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BUS 2010 (DAWN OLSEN) FINAL EXAM QUESTIONS AND ANSWERS
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BUS 2010 (DAWN OLSEN) FINAL EXAM QUESTIONS AND ANSWERS
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BUS 2010 (DAWN OLSEN) FINALEXAM QUESTIONS AND
ANSWERS
A _____ runs the investment portfolio and makes all buying decisions
Correct Answer -investment advisor
Who of these can manage a high-risk stock portfolio with 80% common
stocks?
Correct Answer -young single worker
What type of report provides descriptive financial information about a
firm? (Things like their current financial status, future goals or
investments, and company expansion.)
Correct Answer -annual stockholder report
What is it called when, once a person dies, the rights of survivorship
(their valuables and other junk) go to the other
owner?
Correct Answer -joint tenancy
Which type of broker trades ELECTRONICALLY?
Correct Answer -online broker
, What is a major reason to invest in mutual funds? (KEY WORD ONLY)
Correct Answer -diversification
When a person dies without a valid will, which relative is the first to be
given the opportunity to inherit their
stuff?
Correct Answer -spouse
Maria makes an investment... ($ TOTAL ONLY)
Correct Answer -$220,000
key words in this question: unmarried investor with few responsibilities...
Correct Answer -risk
what does it mean to "die in testate"?
Correct Answer -dying without a valid will
what is the primary objective of investing?
Correct Answer -enhancement of current income
what is the purpose of a social security program?
Correct Answer -provide basic and adequate income
what is one of the most common retirement mistakes?
Correct Answer -saving too little
a lady is wanting to invest. She goes around asking her family, mentors,
pastors, etc. for their opinions and advice on the matter. Which step of
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