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. Occurs amoung co-workers of equal rank






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






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






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






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






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






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






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






9. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






10. Take away the legal force of or render ineffective






11. A booklet used to record checking account transactions






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






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






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






15. Money you save






16. The tax paid on your taxable income






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






18. One who is paid






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






20. Money you save for things






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






22. Items of value that a person own






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






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






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






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






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






28. Someone who has insufficient assets to cover their debts






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






30. Interest computed only on amount borrowed without compounding






31. An account owned by two or more people.






32. Job elements that increase job satisfaction






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






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






35. The spreading of risks across many types of investments






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






37. Costs that do change from month to month






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






39. Depositor to a checking account






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






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






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






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






44. Occurs amoung co-workers of unequal rank






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






46. 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






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






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






49. The difference between assets and liabilities






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