Test Bank For Fundamentals of Investing, 13th Edition

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1Fundamentals of Investing, 13e(Smart)Chapter 1The Investment Environment1.1Learning Goal 11) A non-interest bearing checking account is still considered an investment.Answer: FALSELearning Outcome: F-12 Discuss the implications of systematic risk in financial markets and itsrole in shaping investment choicesAACSB: 3 Analytical thinkingQuestion Status: Previous EditionLearning Goal: Learning Goal 12) Land and buildings are examples of real property investments.Answer: TRUELearning Outcome: F-12 Discuss the implications of systematic risk in financial markets and itsrole in shaping investment choicesAACSB: 3 Analytical thinkingQuestion Status: Previous EditionLearning Goal: Learning Goal 13) Since 1900, the average return on stocks has exceeded the average return on savingsaccounts by more than 6 percentage points.Answer: TRUELearning Outcome: F-12 Discuss the implications of systematic risk in financial markets and itsrole in shaping investment choicesAACSB: 3 Analytical thinkingQuestion Status: Previous EditionLearning Goal: Learning Goal 14) A United States Savings Bond is an example of an investment as defined in the text.Answer: TRUELearning Outcome: F-12 Discuss the implications of systematic risk in financial markets and itsrole in shaping investment choicesAACSB: 3 Analytical thinkingQuestion Status: Previous EditionLearning Goal: Learning Goal 15) Most sources of investment information are in print format, expensive, and difficult toaccess.Answer: FALSELearning Outcome: F-12 Discuss the implications of systematic risk in financial markets and itsrole in shaping investment choicesAACSB: 3 Analytical thinkingQuestion Status: New QuestionLearning Goal: Learning Goal 1

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