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. Costs that do change from month to month






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






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






4. Depositor to a checking account






5. Definite - clearly stated






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






7. Occurs amoung co-workers of equal rank






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






9. An account owned by two or more people.






10. Money or debts that you owe to others






11. 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






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






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






14. The tax paid on your taxable income






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






16. Take away the legal force of or render ineffective






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






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






19. A booklet used to record checking account transactions






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






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






22. Interest computed only on amount borrowed without compounding






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






24. Someone who has insufficient assets to cover their debts






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






26. 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






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






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






29. The difference between assets and liabilities






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






31. One who is paid






32. 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






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






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






35. Occurs amoung co-workers of unequal rank






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






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






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






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






40. Items of value that a person own






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






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






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






44. Money you save






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






46. (1993) allows employees to take p to 12 weeks of unpaid leave in a 12 moth period for certain medical or family situations






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






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






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






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