Test your basic knowledge |

DSST Personal Finance

Subjects : dsst, personal-finance, bvat
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. One who is paid






2. Occurs amoung co-workers of equal rank






3. Provides federal aid for the elderly and for disabled workers






4. A goal you expect to reach in a few days or weeks; a B on next weeks math test






5. A group of people who work in the same or similar occupation organized for the benefit of all employees in these ocupations






6. Allows you to write checks to make payments; also called a demand deposit






7. Money that someone lends that you pay interest on when you pay it back






8. A form that asks questions of people that apply for a job; write neatly - black or blue pen;stay within space provided - fill in all blanks; be truthful; don't abbreviate; proofread






9. Job elements that increase job satisfaction






10. Professionally managed group in investments bought using a pool of money from many investors; used to buy stocks. bonds - and other securities






11. A depositor's order to a bank to refuse payment on a check






12. Goals you wish to accomplish in the next few months or years; graduation from highschool - or plans for summer employment






13. Get organized - make a plan - follow up - don't give up






14. A legally enforceable agreement between two or more people






15. A check that bears the bank's stamp - indicating it has cleared






16. Asks for your name address social security number marital status and number of exepemptions you are claiming for income tax purposes; this determines amount your employer will withhold from your paycheck for income taxes






17. The process of matching your checkbook register with the bank statement






18. The person who writes a check or draft instructing the drawee to pay someone else






19. Items of value that a person own






20. Definite - clearly stated






21. A check written for more money than your account contains






22. The need to reach ones full potential - to grow - and to be creative






23. Able to be set aside or to be revalidated at a later date






24. A natural - physical - or mental ability that allows you to do certain tasks well






25. A type of savings account that offers a more competitive interest rate than a regular savings account






26. Those who are legally capable of entering into contracts.






27. A promise to pay a specified amount on demand or at a certain time






28. (Cd) or a time deposit is a deposit that earns a fixed interest rate for a specific amount of time






29. Costs that do not change from month to month






30. Money or debts that you owe to others






31. Sympathetic- 'empatheic listening' ability to see another person's point of view and sense what person is feeling; critical- ability to differentiate facts from opinion - and creative-listening with an open mind to new ideas






32. An account owned by two or more people.






33. Return address - letter address - body of the letter: attention - interest - desire - action






34. A statement that solves a problem or explains how to solve the problem






35. 1. forms of employee compensation in addition to pay 2. the amount recieved by the beneficiary from a life insurance policy also called proceeds






36. Costs that do change from month to month






37. Take away the legal force of or render ineffective






38. The relationship between the costs of paying for workiers and the output that is recieved from their work






39. The tax paid on your taxable income






40. A booklet used to record checking account transactions






41. Depositor to a checking account






42. Money you save






43. The amount of monthly or annual pay you will earn for your labour






44. A face to face meeting with a potential employeer to discuss the job opening






45. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






46. The spreading of risks across many types of investments






47. Getting an interview - applying - interviewing - and following up






48. The difference between assets and liabilities






49. Someone who has insufficient assets to cover their debts






50. One who agrees to pay if the borrower fails to pay