Review Game Zone
Flash Cards
(current)
Games
Teachers
Search
POB 4.03
Test Description: POB 4.03
Instructions: Answer all questions to get your test result.
1) 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?
A
Liquidity
B
Potential return
C
Taxes
D
Safety and risk
2) 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?
A
Collectibles
B
Commodity exchanges
C
Commodities and futures
D
Gold, silver, and precious metals
3) How are common and preferred stock different?
A
Common stock pays stockholders limited dividend payments.
B
Preferred stock stockholders have priority in dividend payments.
C
Common stockholders have non-voting rights
D
Preferred stock stockholders have a minimum period of ownership
4) How are common and preferred stocks similar?
A
Both pay limited dividend payments
B
Both have the same amount of risk.
C
Both have a risk of loss of a investment
D
Both stockholders have voting rights.
5) RadioShack offers shares of stock to investors at a consistent rate of 6% without any voting rights. What type of stock is it offering?
A
Common stock
B
Preferred stock
C
Bond
D
Mutual fund
6) 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 account maintained for three years?
A
$135.00
B
$241.30
C
$259.71
D
$301.89
7) How much interest is earned on a balance of $1,800 that is compounded semiannually at a 6% interest rate for account maintained for one year?
A
$109.62
B
$110
C
$154
D
$175
8) Sam prefers a savings plan that allows him to earn interest on previously earned interest. Which type interest does he prefer?
A
Compound
B
Money market
C
Variable
D
Simple
9) Ted deposits money in a savings plan regularly. The interest he earns on this plan is indicative of how the money markets are doing. Which savings plan is he using?
A
Savings account
B
Bond investment
C
Certificate of deposit
D
Money market account
10) 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?
A
Bond investment
B
Stock investment
C
Certificate of deposit
D
Money market account
*select an answer for all questions
Check Results & Get Answers
Play Games with the Questions Above
Teachers: Create FREE classroom games with your questions
Click for more info!
©2007-2024
ReviewGameZone.com
|
About
|
Privacy
|
Contact
|
Terms
|
Site Map
WAIT! Find what you needed?
×
Still Looking for the Answers?
Have Another Question?
Play a Review Game with These Questions?
Want to Make Your Own Test Like This One?