For example, looking at quarterly statements and getting your taxes in order.
Fiscal
Which type of stock is higher-up on the chain of claim than common stock, but not as high up as bonds?
Preferred
Which country was the first one to use printed paper currency in the world?
China
What is the "trashier" name for a "high yield bond" that is typically issued by companies with low credit ratings?
Junk Bond
What credit score and above is considered “Excellent”
800+
An asset that you pledge as security for a loan is known as ______
Collateral
When you were a kid, your grandparents might have bought you a savings ______—a long-term investment with little risk that pays a predictable rate of interest and is insured by the federal government.
What do the 13 arrows on the US Dollar represent?
13 original states
To earn trust, many investment companies make it front and center that they're this type of advisor obligated to act in a clients interest.
Fiduciary
Used to calculate an individual's tax liability and meaning gross income minus certain payments made during the year, AGI stands for ___ Gross Income. What adjective goes in the blank?
Adjusted
What are the Big Four accounting firms?
PriceWaterhouseCoopers, Deloitte, Ernst & Young, and KPMG
What does NASDAQ stand for?
National Association of Securities Dealers Automated Quotations
What dollar bill does Benjamin Franklin appear on?
$100
Released in 2015, it became the number 2 cryptocurrency in market capitalization after bitcoin.
Ethereum
What Boston-based private equity investment firm was co-founded by former Massachusetts governor and current Utah Senator Mitt Romney?
Bain Capital
The Big Five U.S. accounting firms became the Big Four in 2001, because Arthur Andersen botched their audit of what Texas company?
Enron
Which is the world’s oldest stock exchange?
Amsterdam Stock Exchange
Who was the first billionaire in the world? (hint: in 1916)
John D. Rockefeller
What type of investment is named after a Senator from Delaware and was established by the Taxpayer Relief Act of 1997? The defining factor of this type of investment is that contributions are not tax deductible.
Roth IRA
In the insurance business, what is the name for a person whose job it is to analyze statistics to calculate risks and price premiums accordingly?
Actuary