Quiz: Only World-Class CFOs Have Gotten 100% on This Finance Quiz. Can You?

“The more you learn, the more you earn.” -Frank Clark

Beyoncé laying in a pool of money
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 Aug 18, 2018
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Question: 1/18Choose Your Answer:

Which of the following is not an income statement in the accounting field?
Balance sheet
Income statement
Expense statement

Question: 2/18Choose Your Answer:

Liabilities of a company can be found on a:
Asset holdings
Balance sheet
Expense report

Question: 3/18Choose Your Answer:

____ is king.

Question: 4/18Choose Your Answer:

Which is cheaper? Debt or equity?

Question: 5/18Choose Your Answer:

What does PP&E stand for?
Personal Pay and Extension
Partners, Payables, and Equity
Property, Plant, and Equipment

Question: 6/18Choose Your Answer:

What does ROI stand for?
Reevaluate Optional Investigation
Rests on Inquiries
Return on Investment

Question: 7/18Choose Your Answer:

What does a FICO score calculate?
Amount of debt
Net worth

Question: 8/18Choose Your Answer:

A bond is similar to an I.O.U.

Question: 9/18Choose Your Answer:

What is an IPO?
When a company goes public
When a company acquires a small business
When a company becomes a non-profit

Question: 10/18Choose Your Answer:

This means paying off of debt with a fixed repayment schedule in regular installments over a period of time.

Question: 11/18Choose Your Answer:

What is ownership of an asset called?

Question: 12/18Choose Your Answer:

What entity or body regulates interest rates?
Department of Treasury
Federal Reserve
Bank of America

Question: 13/18Choose Your Answer:

Which of the following is a post-tax retirement plan?
Roth IRA

Question: 14/18Choose Your Answer:

There won't be a tax penalty when you withdraw from your Roth IRA or 401K if you are at least:
59 1/2 years old
71 1/2 years old
50 years old

Question: 15/18Choose Your Answer:

Experts recommend that you should save ____ months worth of living expenses.
3 - 6
1 - 2
6 - 12

Question: 16/18Choose Your Answer:

Debt and equity are types of:

Question: 17/18Choose Your Answer:

If you want to know the overall worth of a business, you must seek a:

Question: 18/18Choose Your Answer:

If you make a single deposit of $1,000 in a savings account, with an interest rate of 1.5% compounded annually. What will be your balance after 10 years?
More than $1,150
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