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5 Written questions

5 Matching questions

  1. Salary
  2. Collection Agency
  3. Emergency Fund
  4. Welfare
  5. Values
  1. a A business that specializes in obtaining payments from debtors who have defaulted on their loans.
  2. b An individual's beliefs about what is important, desirable, and worthwhile, which often influence decisions.
  3. c Aid in the form of money or necessities for those in need; often from a government program.
  4. d Compensation for work, expressed as an annual sum and paid in prorated portions regularly— usually weekly, bi-weekly, or monthly. (See Wage.)
  5. e Money set aside for unexpected expenses or for living costs in case of job loss.

5 Multiple choice questions

  1. Another name for budget.
  2. Physical objects—such as fine art, stamps, and antiques—that an investor buys in the hope that they will grow in value.
  3. A state or federally chartered for-profit financial institution that pays dividends on deposits and makes mortgage loans.
  4. A legal document that provides detailed information about mutual funds, stocks, bonds, and other investments offered for sale, as required by the Securities and Exchange Commission.
  5. A legal arrangement through which a trustor manages a trustee's assets for the good of one or more beneficiaries.

5 True/False questions

  1. EthicsA set of moral principles or beliefs that govern an individual's actions.


  2. Credit ScoreAn agreement to provide goods, services, or money in exchange for future payments with interest by a specific date or according to a specific schedule. The use of someone else's money for a fee. (See Open-end credit, Closed-end credit, and Easy-access credit.)


  3. ProfitThe positive difference between total revenue and total expenses of a business or investment.


  4. RentA position of employment with specific duties and compensation. (See Career.)


  5. Credit UnionA state or federally chartered not-for-profit financial cooperative that provides financial services to its member-owners, who have met specific employment, residence, or other eligibility requirements.


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