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FINA 3315 2026 ACTUAL QUESTIONS
WITH VERIFIED ANSWERS.
The primary risk associated with a short-term investment is
A) purchasing power risk.
B) default risk.
C) interest rate risk.
D) economic risk. - correct answer-A
Short-term investments
I. provide liquidity.
II. fill an important part of most investment programs.
III. provide a high rate of return with low risk.
IV. provide resources for emergencies.
A) I and IV only
B) II and IV only
C) I, II and IV only
D) I, II, III and IV - correct answer-C
Federal insurance protects passbook savings accounts and
money market deposit accounts (MMDAs) up to
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A) $100,000.
B) $150,000.
C) $250,000.
D) $1,000,000. - correct answer-C
Beginning in 2010, the amount protected by the Federal
Deposit Insurance Corporation in non-interest bearing checking
accounts is
A) zero.
B) $100,000.
C) unlimited.
D) $250,000. - correct answer-C
Which of the following typically offers the highest rate of return?
A) certificates of deposit
B) passbook savings accounts
C) Now accounts
D) money market deposit accounts - correct answer-A
Which one of the following has the lowest level of risk?
A) commercial paper
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B) money market mutual fund account
C) banker's acceptance
D) U.S. Treasury bill - correct answer-D
Typical responsibilities of financial professionals in a corporate
setting include
I. managing cash and short-term investments.
II. evaluating investment opportunities.
III. working one on one with individuals to formulate plans for
reaching their financial goals.
IV. interacting with financial markets to find sources of external
financing such as debt and equity.
A) I and IV only
B) I, II and IV only
C) II, III and IV only
D) I, II, III and IV - correct answer-B
Jobs in which of the following fields require an understanding of
the investment environment?
I. commercial banking
II. corporate finance
III. financial planning
IV. insurance
FINA 3315 2026 ACTUAL QUESTIONS
WITH VERIFIED ANSWERS.
The primary risk associated with a short-term investment is
A) purchasing power risk.
B) default risk.
C) interest rate risk.
D) economic risk. - correct answer-A
Short-term investments
I. provide liquidity.
II. fill an important part of most investment programs.
III. provide a high rate of return with low risk.
IV. provide resources for emergencies.
A) I and IV only
B) II and IV only
C) I, II and IV only
D) I, II, III and IV - correct answer-C
Federal insurance protects passbook savings accounts and
money market deposit accounts (MMDAs) up to
, Page | 2
A) $100,000.
B) $150,000.
C) $250,000.
D) $1,000,000. - correct answer-C
Beginning in 2010, the amount protected by the Federal
Deposit Insurance Corporation in non-interest bearing checking
accounts is
A) zero.
B) $100,000.
C) unlimited.
D) $250,000. - correct answer-C
Which of the following typically offers the highest rate of return?
A) certificates of deposit
B) passbook savings accounts
C) Now accounts
D) money market deposit accounts - correct answer-A
Which one of the following has the lowest level of risk?
A) commercial paper
, Page | 3
B) money market mutual fund account
C) banker's acceptance
D) U.S. Treasury bill - correct answer-D
Typical responsibilities of financial professionals in a corporate
setting include
I. managing cash and short-term investments.
II. evaluating investment opportunities.
III. working one on one with individuals to formulate plans for
reaching their financial goals.
IV. interacting with financial markets to find sources of external
financing such as debt and equity.
A) I and IV only
B) I, II and IV only
C) II, III and IV only
D) I, II, III and IV - correct answer-B
Jobs in which of the following fields require an understanding of
the investment environment?
I. commercial banking
II. corporate finance
III. financial planning
IV. insurance
