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. Money or debts that you owe to others






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






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






4. The tax paid on your taxable income






5. A legally enforceable agreement between two or more people






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






7. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






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






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






10. Money you save






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






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






13. Occurs amoung co-workers of unequal rank






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






15. The spreading of risks across many types of investments






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






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






18. Someone who has insufficient assets to cover their debts






19. Money you save for things






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






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






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






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






24. A booklet used to record checking account transactions






25. 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






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






27. Interest computed only on amount borrowed without compounding






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






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






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






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






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






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






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






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






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






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






38. Job elements that increase job satisfaction






39. 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






40. Costs that do change from month to month






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






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






43. The difference between assets and liabilities






44. One who is paid






45. An account owned by two or more people.






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






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






48. Take away the legal force of or render ineffective






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






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