Personal Finance - WebXam Review

What is the professional designation recognized by the industry for financial planners?

• Certified Professional Accountant (CPA)

• Certified Public Accountant (CPA)

• Certified Financial Accountant (CFA)

• Certified Public Planner (CPP)

Which document indicated that moral standards are required by a company?

• Code of Ethics

• Mission Statement

• Profit/Loss Statement

• Balance Sheet

You do not agree with a company policy and decide to vent on social media. What could happen as a result?

• The company policy is changed

• You receive a pay increase for providing input

• The company contacts your parents

• You receive disciplinary action from the company

Money paid for the use of an asset over a specific time frame is called.....

• Cash

• Lease

• Bond

• Stock

Legal tender used to purchase goods & services are called...

• Cash

• Lease

• Bond

• Stocks

Shares of ownership in a company are called...

• Dividends

• Leases

• Bonds

• Stocks

A debt instrument repaid over time is called a.....

• Dividend

• Lease

• Bond

• Stock

To supply with money or capital is to...

• Finance

• Lease

• Buy bonds

• Buy stock

What motivational tool could be used to increase productivity?

• An incentive plan

• A financial plan

• Limited work hours

• Increased work hours

What is the percentage of the total labor force who are not working but are actively seeking work and are willing to work?

• The employment rate

• The unemployment rate

• The labor market index

• The labor competition ratio