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. Job elements that increase job satisfaction






2. The spreading of risks across many types of investments






3. Interest computed only on amount borrowed without compounding






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






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






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






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






8. An account owned by two or more people.






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






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






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






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






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






14. Definite - clearly stated






15. The tax paid on your taxable income






16. Money or debts that you owe to others






17. 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






18. Items of value that a person own






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






20. Money you save for things






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






22. A legally enforceable agreement between two or more people






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






24. Someone who has insufficient assets to cover their debts






25. Money you save






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






27. 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






28. Costs that do not change from month to month






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






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






31. One who is paid






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






33. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






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






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






36. The difference between assets and liabilities






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






38. Take away the legal force of or render ineffective






39. Occurs amoung co-workers of unequal rank






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






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






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






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






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






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






46. Occurs amoung co-workers of equal rank






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






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






49. Depositor to a checking account






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