Question 1 / 20

What is the definition of a financial asset?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A loan given to a company or individual

A stock or bond

Question 2 / 20

What is the definition of a financial liability?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A loan given to a company or individual

A stock or bond

Question 3 / 20

What is the definition of a financial market?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A loan given to a company or individual

A market where buyers and sellers interact to trade financial securities

Question 4 / 20

What is the definition of a financial instrument?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A loan given to a company or individual

A contract that evidences a financial transaction

Question 5 / 20

What is the definition of a financial statement?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A loan given to a company or individual

Question 6 / 20

What is the definition of a financial ratio?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A comparison of two or more financial figures

A loan given to a company or individual

Question 7 / 20

What is the definition of a financial plan?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A loan given to a company or individual

Question 8 / 20

What is the definition of a financial advisor?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A professional who provides financial advice and services

A loan given to a company or individual

Question 9 / 20

What is the definition of a financial institution?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A company that provides financial services

A loan given to a company or individual

Question 10 / 20

What is the definition of a financial transaction?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

An exchange of money or other financial assets

A loan given to a company or individual

Question 11 / 20

What is the definition of a financial risk?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

The possibility of a financial loss

A loan given to a company or individual

Question 12 / 20

What is the definition of a financial derivative?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A financial instrument whose value is derived from an underlying asset

A loan given to a company or individual

Question 13 / 20

What is the definition of a financial index?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A measure of the performance of a group of stocks or other financial assets

A loan given to a company or individual

Question 14 / 20

What is the definition of a financial portfolio?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A collection of investments owned by an individual or institution

A loan given to a company or individual

Question 15 / 20

What is the definition of a financial analyst?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A professional who evaluates financial data and makes recommendations

A loan given to a company or individual

Question 16 / 20

What is the definition of a financial model?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A mathematical representation of a financial situation

A loan given to a company or individual

Question 17 / 20

What is the definition of a financial forecast?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A prediction of future financial performance

A loan given to a company or individual

Question 18 / 20

What is the definition of a financial advisor?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A professional who provides financial advice and services

A loan given to a company or individual

Question 19 / 20

What is the definition of a financial instrument?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A contract that evidences a financial transaction

A loan given to a company or individual

Question 20 / 20

What is the definition of a financial ratio?

A physical asset such as a house or car

A contractual right to receive cash or another financial asset from another party

A comparison of two or more financial figures

A loan given to a company or individual