Amana Appliance Company determined its
affordability to start selling self-cleaning stoves. This
is an example of what kind of financial planning?
What is Expansion?
100
Jack is reviewing his investment portfolio to make
sure it includes options that will allow him to access
money immediately. Which type of evaluation factor
of saving is he considering?
What is Liquidity?
100
Some customers recently learned that they can
exchange quilts purchased from Tyson's Antique
Store over 25 years ago for higher prices than they
were originally purchased. Which type of
investment are the quilts?
What is Collectibles?
100
Mary's business has $5,000 to start a savings plan
at a local bank. She is comparing the interest rates
between a mutual fund and a regular savings
account. Which evaluation factor of saving is Mary
considering?
What is Potential return?
100
Mary needs a savings plan that will allow her to
access her money as cash for potential emergency
needs. Which type of evaluation factor of saving is
she considering?
What is Liquidity?
200
RadioShack offers shares of stock to investors at a
consistent rate of 6% without any voting rights.
What type of stock is it offering?
What is Preferred stock?
200
How are common and preferred stocks similar?
What is Both have a risk of loss of a investment?
200
Bob sells specialty guitars and hopes to exchange
the guitars for a much higher value than the
purchase price. Which type of investment could the
guitars become?
What is Collectibles?
200
. Mary's business has $5,000 to start a savings plan
at a local bank. She is comparing the interest rates
between a mutual fund and a regular savings
account. Which evaluation factor of saving is Mary
considering?
What is Potential return?
200
The city government needs 1.2 million dollars to
build a new medical facility. Which type of bond
investment opportunity would help the city
government obtain funding for the facility?
What is a Municipal bond?
300
Direct Finance Company's primary function is to use
its own money instead of customers' savings to
provide loans to other businesses. This is an
example of which type of financial institution?
What is Non-depository?
300
Todd gave Intrek Computer Services a personal
check for which his bank guaranteed payment. This
is an example of which type of payment service?
What is a Certified check?
300
Sam prefers a savings plan that allows him to earn
interest on previously earned interest. Which type
interest does he prefer?
What is a Compound?
300
The Federal Reserve System aids in transferring
funds between banks in North Carolina and New
Jersey. This is an example of which service of the
Federal Reserve System?
What is Clearinghouse?
300
Mary prefers a relatively safe investment that will
allow her to withdraw money after a few days without
losing any of her principal. Which is the BEST
investment choice for Mary?
What is Money market account?
400
Todd gave Intrek Computer Services a personal
check for which his bank guaranteed payment. This
is an example of which type of payment service?
What is Certified check?
400
Maria prefers an endorsement that will make sure
checks are used for deposits only to her business
account. Which type of endorsement is preferred?
What is Restrictive endorsement?
400
Which is the FIRST step in opening a checking
account?
What is Completing a signature card?
400
An investor prefers a financial institution that offers
safe deposit boxes, trusts, and loans. Which
characteristic(s) of financial institutions the
investor prefers?
What is Services?
400
Which financial ratio will John use if he wants to
determine whether his business could pay its debts
due this month?
What is a Current?
500
. Jennifer prefers a financial institution that will meet
her business needs such as access to checking
options, credit cards, and loans. Which characteristic
(s) of financial institutions does she prefer?
What are Services?
500
Which financial ratio will John use if he wants to
determine whether his business could pay its debts
due this month?
What is Current?
500
An investor prefers a financial institution that offers
access to local branches and ATM machines near
her home and job. Which characteristic(s) of
financial institutions the investor prefers?
What is Convenience?
500
Southern Life Insurance Company makes money on
selling specific services such as policies instead of
retaining their customers money. This is an example
of which type of financial institution?
What is Non-depository?
500
Sarah purchased school supplies with a store gift
card of $300. This is an example of which type of
payment service?