Test Bank For Fundamentals of Investing, 14th Edition, Smart, Zutter, 9780135662212
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Certified Investment and Financial Analyst
Institution
Certified Investment And Financial Analyst
Fundamentals of Investing 14th Edition Test Bank , Smart 14e Test Bank, Zutter 14e Test bank.
Test Bank For Fundamentals of Investing Fourteenth Edition Smart and Zutter.
Fundamentals of Investing, 14th edition (Test Bank), Scott Smart, Chad Zutter, Test Bank, 9780135662212.
Test Bank Fundamenta...
1) A non-interest bearing checking account is still considered an investment.
Answer: FALSE
Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
2) Land and buildings are examples of real property investments.
Answer: TRUE
Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
3) Since 1900, the average return on stocks has exceeded the average return on savings accounts
by more than 6 percentage points.
Answer: TRUE
Page-1
,Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
4) A United States Savings Bond is an example of an investment as defined in the text.
Answer: TRUE
Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
5) Most sources of investment information are in print format, expensive, and difficult to access.
Answer: FALSE
Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
6) Which of the following is NOT an investment as defined in the text?
Page-2
, A) a certificate of deposit issued by a bank
B) a new automobile
C) a United States Saving Bond
D) a mutual fund held in a retirement account
Answer: B
Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
7) Stocks are a(n) ________ investment representing ________ of a business.
A) direct; ownership
B) direct; debt
C) indirect; ownership
D) indirect; debt
Answer: A
Learning Outcome: F-12 Discuss the implications of systematic risk in financial markets and its role
in shaping investment choices
AACSB: Analytical thinking
Question Status: Previous Edition
Learning Goal: Learning Goal 1
Page-3
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