Financial Planning Unit Midterm

Governments at all levels and corporations commonly use this type of security to borrow money?

• Stock

• CDs

• Bonds

• T-Bills

What is the federal regulation for principles accountants must follow called?

• International regulation

• National regulation

• GAAP

• SEC

GAAP Stands for?

• Generally Affordable Accounting Principle

• Generally Acceptable Accounting Principles

• Generally Adaptive Accounting Payoffs

• Good Affordable Account Principles

What are intermediaries between depositors (who lend money to the bank and borrowers (to whom the bank lends money).

• Insurance Companies

• Stock Market

• Non-Depository Financial Institution

• Banks

A professional who provides expertise for clients' decisions around money, matters, personal finances, and investments.

• Financial advisor

• Broker

• Banker

• Financial Analysis

A bank account that earns interest in which someone will open for a specific purpose arriving in the future.

• Deposit Account

• Checking Account

• An everyday Account

• Saving Account

A checking account helps you manage your day-to-day finances, such as paying your bills, receiving direct deposit of your paycheck, and withdrawing cash from an ATM.

• True

• False

• Maybe So

• Don't know

Examples of Securities are...

• Capital

• Commercial buildings

• Real Estate & Insurance

• Stock, bonds, debentures

A non-for-profit financial institutions that accepts, deposits, make loans, and provide a wide array of other financial services and products.

• Credit Unions

• Commercial Banks

• Investor

• Banks

Trades in raw or primary products rather than manufactured products.

• Stock Market

• Commodity Market

• Insurance Industry

• Real Estate Industry