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
On the Run Tour via HBO
 Aug 18, 2018
Scroll to Start

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.
Cash
Credit
Investment

Question: 4/18Choose Your Answer:


Which is cheaper? Debt or equity?
Equity
Debt

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?
Credit
Amount of debt
Net worth

Question: 8/18Choose Your Answer:


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

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.
Amortization
Annuity
Capitalization

Question: 11/18Choose Your Answer:


What is ownership of an asset called?
Equity
Credit
Investment

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?
401K
Roth IRA
TIAA Cref

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:
Assets
Capital
Liabilities

Question: 17/18Choose Your Answer:


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

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?
$1,000
$1,150
More than $1,150
Women.com | Quiz Facts

Are you a finance guru? Do you have your financial commitments in order? If you unexpectedly lose your job or an unforeseen emergency comes up, are you financially ready to deal with such endeavor? Do you have a way with numbers? Are you currently working in the finance field? If you answered yes to one of these questions, then you'll have no problem acing this quiz!

If you are ready for today's challenge, sit back and relax, and get ready to take the easiest (or maybe, the hardest?) quiz in your life. All are welcomed to take this challenge. If you just need a break from the hectic world around you and from those excel sheets, give this quiz a try! Once you are done, make sure to share your results with all your friends and family. If you know of friends who are obsessed with these quizzes, then you definitely need to share this with them and see if they can ace this!

Whatever your heart desires, we can quiz you on it! Visit women.com/quizzes to check out some of our other viral content, and as always, don’t forget to share with your friends! Our goal at women.com is to make people feel good about who they are, and take a relaxing break from the world outside to do something that they enjoy. So take a breath, stop whatever you’re doing, and get ready to have a little fun. This 3-minute escape is exactly what you need!