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






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






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






4. A legally enforceable agreement between two or more people






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






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






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






8. 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






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






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






11. An account owned by two or more people.






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






13. 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






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






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






16. A booklet used to record checking account transactions






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






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






19. Items of value that a person own






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






21. Definite - clearly stated






22. Money you save






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






24. Costs that do change from month to month






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






26. Costs that do not change from month to month






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






28. Occurs amoung co-workers of unequal rank






29. Someone who has insufficient assets to cover their debts






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






31. Money or debts that you owe to others






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






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






34. The difference between assets and liabilities






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






36. Occurs amoung co-workers of equal rank






37. Interest computed only on amount borrowed without compounding






38. Depositor to a checking account






39. Job elements that increase job satisfaction






40. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






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






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






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






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






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






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






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






48. Money you save for things






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






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