FIN 2164 FINAL EXAM ACTUAL QUESTIONS AND
ANSWERS RATED A+
✔✔Advice and connections
Loans - ✔✔In addition to providing money, venture capital firms also provide ______
✔✔All of the above - ✔✔The pros of being an entrepreneur include:
A. huge upside for successful business
B. you get the satisfaction of building something
C. being your own boss
D. None of the above
E. All of the Above
✔✔Long Term Care - ✔✔__ insurance provides funds for nursing home care
✔✔Disability Insurance - ✔✔What kind of insurance provides income if you become
disabled and can't work
✔✔Property Insurance - ✔✔_________ is insurance that covers damage to buildings
and equipment
✔✔Workmen's Compensation - ✔✔____ covers the costs of on-the-job injuries to
workers
✔✔Financial Planning - ✔✔Life insurance salespeople also provide other services
including
✔✔All of the Above - ✔✔A Full service investment bank includes what services?
A. Risk Management
B. Operations
C. Research
D. Sales/Trading
E. All of the Above
✔✔Living Trust - ✔✔All of the Following are examples of large $ managers except
✔✔Glass door - ✔✔Gives opportunity to see interview questions/salaries
✔✔Dave - ✔✔Warns you before overdraft
✔✔pad folio - ✔✔binder like folder you take to interviews
✔✔life insurance - ✔✔pays off if you die
, ✔✔health insurance - ✔✔covers healthcare costs
✔✔long-term care insurance - ✔✔provides funds for nursing home care
✔✔Disability Insurance - ✔✔provides income if you become disabled and can't work
✔✔homeowners and rental insurance - ✔✔covers damage to your
house/apartment/condo and theft losses
✔✔car insurance - ✔✔covers damage to your car or theft of your car
✔✔Umbrella insurance - ✔✔supplemental insurance to cover costs that aren't covered
by your other policies
✔✔Travel Insurance - ✔✔covers medical and evacuation costs when you travel
overseas
✔✔Financial planning
Investment sales
Investment management - ✔✔Many life insurance salespeople also provide other
services, including:
✔✔Reinsurance - ✔✔insurance for insurance companies
✔✔Institutional managers - ✔✔managers manage large pools of money on behalf of
investors
✔✔Institutional managers - ✔✔Their job is to choose investments that outperform the
market
✔✔Mutual Funds - ✔✔raise money by selling shares to individual investors They then
take the money and invest it
✔✔Institutional managers - ✔✔The key difference between them and mutual funds is
that they are not open to the general public
✔✔insurance companies - ✔✔who invest the money that receive in premium payments
from their customers
✔✔Pension funds - ✔✔who invest money so that they have enough money in the future
to cover the pension payouts to retirees
✔✔Hedge Funds - ✔✔are speculative investment funds that make bets on the markets
ANSWERS RATED A+
✔✔Advice and connections
Loans - ✔✔In addition to providing money, venture capital firms also provide ______
✔✔All of the above - ✔✔The pros of being an entrepreneur include:
A. huge upside for successful business
B. you get the satisfaction of building something
C. being your own boss
D. None of the above
E. All of the Above
✔✔Long Term Care - ✔✔__ insurance provides funds for nursing home care
✔✔Disability Insurance - ✔✔What kind of insurance provides income if you become
disabled and can't work
✔✔Property Insurance - ✔✔_________ is insurance that covers damage to buildings
and equipment
✔✔Workmen's Compensation - ✔✔____ covers the costs of on-the-job injuries to
workers
✔✔Financial Planning - ✔✔Life insurance salespeople also provide other services
including
✔✔All of the Above - ✔✔A Full service investment bank includes what services?
A. Risk Management
B. Operations
C. Research
D. Sales/Trading
E. All of the Above
✔✔Living Trust - ✔✔All of the Following are examples of large $ managers except
✔✔Glass door - ✔✔Gives opportunity to see interview questions/salaries
✔✔Dave - ✔✔Warns you before overdraft
✔✔pad folio - ✔✔binder like folder you take to interviews
✔✔life insurance - ✔✔pays off if you die
, ✔✔health insurance - ✔✔covers healthcare costs
✔✔long-term care insurance - ✔✔provides funds for nursing home care
✔✔Disability Insurance - ✔✔provides income if you become disabled and can't work
✔✔homeowners and rental insurance - ✔✔covers damage to your
house/apartment/condo and theft losses
✔✔car insurance - ✔✔covers damage to your car or theft of your car
✔✔Umbrella insurance - ✔✔supplemental insurance to cover costs that aren't covered
by your other policies
✔✔Travel Insurance - ✔✔covers medical and evacuation costs when you travel
overseas
✔✔Financial planning
Investment sales
Investment management - ✔✔Many life insurance salespeople also provide other
services, including:
✔✔Reinsurance - ✔✔insurance for insurance companies
✔✔Institutional managers - ✔✔managers manage large pools of money on behalf of
investors
✔✔Institutional managers - ✔✔Their job is to choose investments that outperform the
market
✔✔Mutual Funds - ✔✔raise money by selling shares to individual investors They then
take the money and invest it
✔✔Institutional managers - ✔✔The key difference between them and mutual funds is
that they are not open to the general public
✔✔insurance companies - ✔✔who invest the money that receive in premium payments
from their customers
✔✔Pension funds - ✔✔who invest money so that they have enough money in the future
to cover the pension payouts to retirees
✔✔Hedge Funds - ✔✔are speculative investment funds that make bets on the markets
