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. Costs that do not change from month to month






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






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






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






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






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






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






8. The difference between assets and liabilities






9. Depositor to a checking account






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






11. An account owned by two or more people.






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






13. Take away the legal force of or render ineffective






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






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






16. The tax paid on your taxable income






17. The spreading of risks across many types of investments






18. Intentionally writing a check on an account without sufficient funds in the hope of making a deposit before the check is cashed.






19. A check containing certification that the person who issued the check has sufficient funds on deposit to cover payment






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






21. One who is paid






22. Money you save






23. Money or debts that you owe to others






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






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






26. Items of value that a person own






27. Definite - clearly stated






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






29. 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






30. The us of long term savings to earn a financial return






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






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






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






34. The amount left after all deductions are taken out of your gross pay






35. A legally enforceable agreement between two or more people






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






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






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






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






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






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






42. Job elements that increase job satisfaction






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






44. 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






45. 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






46. Occurs amoung co-workers of equal rank






47. A booklet used to record checking account transactions






48. 'full service banks' provide the widest variety banking services. insured by FDIC






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






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