ATTENTION:
Kindly note that you will be presented with 50 questions randomized from the NOUN question bank. Make sure to take the quiz multiple times so you can get familiar with the questions and answers, as new questions are randomized in each attempt.
Good luck!
BFN203
1 / 50
A. …………. Is the practice of taking advantage of a price difference between two or more financial markets
2 / 50
B. Contingency fund could be classified into ------------------------------
3 / 50
C. Disability insurance police provide financial support in the event of the policyholder becoming unable to work because of--------------------------------
4 / 50
D. …………….. refers to the amount of funds in the structure of the capital that is borrowed from outside sources of financing.
5 / 50
E. The market for long term credit is-------------------------
6 / 50
F. Personalize contract between two parties in which payment takes place at specific date in the future at today’s pre-determined price is known as …………..
7 / 50
G. The summation of all positive cash inflows from rent and other sources of ordinary income generated by a property, minus the amount of ongoing expenses is known as ……………….
8 / 50
H. A property in the possession of a buyer can become a foreclosure if he or she fails to make a mortgage payment for at least ………………..
9 / 50
I. One advantage of diversification is ……………..
10 / 50
J. In finance, an investment involves utilization of funds in acquisition of financial assets such as financial securities and ________
11 / 50
K. The ------------------account attracts commission on turnover (COT).
12 / 50
L. ……………… property is regarded as the creations of the intellect for which a monopoly is granted to the designated owners by law.
13 / 50
M. A common name for Gold, Silver, Platinum, Diamond and Copper is ……………..
14 / 50
N. …………… refers to the owners’ contribution to the capital funding of the business
15 / 50
O. ………… derivatives are contracts that are transacted and privately sold directly between two parties, without going through any stock exchange.
16 / 50
P. Financial products, like Stock, Bonds, Treasury bills, and Treasuring certificate floated by Government is known as --------------------------
17 / 50
Q. Real estate investment can be …………… because of magnitude of fund requirement.
18 / 50
R. Workers’ compensation insurance replaces all or part of a worker’s wages lost and accompanying medical expenses incurred because of _________
19 / 50
S. Diversification is a technique that reduces ………….. by allocating investments among various financial instruments.
20 / 50
T. The maturity period for Treasury bills is--------------------
21 / 50
U. The money market is a market for __________
22 / 50
V. A derivatives refers to a financial product which has its value dependent on the outcome of the original _________
23 / 50
W. Usually, higher level-of-return investments are associated with higher ___________
24 / 50
X. According to economists, Investment is regarded as savings embarked upon as a result of __________
25 / 50
Y. One of the ways to reduce the risk of investment is by ----------------------------------
26 / 50
Z. Diversification means that an investor should invest in ------------------------------
27 / 50
AA. Capital gains are generated from an appreciation on the value of-------------------
28 / 50
AB. The strategic role of the Entrepreneur in creating a new venture revolves around ---------------------------------------
29 / 50
AC. A value investor buys undervalued securities while he sells …………… out of his investment portfolio in the capital market.
30 / 50
AD. Futures are derivatives in which the contracts to buy or sell a specific asset on a future date at a price …………….
31 / 50
AE. Preference shares attract fixed rate of ………………..
32 / 50
AF. ………………… in finance refer to the practice of engaging in risky financial transactions in an attempt to earn profit from short term fluctuations in the market value of a tradable financial instrument.
33 / 50
AG. An investment that involves buying or building houses, apartments and other landed property is referred to as investment in _________
34 / 50
AH. The major benefit from investment is the return on the __________
35 / 50
AI. The different methods of saving money is classified into ------------------------
36 / 50
AJ. Risk which is insurable has how many characteristics?
37 / 50
AK. ……………… involves contracts that subsist between two parties, which incorporate specific terms like Dates and Maturing values.
38 / 50
AL. …………….. market exists for the purpose of mobilization and intermediation of fund.
39 / 50
AM. Investment is very important because it could be used to -------------------------
40 / 50
AN. Marketable securities refer to money market financial instruments that are easily convertible to ----------------------
41 / 50
AO. In property investment, a large portion of purchase price is through debt instrument such as: __________
42 / 50
AP. Personal Financial planning process involves -------------------------------steps
43 / 50
AQ. How much allowance is provided per child in the Personal Income Tax Act (PITA)?
44 / 50
AR. The fundamental purpose of investment is to generate ___________
45 / 50
AS. Mortgages are long term loans that are secured by---------------------------
46 / 50
AT. Which of the following instrument is not traded in the Capital market?
47 / 50
AU. The rise in the prevailing price (market value) of a property over a period of time, being realized as a cash inflow whenever the property is sold is called ……………..
48 / 50
AV. One factor that can make real estate investment to result in failure is the absence of ……………..
49 / 50
AW. The two sections that make up the Financial market are ____________
50 / 50
AX. Specific kinds of risk that may give rise to claims are known as---------------------
Restart quiz
Rate this quiz
