Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!
Review your answers below to learn more.
1.
Investor associations _______.
Choose wisely. There is only one correct answer.
Provide investment training and advice to members. They do not invest members' money, and they typically require a membership fee to join.
2.
The formal offer to sell securities is called a(n) _______.
Choose wisely. There is only one correct answer.
Prospectus. The prospectus is the formal offer to sell securities, and it must be filed with the SEC.
3.
Which kind of firm is likely to have a Website?
Choose wisely. There is only one correct answer.
All of the above. All of the above firms are likely to have their own Websites.
4.
Investment books are a good source of basic information, but veteran investors always rely on their own experience instead.
Choose wisely. There is only one correct answer.
False. Investors at all levels benefit from information found in investment books.
5.
The best place to learn about local companies is likely to be _______.
Choose wisely. There is only one correct answer.
Your local newspaper. Your local newspaper may have more timely and in-depth information about local companies than any national media source.