FHCE 3200 Exam 3 ACTUAL UPDATED
Exam Questions and CORECT Answers
Nominal return - CORRECT ANSWER the return on an investment before the impacts of
inflation and taxes are taken into account
Real rate of return - CORRECT ANSWER return on an investment after subtracting the
effects of inflation and income taxes
Traditional IRA - CORRECT ANSWER Individual Retirement Account - A personal
qualified retirement account through which eligible individuals accumulate tax-deferred income
up to a certain amount each year, depending on the person's tax bracket.
ROTH IRA - CORRECT ANSWER A personal savings plan; contributions are not tax-
deductible; earnings are tax-free
Liquidity risks of treasury bills - CORRECT ANSWER
Liquidity risks of treasury notes - CORRECT ANSWER
EE savings bond - CORRECT ANSWER
I savings bond - CORRECT ANSWER
UGMA - CORRECT ANSWER
UTMA - CORRECT ANSWER
FBI's recommendations for protecting yourself against identity theft - CORRECT ANSWER
, Different types of fraud - CORRECT ANSWER
Different types of ways financial planners are paid - CORRECT ANSWER
Types of professional marks that signify a financial planner is a fiduciary - CORRECT
ANSWER
FDIC insurance - CORRECT ANSWER
SIPC insurance - CORRECT ANSWER
Investing alternatives - CORRECT ANSWER
Different types of market orders - CORRECT ANSWER
Different types of brokerage accounts - CORRECT ANSWER
Benefits and purpose of REIT - CORRECT ANSWER
Risks associated with international investments - CORRECT ANSWER
Types of international investments - CORRECT ANSWER
Difference between a mutual fund and an ETF - CORRECT ANSWER
Premium - CORRECT ANSWER the cost of the insurance
Exam Questions and CORECT Answers
Nominal return - CORRECT ANSWER the return on an investment before the impacts of
inflation and taxes are taken into account
Real rate of return - CORRECT ANSWER return on an investment after subtracting the
effects of inflation and income taxes
Traditional IRA - CORRECT ANSWER Individual Retirement Account - A personal
qualified retirement account through which eligible individuals accumulate tax-deferred income
up to a certain amount each year, depending on the person's tax bracket.
ROTH IRA - CORRECT ANSWER A personal savings plan; contributions are not tax-
deductible; earnings are tax-free
Liquidity risks of treasury bills - CORRECT ANSWER
Liquidity risks of treasury notes - CORRECT ANSWER
EE savings bond - CORRECT ANSWER
I savings bond - CORRECT ANSWER
UGMA - CORRECT ANSWER
UTMA - CORRECT ANSWER
FBI's recommendations for protecting yourself against identity theft - CORRECT ANSWER
, Different types of fraud - CORRECT ANSWER
Different types of ways financial planners are paid - CORRECT ANSWER
Types of professional marks that signify a financial planner is a fiduciary - CORRECT
ANSWER
FDIC insurance - CORRECT ANSWER
SIPC insurance - CORRECT ANSWER
Investing alternatives - CORRECT ANSWER
Different types of market orders - CORRECT ANSWER
Different types of brokerage accounts - CORRECT ANSWER
Benefits and purpose of REIT - CORRECT ANSWER
Risks associated with international investments - CORRECT ANSWER
Types of international investments - CORRECT ANSWER
Difference between a mutual fund and an ETF - CORRECT ANSWER
Premium - CORRECT ANSWER the cost of the insurance
