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






2. The total amount you earn before any deducations are subtractions






3. 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






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






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






6. Someone who has insufficient assets to cover their debts






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






8. The metal or paper medium of exchange that is presently used






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






10. Costs that do change from month to month






11. 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






12. One who is paid






13. Job elements that increase job satisfaction






14. A legally enforceable agreement between two or more people






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






16. Goals you wish to accomplish in five to ten years or longer; college degree - marriage






17. Take away the legal force of or render ineffective






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






19. Interest computed only on amount borrowed without compounding






20. Money you save






21. Money you save for things






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






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






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






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






26. The difference between assets and liabilities






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






28. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






29. The spreading of risks across many types of investments






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






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






32. The tax paid on your taxable income






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






34. 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






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






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






37. Money or debts that you owe to others






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






39. A summary of the income you earned during the year and all amounts the employer withheld for taxes






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






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






42. Depositor to a checking account






43. Occurs amoung co-workers of equal rank






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






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






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






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






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






49. A written assurance that some product or service will be provided or will meet certain specifications






50. A tax form used to uhh make deductions from uhhm ........ from your income in taxes