Question 1

Most newly public companies list their IPO shares on the

Accepted Answer

A)  NYSE MKT LLC. 
B)  NASDAQ. 
C)  NYSE. 
D)  Over the Counter market. 
A)  NYSE MKT LLC. 
B)  NASDAQ. 
C)  NYSE. 
D)  Over the Counter market. B

Question 2

Before buying a stock, you should estimate its future market value, just as you would the future value of a car or a home.

Accepted Answer

A) True 
 B)False  True

Question 3

The largest stock exchange in terms of listed stock value in the United States is the ________.

Accepted Answer

New York Stock Exchange

Question 4

In a corporate income statement, cost of goods sold is subtracted from

Accepted Answer

A)  revenue. 
B)  operating expenses. 
C)  earnings before interest and taxes. 
D)  taxes. 
A)  revenue. 
B)  operating expenses. 
C)  earnings before interest and taxes. 
D)  taxes.

Question 5

What was the closing price per share for Drizel on the day before the trading shown on this listing?

Accepted Answer

A)  $45.49 
B)  $45.69 
C)  $45.29 
D)  $48.78 
A)  $45.49 
B)  $45.69 
C)  $45.29 
D)  $48.78

Question 6

Use the following two columns of items to answer the matching questions below:
-sell stop order
A)purchasing stock with funds borrowed from a brokerage firm
B)an order to buy or sell at the prevailing market price
C)an order to sell a stock when the price falls to a specified level
D)a brokerage firm that provides advice plus transaction services
E)a brokerage firm that executes transactions without giving advice

Accepted Answer

The answer of Use the following two columns of items...

Question 7

The ________ is a measure of inflation that represents prices of products such as coal, lumber, and metals that are used to produce other products.

Accepted Answer

A)  CPI 
B)  PPI 
C)  inflation index 
D)  cost of living index 
A)  CPI 
B)  PPI 
C)  inflation index 
D)  cost of living index

Question 8

In the early 1980's President Reagan and Congress made sweeping changes to the income tax system, lowering both individual and corporate income tax rates significantly. These changes were an example of

Accepted Answer

A)  monetary policy. 
B)  tax policy. 
C)  fiscal policy. 
D)  both tax and fiscal policy. 
A)  monetary policy. 
B)  tax policy. 
C)  fiscal policy. 
D)  both tax and fiscal policy.

Question 9

Long established, "blue chip" companies list their shares on the

Accepted Answer

A)  NYSE MKT LLC. 
B)  Over the Counter market. 
C)  NYSE. 
D)  NASDAQ. 
A)  NYSE MKT LLC. 
B)  Over the Counter market. 
C)  NYSE. 
D)  NASDAQ.

Question 10

The most up-to-date quotes of stock prices may be found in The Wall Street Journal.

Accepted Answer

A) True 
 B)False

Question 11

In the U.S., IPO shares are generally listed on the ________ because the listing requirements are ________.

Accepted Answer

A)  NASDAQ; less stringent 
B)  NYSE MKT LLC; less stringent 
C)  NYSE; more stringent 
D)  Amex; flexible 
A)  NASDAQ; less stringent 
B)  NYSE MKT LLC; less stringent 
C)  NYSE; more stringent 
D)  Amex; flexible

Question 12

Unlike discount brokers, full-service brokers

Accepted Answer

A)  give stock advice to their clients. 
B)  execute stock trades quickly. 
C)  charge competitive rates. 
D)  seldom meet with clients. 
A)  give stock advice to their clients. 
B)  execute stock trades quickly. 
C)  charge competitive rates. 
D)  seldom meet with clients.

Question 13

Use the following two columns of items to answer the matching questions below:
-market order
A)purchasing stock with funds borrowed from a brokerage firm
B)an order to buy or sell at the prevailing market price
C)an order to sell a stock when the price falls to a specified level
D)a brokerage firm that provides advice plus transaction services
E)a brokerage firm that executes transactions without giving advice

Accepted Answer

The answer of Use the following two columns of items...

Question 14

A brokerage firm that executes your transactions without offering investment advice is a(n) ________.

Accepted Answer

discount b

Question 15

Which of the following actions of the U.S. government could not be considered part of fiscal policy?

Accepted Answer

A)  Federal Reserve actions to adjust interest rates 
B)  Raising the capital gains tax rate 
C)  Construction of a new dam 
D)  Providing job training for the unemployed 
A)  Federal Reserve actions to adjust interest rates 
B)  Raising the capital gains tax rate 
C)  Construction of a new dam 
D)  Providing job training for the unemployed

Question 16

Trades on the over-the-counter market are executed by

Accepted Answer

A)  market makers. 
B)  day traders. 
C)  floor traders. 
D)  specialists. 
A)  market makers. 
B)  day traders. 
C)  floor traders. 
D)  specialists.

Question 17

If you purchase stock ________ you are doing so with a portion of the funds borrowed from your broker.

Accepted Answer

The answer of If you purchase stock ________ you are...

Question 18

To start an online brokerage account, you need to do all of the following, except

Accepted Answer

A)  follow instructions to set up an account. 
B)  mail or deposit cash in an account. 
C)  go to the Web site. 
D)  deposit a minimum number of shares already owned. 
A)  follow instructions to set up an account. 
B)  mail or deposit cash in an account. 
C)  go to the Web site. 
D)  deposit a minimum number of shares already owned.

Question 19

One way for an investor to protect themselves when selling stock short is to

Accepted Answer

A)  not make the sale on margin. 
B)  buy an offsetting amount of the same shares coincident with the short sale to perfectly hedge the transaction. 
C)  issue a stop buy limit order at a price somewhere above the short sale price. 
D)  An investor cannot protect against large losses in a short sale transaction. 
A)  not make the sale on margin. 
B)  buy an offsetting amount of the same shares coincident with the short sale to perfectly hedge the transaction. 
C)  issue a stop buy limit order at a price somewhere above the short sale price. 
D)  An investor cannot protect against large losses in a short sale transaction.

Question 20

Some stockbrokers or analysts encourage frequent buying and selling of your securities which may cause you to

Accepted Answer

A)  increase your profit margin. 
B)  pay less commissions. 
C)  incur additional tax liabilities. 
D)  reduce your risk of loss. 
A)  increase your profit margin. 
B)  pay less commissions. 
C)  incur additional tax liabilities. 
D)  reduce your risk of loss.

Most newly public companies list their IPO shares on the

Before buying a stock, you should estimate its future market value, just as you would the future value of a car or a home.

The largest stock exchange in terms of listed stock value in the United States is the ________.

In a corporate income statement, cost of goods sold is subtracted from

What was the closing price per share for Drizel on the day before the trading shown on this listing?

The ________ is a measure of inflation that represents prices of products such as coal, lumber, and metals that are used to produce other products.

In the early 1980's President Reagan and Congress made sweeping changes to the income tax system, lowering both individual and corporate income tax rates significantly. These changes were an example of

Long established, "blue chip" companies list their shares on the

The most up-to-date quotes of stock prices may be found in The Wall Street Journal.

In the U.S., IPO shares are generally listed on the because the listing requirements are .

Unlike discount brokers, full-service brokers

A brokerage firm that executes your transactions without offering investment advice is a(n) ________.

Which of the following actions of the U.S. government could not be considered part of fiscal policy?

Trades on the over-the-counter market are executed by

If you purchase stock ________ you are doing so with a portion of the funds borrowed from your broker.

To start an online brokerage account, you need to do all of the following, except

One way for an investor to protect themselves when selling stock short is to

Some stockbrokers or analysts encourage frequent buying and selling of your securities which may cause you to

Overview of a Financial Plan

Planning With Personal Financial Statements

Applying Time Value Concepts

Using Tax Concepts for Planning

Banking and Interest Rates

Managing Your Money

Assessing and Securing Your Credit

Managing Your Credit

Personal Loans

Purchasing and Financing a Home

Auto and Homeowners Insurance

Health and Disability Insurance

Life Insurance

Investing Fundamentals

Investing in Bonds

Investing in Mutual Funds

Asset Allocation

Retirement Planning

Estate Planning

Integrating the Components of a Financial Plan

Filters

Exam 15: Investing in Stocks

Most newly public companies list their IPO shares on the

Before buying a stock, you should estimate its future market value, just as you would the future value of a car or a home.

The largest stock exchange in terms of listed stock value in the United States is the ________.

In a corporate income statement, cost of goods sold is subtracted from

What was the closing price per share for Drizel on the day before the trading shown on this listing?

The ________ is a measure of inflation that represents prices of products such as coal, lumber, and metals that are used to produce other products.

In the early 1980's President Reagan and Congress made sweeping changes to the income tax system, lowering both individual and corporate income tax rates significantly. These changes were an example of

Long established, "blue chip" companies list their shares on the

The most up-to-date quotes of stock prices may be found in The Wall Street Journal.

In the U.S., IPO shares are generally listed on the ________ because the listing requirements are ________.

Unlike discount brokers, full-service brokers

A brokerage firm that executes your transactions without offering investment advice is a(n) ________.

Which of the following actions of the U.S. government could not be considered part of fiscal policy?

Trades on the over-the-counter market are executed by

If you purchase stock ________ you are doing so with a portion of the funds borrowed from your broker.

To start an online brokerage account, you need to do all of the following, except

One way for an investor to protect themselves when selling stock short is to

Some stockbrokers or analysts encourage frequent buying and selling of your securities which may cause you to

Overview of a Financial Plan

Planning With Personal Financial Statements

Applying Time Value Concepts

Using Tax Concepts for Planning

Banking and Interest Rates

Managing Your Money

Assessing and Securing Your Credit

Managing Your Credit

Personal Loans

Purchasing and Financing a Home

Auto and Homeowners Insurance

Health and Disability Insurance

Life Insurance

Investing Fundamentals

Investing in Bonds

Investing in Mutual Funds

Asset Allocation

Retirement Planning

Estate Planning

Integrating the Components of a Financial Plan

Filters

In the U.S., IPO shares are generally listed on the because the listing requirements are .