CSET Business Subtest II (176): Practice & Study Guide  /  Business Courses

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CSET Business - Personal Finance Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. Yvette is risk intolerant and does not want there to be much fluctuation in value for her assets. Which asset would Yvette most likely keep?

Question 2 2. What is another term for stock?

Question 3 3. What's the best explanation of a bond?

Question 4 4. What is a creation unit?

Question 5 5. Which of the following lists is in the correct order, from least to most, of the market value of each of these financial assets?

Page 2

Question 6 6. Mary wants to invest in a security that is sold in the stock market. If she wants the highest diversification, what should Mary do?

Question 7 7. Why would an investor buy investment vehicles other than mutual funds or exchange-traded funds?

Question 8 8. How are a mutual fund and an exchange-traded fund different?

Question 9 9. What's the best explanation of diversification?

Question 10 10. Which of the following is the best explanation of a private placement?

Page 3

Question 11 11. George reaches into his wallet and pulls out a $20 US bill to pay for his coffee. By using currency to make a purchase, what is George actually doing?

Question 12 12. Which of the following BEST explains the contractual obligation associated with stock?

Question 13 13. What's the difference between a primary securities market and a secondary securities market?

Question 14 14. What's the name of a disclosure document required by the SEC to be provided to potential investors of publicly traded securities?

Question 15 15. Which of the following financial assets is a debt instrument - a promise by the issuer to pay the holder their principal plus interest at some future date?

CSET Business - Personal Finance Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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