Mock Q's - Mid Sem Test

Question 1

What is the primary goal of wealth management?
a) Accumulating as much wealth as possible
b) Preserving and growing wealth over time
c) Spending all available money
d) None of the above

Answer 1

b) Preserving and growing wealth over time

Question 2

What is an asset allocation?
a) The process of purchasing real estate
b) The division of investment funds among different asset classes
c) The act of buying stocks and bonds
d) None of the above

Answer 2

b) The division of investment funds among different asset classes