Wall Street Exam Questions and Answers 100%
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Insider trading occurs when - ✔✔someone has information not available to the public which they use to
profit from trading in stocks
Mortimer and Randolph Duke, the two corrupt, septuagenarian brothers who run a - ✔✔commodities
brokerage house
Which of the following a major factor influencing the growth and change of employee benefits? - ✔✔the
government
Which of the following groups does not bear a disproportionate burden of poverty? - ✔✔the elderly
An investor who accepts the risk of a loss in exchange for the chance to earn a profit is referred to as
which of the following? - ✔✔speculator
A company's ____ are potentially the most effective instrument of good corporate governance. - ✔✔board
of directors
The value of cost of a good or service that is given up by choosing one alternative over another is called -
✔✔an opportunity cost
If you open a margin account with your broker, you can buy twice as much stock as you actually have the
cash to purchase. - ✔✔Fact
Standard Census data on the distribution of income: - ✔✔are before taxes in that they do not account for
personal income and payroll taxes
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, Diversification is investing in a variety of assets with which one of the following as the primary goal? -
✔✔reducing some risks
Which one of the following is an underlying assumption of the dividend growth model? - ✔✔a stock's
value is equal to the discount present value of the future cash flows which it generates
Some economists have criticized government figures on income inequality, arguing that these data -
✔✔overestimate the degree of income inequality by failing to include non cash transfers as income
Which of the following groups has the highest poverty rate? - ✔✔female-headed families
Agent costs are incurred by a corporation because - ✔✔all of the above
The following are examples of financial assets except - ✔✔patents
Scarcity arises because of - ✔✔a finite amount of resources
A financial instrument on which a futures contract is based is called which one of the following? -
✔✔underlying assets
The long-run objective of financial management is to - ✔✔maximize the value of the firm's common stock
Income - ✔✔is a flow concept
What are the earnings per share or a company that earned $100,000 last year in after-ta profits, has
200,000 common shares outstanding and $1.2 million in retained earnings at the year end? - ✔✔$0.50
In economics, efficiency refers to the property of society getting the most it can from its scarce resources -
✔✔true
Income mobility - ✔✔makes lifetime income inequality among income receiver in the US less than
income inequality in any single year
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Pass
Insider trading occurs when - ✔✔someone has information not available to the public which they use to
profit from trading in stocks
Mortimer and Randolph Duke, the two corrupt, septuagenarian brothers who run a - ✔✔commodities
brokerage house
Which of the following a major factor influencing the growth and change of employee benefits? - ✔✔the
government
Which of the following groups does not bear a disproportionate burden of poverty? - ✔✔the elderly
An investor who accepts the risk of a loss in exchange for the chance to earn a profit is referred to as
which of the following? - ✔✔speculator
A company's ____ are potentially the most effective instrument of good corporate governance. - ✔✔board
of directors
The value of cost of a good or service that is given up by choosing one alternative over another is called -
✔✔an opportunity cost
If you open a margin account with your broker, you can buy twice as much stock as you actually have the
cash to purchase. - ✔✔Fact
Standard Census data on the distribution of income: - ✔✔are before taxes in that they do not account for
personal income and payroll taxes
Page 1/9
Crafted for Academic Insight by KatelynWhitman. All rights reserved © 2025
, Diversification is investing in a variety of assets with which one of the following as the primary goal? -
✔✔reducing some risks
Which one of the following is an underlying assumption of the dividend growth model? - ✔✔a stock's
value is equal to the discount present value of the future cash flows which it generates
Some economists have criticized government figures on income inequality, arguing that these data -
✔✔overestimate the degree of income inequality by failing to include non cash transfers as income
Which of the following groups has the highest poverty rate? - ✔✔female-headed families
Agent costs are incurred by a corporation because - ✔✔all of the above
The following are examples of financial assets except - ✔✔patents
Scarcity arises because of - ✔✔a finite amount of resources
A financial instrument on which a futures contract is based is called which one of the following? -
✔✔underlying assets
The long-run objective of financial management is to - ✔✔maximize the value of the firm's common stock
Income - ✔✔is a flow concept
What are the earnings per share or a company that earned $100,000 last year in after-ta profits, has
200,000 common shares outstanding and $1.2 million in retained earnings at the year end? - ✔✔$0.50
In economics, efficiency refers to the property of society getting the most it can from its scarce resources -
✔✔true
Income mobility - ✔✔makes lifetime income inequality among income receiver in the US less than
income inequality in any single year
Page 2/9
Crafted for Academic Insight by KatelynWhitman. All rights reserved © 2025
