Ted projected that his business revenue for the next
quarter should be around $9,000. This is an example
of what kind of financial planning?
100
Operating
Jack reviewed his company's budget for six months
and determined that it is spending more on credit
card purchases. Which type of budget was used?
100
Writing the appropriate information in the check
register
Which is the FIRST step in the check writing
process?
100
Compound
Sam prefers a savings plan that allows him to earn
interest on previously earned interest. Which type
interest does he prefer?
100
Municipal bond
. 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?
200
Operation
Kate projected that her business revenue for the
next quarter should be around $7,000. This is an
example of what kind of financial planning?
200
Operating
Mary reviewed her company's budget for one year
and determined that it is continuously spending more
on utilities. Which type of budget was used?
200
Write in the purpose of the check
Phil is writing a company check and just completed
writing the amount of the check in words. What
should Phil do NEXT?
200
$109.62
How much interest is earned on a balance of $1,800
that is compounded semiannually at a 6% interest
rate for an account maintained for one year?
200
Collectibles
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?
300
Operation
Tonya projected that her business expenses for the
next six months should be around $2,500. This is an
example of what kind of financial planning?
300
Balance sheet
Jill can find the value of assets and liabilities for her
business at the end of the year on which type of
financial statement?
300
Completing a signature card
Which is the FIRST step in opening a checking
account?
300
$259.71
How much interest is earned on a balance of $1,000
for a certificate of deposit that is compounded at an
8% interest rate for an account maintained for three
years?
300
Collectibles
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?
400
Operation
Paul projected that his business expenses for the
next twelve months should be around $30,000. This is
an example of what kind of financial planning?
400
$5,000 net loss
Harry's Grocery Store revenue for last year was
$98,000 and it paid $103,000 for expenses. Which is
the net income/net loss amount for the store?
400
Restrictive endorsement
Maria prefers an endorsement that will make sure
checks are used for deposits only to her business
account. Which type of endorsement is preferred?
400
Preferred stock
RadioShack offers shares of stock to investors at a
consistent rate of 6% without any voting rights.
What type of stock is it offering?
400
Potential return
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?
500
Expansion
Ford Motor Company determined it can afford to
start selling vehicles that imitate a family room on
wheels. This is an example of what kind of financial
planning?
500
$12,000 net income
Last year's revenue for Zoe's Company was $95,000
and it paid $83,000 for expenses. Which is the net
income/net loss amount for the business?
500
Full
James received a $100 check. He wants to endorse
this check over to Steve. Which type of endorsement
should James use?
500
Both have a risk of loss of a investment.
How are common and preferred stocks similar?
500
Liquidity
. 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?