This quiz works best with JavaScript enabled. Home > Saving > Investing > Saving And Investing – Quiz 23 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Saving And Investing Quiz 23 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. How do you get the greatest possible return? A) Medium risk investments. B) Low risk investments. C) High risk investments. D) Risk free investments. Show Answer Correct Answer: C) High risk investments. 2. Which of the following is NOT a risk when investing in real estate? A) Tenants may not pay rent. B) Tenants may destroy your property. C) Real estate values may increase. D) Real estate values may decrease. Show Answer Correct Answer: C) Real estate values may increase. 3. Identify the investment:-risky-ownership in a corporation-pays dividends-potential for reward is high A) Stocks. B) Bonds. C) Commodities. D) Real estate. Show Answer Correct Answer: A) Stocks. 4. Which of the following has a mission to ensure a safe, sound and dependable sources of credit and related services for agriculture and rural Amercia? A) FCA. B) FDA. C) FARRM. D) FICA. Show Answer Correct Answer: A) FCA. 5. An interest earning savings tool allowing restricted access to the funds deposited is called a A) Certificate of Deposit (CD). B) Checking Account. C) Savings Account. D) Investment Philosophy. Show Answer Correct Answer: A) Certificate of Deposit (CD). 6. Sara is looking for an investment that is structured to have tax benefits. She should look for information on: A) Tax-rated bonds. B) Speculative investments. C) Index funds. D) Tax-advantaged investments. Show Answer Correct Answer: D) Tax-advantaged investments. 7. Accounts offered by depository institutions whose main purpose is to help people manage their money A) Savings tools. B) Savings account. C) Checking account. D) Savings. Show Answer Correct Answer: A) Savings tools. 8. The last reported price at which a security was traded on an exchange. A) Bond. B) Stock. C) Inflation. D) Market price. Show Answer Correct Answer: D) Market price. 9. Which of the following is a short term savings/investing option? A) Stocks. B) Mutual Funds. C) Bonds. D) Savings Account. Show Answer Correct Answer: D) Savings Account. 10. Using the Rule of 72, calculate how approximately how long it will take to double your money if your money is earning a 6% interest rate. A) 12 years. B) 13 years. C) 14 years. D) 15 years. Show Answer Correct Answer: A) 12 years. 11. Company profits distributed to stockholders. A) Capital. B) Interest. C) Dividends. D) Rent. Show Answer Correct Answer: C) Dividends. 12. The chance that in investment will decrease in value is a A) Dividend. B) Loss. C) Risk. D) Capital gain. Show Answer Correct Answer: C) Risk. 13. Lester deposited $ 400 into a savings account earning 4.5% simple interest, and $ 450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? A) $ 98.60. B) $ 54. C) $ 439.64. D) $ 385.64. Show Answer Correct Answer: A) $ 98.60. 14. Employee benefits packages: A) Are non-wage compensations provided to employees in addition to their normal wages or salaries. B) Never include retirement plans. C) Are the same regardless of the company you work for. D) Should not be a consideration when looking for a job. Show Answer Correct Answer: A) Are non-wage compensations provided to employees in addition to their normal wages or salaries. 15. Suppose you work for a really terrific company whose stock has been gaining value.You decide to invest your savings to buy shares. What major risk do you face? A) Inflation. B) Higher taxes. C) Limited liquidity. D) Lack of diversification. Show Answer Correct Answer: D) Lack of diversification. 16. Provides fixed interest payments for a set period of time A) Money. B) Stock. C) Bond. D) Mutual fund. Show Answer Correct Answer: C) Bond. 17. Which of the following appoints the board members for the Farm Credit Administration A) Secretary of state. B) The president. C) Chairman of the board. D) Local farmers. Show Answer Correct Answer: B) The president. 18. This illustrates the trade-offs between risk and return for a number of saving and investing tools. A) Financial Risk Pyramid. B) Investment Philosophy. C) Portfolio Diversification. D) Certificate of Deposit (CD). Show Answer Correct Answer: A) Financial Risk Pyramid. 19. Type of savings plan where you deposit money at a bank for a set period of time A) Mutual fund. B) CD. C) Regular savings. D) Stock. Show Answer Correct Answer: B) CD. 20. These are the distribution of profits from a company to the stockholders A) Dividends. B) Options. C) Stocks. D) Bonds. Show Answer Correct Answer: A) Dividends. ← PreviousNext →Related QuizzesSaving QuizzesSaving And Investing Quiz 1Saving And Investing Quiz 2Saving And Investing Quiz 3Saving And Investing Quiz 4Saving And Investing Quiz 5Saving And Investing Quiz 6Saving And Investing Quiz 7Saving And Investing Quiz 8Saving And Investing Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books